Published On: Fri, Nov 25th, 2016

Top 10 Tips on Saving Money

Every now and again we all feel the pinch when it comes to our monthly finances, perhaps you live constantly like this or maybe it is as a result of a large expenditure like a vacation. Whatever the reasons, there are always those moments when you pore through your monthly finances and look for places to save money. To help you out when it comes to having more cash in your pocket, here are our top 10 ways that you can be saving money.

Top 10 Tips on Saving Money

10 Second Rule

The 10 second rule will help you to save some cash, basically you need to stop and think for 10 seconds before making a purchase, consider how much you need the product and whether you can afford it or not. It’s amazing how many things you’ll put back on the shelf.

Switch Providers

Spend a day calling around energy, internet, phone and insurance providers, many of them will offer you a great deal if you switch your business to them and this can save a lot of money each month.

Make Gifts

Instead of shelling out when it is time to get a gift for someone, make the gift instead. You could make something crafty or even cook something. Doing this will save money and make the gift even more personal.

Go Solar

Having solar panels placed on your roof gives you a great chance to save money on your electricity bills as you’ll be essentially making your own. Sunnova are a company that offers these solar panels and their clients say that they save on average 20% annually, check out the Sunnova reviews to see what other positive things they had to say.

Repair Your Clothes

When it comes to damaged clothing, don’t be too hasty and go straight out to replace them, in many cases they can be fixed. You can save a lot of money if you opt to go for the sewing machine instead of heading to the shops.

Drink More Water

Aside from the numerous health benefits, drinking more water can help you to feel fuller for longer and as such, you’ll eat less. Naturally you shouldn’t be abandoning meals to avoid spending money but drinking more water can help prevent you from snacking.

Make Big Meals

When it comes to big meals like chiles and casseroles, always make extra, this can save you money in a few ways. Doing this can save you cooking time, can save you energy from cooking a meal again and can save you money as you buying bulk the first time around is cheaper than buying smaller amounts each time.

DIY

Paying professionals to do small jobs around the house can add up and very often you can do them yourself. There are loads of DIY videos online so when something needs to be fixed, have a go yourself and save money.

Buy Used

When it is time to replace something consider buying used items, the sharing economy ethos that exists right now means that charity shops and yard sales are plentiful and you can get your hands on some great stuff at a fraction of the price when bought new.

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