Saving money does not need to be boring, nor does it need to be complicated. There are many different ways to put more funds into your saving account; it is simply about finding something that appeals to you and your lifestyle. With that in mind, read on for some creative and clever ways to save money.
- Get a better credit card – This does not mean that you should get into debt by maxing out your credit card, but rather, you should look for a credit card with a good rewards program, featuring the likes of gift cards and cash back.
- Consider the 30-day rule – Every time you think about purchasing something unnecessary, give yourself 30 days to decide. This will ensure you do not waste money buying things on impulse.
- Swap your car for a scooter – You can save considerable money by swapping your car for a scooter. This is especially beneficial if you are a two-car household. Not only are scooters much cheaper to purchase, but you will also save money in terms of insurance and road tax payments.
- Pay your insurance premiums yearly – You will often benefit from significant discounts if you pay your insurance premiums annually.
- Pack your lunch for work – You will be surprised by how much you spend on lunch every week. If you regularly buy your lunch from the canteen or a nearby cafe, start packing your own lunch instead.
- Do fun activities that are free – You do not need to spend a lot to have fun. There are many activities, from game nights to hiking, which does not cost anything.
- Make homemade gifts – Instead of buying presents for your friends and family, you should consider making them a gift. Not only will this save you a lot of money, but it is assumed to be appreciated, as a homemade gift is exceptionally thoughtful.
- Collect coupons – You can reduce the cost of your weekly shopping bill considerably by using online coupons from websites such as DontPayFull or in newspapers and magazines. Take a look at this coupon guide for rookies.
- Shop for things when they are out of season – Buy your bikinis in winter and your coats in summer.
- Use price comparison websites – From electrical goods to groceries, you can save a considerable amount of money by using a price comparison website before you purchase. This will enlighten you to the cheapest place to buy the said item on the web. Don’t forget to take shipping costs into account.
- Grow your own vegetables – Not only will this reduce your grocery bill, but you will have a lot of fun too, and the vegetables you grow will taste much better than what you were used to.
- Use better light bulbs – Last but not least, choose energy-efficient light bulbs. They may cost a little bit more than regular light bulbs, but they will last ten times longer.
- Use discount voucher websites – I have friends who have used websites like dealsdaddy and dealsqueen for years and save a fortune by shopping smart at their favourite stores. No having to trawl the internet looking for the best prices; just make significant savings at the stores your love.