There are certain people that are adamant they have no money to save, or that they cannot possibly start thinking about saving their pennies on their current income. Luckily, there are a whole host of ways in which you can make your cash go further by doing a few simple things around the house. Whether you own, rent or have invested in property through investment companies like RW Invest, there are many avenues to explore to help you curb your spending.
2018 has come to an end and we are well into the new year, therefore there is no better time than right now to start saving a little more money. Here is a list of way in which you can start saving money around the house.
In the Kitchen
Keep a shopping list – One of the biggest drains on your monthly income is the food bill. How often do you buy food you don’t really want or need, and how much of that goes off and you end up throwing it away? It is a good idea to keep a shopping list in your kitchen. That way if you run out of something or are running a little low, you can just write it down. This saves you buying unnecessarily when it comes to traipsing around the supermarket.
Cook in bulk – Sunday is the day of rest, and great day to arrange your weekly meals. Cooking in bulk is one of the best ways to make your money last longer. Separating your dish into smaller containers allows portions to be easily frozen and placed in the fridge, while dishes can also be reheated later in the week. Casserole, soup and curry recipes work well and save you time and money in the long run.
Around the house
Reduce unused expenses, making sure if you are paying for things you don’t use that you find out what they are and cancel your payments. For example, you may have a subscription for Netflix that you don’t watch. This money could be used elsewhere in your budget, or just cancelled altogether. Gym memberships are another common payment that are often neglected, so just make sure you are getting your money’s worth.
Organise your bill payments – It is important to know when your direct directs are due to be taken from your account, this will help to solve any late penalties if you forget to pay on time. Make a note on your phone’s calendar or on a fixed calendar on a wall so you can always see when you are due to pay and the payment amounts.
Use cashback websites – Cashback websites are your first port of call when you want to start saving money on each thing you purchase. There are a number of cashback websites you can use, but it is best to shop around for the best. Cashback websites pay when you click through them, go to the retailer’s website or product providers and spend money. You can purchase everything from clothes, televisions, insurance and utility bills and a typical user can make an average of between £280 and £330 a year, with very little effort.
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