LIFESTYLE THOUGHTS

How To Get Smart With Your Money This Year.

I find that January is the perfect time to get frugal, tighten the purse-strings and make some super saving by savvy with out outgoings.So i’ve put together some saving tips to make that December pay packet stretch further 

Try having a zero-spend day

Take one day off from spending a week from spending and put anything that you would have spent that day on like lunch, coffee or takeaway and but it straight into your savings. Cos every little helps! I’m not gonna lie, it’s going require some planning and meal pre but i’ll tell you that it will help evaluate your impulse spending habits that could turn out to be a real money-saver in the long run.

Think more about your impulse buys

Really ask yourself, ‘Do i need this’ before buy anything. If your answer is no, walk away. 

Do dry Jan

By kicking the boozy weekend to the curb can really save you some cash. The bubbles might not be flowing but your bank account will. 

Ditch that daily coffee habit

You know, that £3 a day habit can quickly add up to over £1,092 a year. Instead, enjoy a homemade cuppa and save the planet while you’re at it. This doesn’t mean that you can’t  treat yourself to a barista-brewed latte once in a while. You will more than likely enjoy it even more. 

Access your beauty-buying habits

Your beauty products and nail appointments come with a fairly hefty price tag. So if your keen on making the pennies go further that i would definitely consider swapping for high-end brands for supermarket savers, as well as brand on offer. Top tip: you could make exfoliate using coconut oil and sugar.

Get thrifty

You might think that buying in the sales seem like you’re getting a good deal but if you don’t need it in the first place, you’re still quids down. So buy second-hand to save money.

Workout at home 

Now that January here, you may be thinking about restarting your gym membership, even though you don’t enjoy going. So why not work out from the comfort of your own home, whilst saving those pennies.  

Learn to budget

By sitting down and working through your spending habits, will mean that you can get smarter with your priorities and learning to live within your means, without stopping all the fun. 

Top tip: Simply subtract all of your monthly outgoings from your monthly incomes and create a spreadsheet for the rest of the month. This way you can see exactly where your money is going, plus also knowing what you can cut down on and where you can save.

Switch energy suppliers

When it comes to saving money with our household bills we can become quite lazy. But by shopping around and making sure to compare tariffs across the market will save you money. You might not have to change supplier, you may even be able to negotiate with your current energy supplier for a better deal.

Clear out the clutter

Have you got old that you no longer want? If so, why not sell your unwanted clothes on Depop or even upload items on Instagram and ask your followers to get in touch if they want items, or clear out household items and furniture on Facebook Marketplace.

Get savvy with deals

By following brands on their social media channels, you can see any current promotions they’re running. You can also be savvy with deals by collecting money off coupons.

Delete your card details

When you shop online with ASOS, Topshop, H&M, Newlook, the checkout always remembers you card details – oh, how very convenient! Wipe them off. You’ll think twice about buying that new jumper if you’re having to actually, move off the sofa to find your purse.

Downgrade your phone plan

Why waste your money on unused minutes each month, when you could review you phone plan. Downgrade for a few months and save some pennies. You can alway review you plan again when you’re better off.

Use budgeting Apps

I find using a budget app allows me to see how much i’m spending and where about i’m spending it. These budget apps makes it easier to see where your money is going, as it categories your spending into groups such as; shopping, bills, health and transport. The summary tab give you an overview of what you’ve spent in each category during each month.

By having a spending limit for each category, can prevent you from running our of money at the end of the month. These kinds of apps also help you to keep an eye on your day-to-day spending habits and will let you know if it look like you’re going to run out of money.

Do you have any must-know money saving tips to see you through January? Let’s hear them!