How to save money

Money SavingMany people are looking for ways to save money due to the difficult financial times that we’re all suffering through at the moment.  Luckily, there are many ways to save money that should help make a difference to everyone’s pockets and below are a few ideas to help get you started…

Compare prices and find the best deals – It’s important that you find the best deals on the items you’re buying before just purchasing the first one you come to. Different stores have different deals and you’ll be surprised by how much money you could save by simply shopping around. There are many ways to do this but traipsing around the shops in the high street can be tiring and take up a lot of time, the best way to compare prices is by visiting a price comparison site such as moneysupermarket.com and let them to do the hard work for you. The other great thing about checking for deals online is that there are often money off vouchers for the products you’re after and with moneysupermarket.com making sure that they “Search thousands of UK offers for the latest voucher codes and discount vouchers”, you’ll always be sure to get the best deals available.

Clear your credit card debt – One of the best things you can do to help your financial planning along the way is to clear your most expensive debts first, which usually means your credit cards. Now, credit cards offer a very convenient way to pay for goods and services but if you know you’re unable to pay off the whole balance every month then it might be worth considering a low-cost loan as an alternative. Compare the credit card offers online to make sure you know the best deal you’ll get and then decide which option would better suit you and your financial situation.

Consider a pay-as-you go mobile – If you consider your mobile phone a necessity then perhaps ask yourself whether the calls and texts to get with the package are all needed. You could buy a pay-as-you-go phone for as little as £30 and then you’d only have to pay for the odd calls and texts that you need to make.

Make a shopping list – Shopping for food is a huge part of our monthly spending, so it’s worth trying out different strategies and ideas that could help you save money. Many stores spend large amounts of money on researching what makes us buy the things we do and spend more of our hard earned money. Every effort is put into what music is playing in the background and even how fast the music is- you’d probably be surprised if you knew how much these seemingly small things can make a huge difference to what you buy and how much you spend. The best way to make sure you’re only buying the things you need is to simply make a shopping list. By planning what you need for the week ahead, you’ll make sure you don’t go buying things that take your fancy or seem like a ‘good deal’ at the time, but simply the essentials. This should mean you soon start seeing the savings mount up in no time.

A savings article brought to you by the Vouchers team at moneysupermarket.com.

Photo Credit http://www.flickr.com/photos/vinish/ / CC BY-SA 2.0

Do you use Freecycle?

I don’t know if you know about Freecycle or not but I can recommend it in these hard times. You can do your bit reusing your items and get something back in return – everyone wins!

Freecycle
Freecycle

 

Our local group tends to offer larger items and outdoor things along with a good selection of baby items.  We have offered lots of baby things that are not really suitable for the local charity shop such as little ride on cars and a baby seat.  In return we have received a swing and garage shelving.  Each group is different and it all depends on what people have to give away!

The worldwide Freecycle Network is made up of many individual groups across the globe. It’s a grassroots movement of people who are giving (and getting) stuff for free in their own towns.

Freecycle groups match people who have things they want to get rid of with people who can use them. Our goal is to keep usable items out of landfills. By using what we already have on this earth, we reduce consumerism, manufacture fewer goods, and lessen the impact on the earth. Another benefit of using Freecycle is that it encourages us to get rid of junk that we no longer need and promote community involvement in the process.

Why not have a look and see if there is a group in your area –  http://www.uk.freecycle.org/