My Top Money Saving Tips

With the summer holidays fastly approaching I’m on the lookout for how we can cut back on our spending. Keeping two little boys entertained for six weeks can be an expensive affair and it’s always good to plan ahead and start thinking now about how some money can be saved to help fund the summer break.

1. Check your direct debits – this is something we do regularly, we look at our monthly outgoings and try to find cheaper deals where possible. We did this for the first time in a long time when I was on maternity leave with our youngest. We stopped some direct debits for things we no longer needed, and moved energy suppliers and home insurers and ended up saving almost £200 a month!
2. Declutter – this is something else I do on a regular basis, especially with clothes, and as the seasons are changing. Clothes the children have outgrown, or toys they no longer play with, are perfect items for selling on auctions sites and on social media selling groups.
3. Shop around – I very rarely buy all our food and household items from just one shop. I vary between supermarkets and discount stores to get the best prices and it makes such a difference to the total of our weekly shop.
4. Plan your meals and make a shopping list – I never used to do this and I would go to the supermarket and some home with a trolley full of food but nothing to eat. I’d have lots of food but found that very little went together to make a meal. Now we plan our meals for the week over the weekend and create a shopping list of the ingredients we will need. That way we know we will have in everything we need and it avoids those quick visits to the supermarket on the way home from work which ends up costing £20 when you only popped in for a couple of things.
5. Consider investing – if you are looking to save money for the long term it may be worth considering in investing your money, in well, money. Golden Eagle Coin buy and sell premium coins so whether you’re looking to buy as an investment or sell coins you may have lurking in your house, they are the people to go to. Another way to invest online is through SoFi, which you can find out more about by clicking on the link.

There you go, my top tips to save money, and whilst some of these may earn you cash in the short term they are tips to keep revisiting throughout the year and hopefully you’ll feel the benefit of extra pennies in your purse all year round.

Disclosure: This is a collaborative post.