Ultimate Money Saving Tips
Its that time of the year when resolutions have been set. Maybe one of them is to improve your finances. Maybe pay off some debt, add more into your savings or prepare your better for the future. Here are my ultimate money saving tips. There are only 5 of them. Have a read, follow my advice and save yourself £000’s.
To get in control of your finances you need to face the truth and work out your financial situation. Work out your debts versus your savings and go through your bank and credit card statements to work out what you are spending your money on. From this you can:
1) Create a budget
2) Cancel any non-essential payments
3) Reduce costs of regular expenses through switching.
Facing the truth is the first step to getting in control.
More on Switching
I switch all my insurances, broadband, phone contracts, TV subscriptions once a year. I am yet to find a company that rewards you for loyalty. This is a huge shame.
I use the Topcashback comparison tools to give me information on the best deals, plus I get rewarded with a chunk of cashback. It pays to do some research here. And it’s always worth switching. Last year alone I saved £1000 though out the twelve months reducing my costs for house, car & travel insurance. Plus, switching my landline, broadband and TV services.
The only bill I have switched this year is my energy bill. I am an Octopus customer and have worked out that if I switch I will save around £5 per month. Its not really enough to make me switch from a company who provide me with a renewable energy tariff and great customer service. Its totally worth seeing if Octopus can save you money, here is my refer a friend link where both you and I will get £50 if you switch.
Cashback is one of my favourite ways to get free money on the purchases that I make on a regular basis. Topcashback has been regularly used for 4 years now and my total earnings are very close to £2000. I use if for all my annual renewals as mentioned already. Its used to book any Expedia holidays get an extra 5% discount. I use it when we order dominos! Literally everything and anything I buy online I always check Topcashback to see if there is cashback available and most of the time there is.
Getting rid of clutter
We all have that cupboard under the stairs full of clutter, or that spare room filled with stuff that isn’t being used. How about toys that the children no longer play with or clothes that no longer fit. This list goes on and on and we can all afford to have a huge de-clutter. Use this time now of new year and new momentum to get rid of the clutter and sell it. Sell it on Facebook groups (if you can bear it!) or sell it on eBay. Spend some time to work out which items will sell the best, get them listed and make some money.
Money making schemes
These are mostly too good to be true but there are a few that work and make you some quick cash. They take time, organisation and thought but can make you some extra cash. I have tried a few. Mystery shopping is a great one which I have written about here, I have made around £200 since starting. I have tried 20cogs a questionnaire and sign up site where you can earn money, I made £200. And I have tried matched betting, where you use the free bets from gambling companies to make a risk free profit, further explained here, I made £2000, yes £2k doing this is for 3 months.
I am sure there will be something in this list that you can give a try to save some money. If you could manage a few of them there are huge savings to be had or money to be made.
Happy New Year!!
Please do tell me if you have other money saving top tips. I love to hear them from different people.
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