Everyone would like to have just a little more money than they have. Whether you want to be just a bit more secure in your finances or you want to deal with any debts that you might have, the idea of having a bit more money in pretty tempting for most people. Of course, the question is how you can get that money. It can feel that if a payrise is not on the cards then you’re not going to be able to do it but that’s simply not true. If you want to have more money at your disposal, then one of the best things that you can do is to try and save a little bit each month. With that in mind, here are a few ways that you can save money on some of the simple things in life.
Most of us are simply paying way too much on our energy bills than we should be. Of course, you’re going to need power, heat, and water in your home but that doesn’t mean that you should be paying more than you can afford for them. The first thing that you should do is to find out if you can get a better deal from your provider, to do this you can compare energy providers using our free energy comparison service. After all the key is to try little things that can each have a small but important impact on your energy bills. Doing something like changing the bulbs in your house might not seem like a big deal, but online lighting retailer SimplyLED worked out how much money you could save by upgrading to LED light bulbs. Similarly, cutting back on how often you use the heating in your home can make a serious difference. Just remember to wrap up warm!
You need food, obviously, and trying to feed a family on a budget can often be one of the biggest challenges there is. However, it’s certainly not impossible. There are a few things that you can do to cut back on the cost of your groceries. Try to limit the number of perishable items that you’re buying. That way you’re going to be throwing away much less food. You should also avoid name brand products. They’re more expensive, and most of the time you aren’t going to be able to tell the difference.
Buying certain groceries in bulk can also be a great way to save money. For example, by buying almonds by the pound and grinding them into almond butter yourself can bring the cost from over £8 per pound down to £4.
You can do the same thing with other specialty items such as gluten-free flours and non-dairy milks which grocery stores usually charge a premium for.
You’ll have to invest in a food processor blender like one of these first, but it’s a huge money saver in the long run.
The truth is that you’d probably have a lot more money left over at the end of the month if you paid more attention to how many little purchases you make every day. These kinds of things might not seem like a big deal, but they can add up incredibly quickly. If you find that you never have any money left over, then there’s a good chance that it’s because you need to get a handle on your spending.
Being able to save this money is great but make sure that you’re keeping it somewhere safe. The best thing that you can do is to put this surplus money into a savings account and avoid touching it until you really need it for some reason.