As we all know, the financial situation in the UK is somewhat tight at the best of times, that’s why it’s highly recommended that you try to save money where and when you can. Following these 7 tips will help save you money giving you that room to breath.
1. Bundle your services
Many services providers offer bundle deals that can dramatically lower your fee’s simply by being with the same company for an entire package. Examples of this would be to bundle your telephone, internet and television into a bundle package, you would be most likely to make a saving big enough to make it appear as if one came free!
2. Cut back on Extras
Do you really use all of the services you pay for to their full extent, would it hurt to downgrade you television package as you don’t watch half of the channels? By cutting back on services you don’t use, you are saving your money and not paying for something that you’re not using.
3. Clip Coupons and Shop Sales
Shopping both in retail stores and on-line can be a tedious process and quite expensive. Saving up coupons or waiting for sales are usually your best bet as you can get things on discount prices. It may seem insignificant to save a couple of pence on a loaf of bread, but in the long run it adds up and you can get savings on large electrical appliances which could save you hundreds! For more information read our article on Vouchers and Coupons.
4. Slash Insurance Premiums
Insurance is a costly but needed thing in your life, but that doesn’t mean you can’t save money here. Shop around to see which companies offer you the best deals, look into cheaper deals for families or student discounts where applicable. If you have home-owners or renters insurance review your polices for anything that you don’t require.
5. Be Energy Smart
Gas and Electricity bills have shot up in price tremendously in the past few years and keeping their costs down is essential! By lowering the thermostat and turning off lights when they aren’t needed you can drop the price significantly. Double Glazing can dramatically help reduce the heat loss of your home and the government even offers numerous schemes for insulating your homes! For more information visit our article on Insulation and Heating.
6. Seek Cheap Thrills
You don’t have to spend a lot to have fun, little things such as having picnics rather than going to restaurants or reading books from libraries rather than buying them can make a difference.
7. Pay Your Bills on Time
Paying your bills late can quite quickly add up into late fee’s, by paying your bills on time you won’t have to pay for late payments.