10 Steps You Can Take to Save Money
If you are looking for easy swaps to save money and improve your budget, or to reduce your household outgoings, you will need to look at the areas where you can make the greatest change. You should start by focusing on the little things that make a big difference. Below you will find a few pointers that will help you make simple adjustments to your family budget leaving more money in your pocket.
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It is important that you stay safe and keep your family protected. However, you need to ensure that you are not paying more for your insurance than you need to. If you haven’t had a claim for a few years, and your premium still keeps going up, chances are that your insurance company is taking advantage of your loyalty, and you need to start shopping around. It is better to switch policies, insurance companies are more likely to reward new customers than existing loyal customers.
If you’ve been paying for a gym membership that you haven’t used for a while, and have no time to use for the next couple of months, you’re wasting your money! You can find alternative ways of working out that are more fun than paying for access to that swanky gym. A swift walk in the park in the morning doesn’t cost anything, and it might be a better way of starting your fitness journey than paying an instructor to introduce you to the machines.
Apart from gym membership, there are other subscription services you might be paying too much for. If you are getting your magazines or newspapers, you are not only wasting money on something that is only relevant for a short period of time, but you are also hurting the environment. That is why you might want to check out online magazine subscription services, saving you money and reducing your carbon footprint at the same time.
How economic is your driving? What was the last time you had your habits assessed by an advanced driving examiner? You can save up to 10 percent of fuel if you ensure that you are not driving on underinflated tires, or you use advance planning, avoid traffic, and go lighter on the gas and brake pedals. Maintaining the engine, getting your oil changed regularly will also help you make the most out of the fuel economy of your car.
If you have a family, one of your largest regular expenses will be food shopping. Unfortunately, healthy eating is can sometimes be more expensive than eating ready meals, but there are a couple of ways you can overcome this. For example, if you would like to make a smoothie, or a soup, you can visit the larger supermarkets after 6 p.m. when things are getting reduced. This method itself can save you money every day. There are also tons of free food items you can pick up with cashback apps like Shopmium!
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It is important that you cover the legal issues in your life. For example, having a will and a power of attorney for family members who are older is going to give you a peace of mind. At the same time, making sure that your life insurance beneficiaries are identified will save your loved ones a lot of hassle. A good fixed fee probate service can save you time and thousands of pounds, when you are dealing with loss and family issues.
Apart from food, most people spend too much on cleaning products. You will need to choose your products not based on the brand, but on how good and economical they are. If you would like to make your whites brighter while protecting your washing machine, you might opt for simple soda crystals instead of the branded stuff. White vinegar will keep your chrome appliances clean and your windows shiny.
You might have bought a PC or laptop with a free trial software pre-installed. This doesn’t mean that you have to stick with the same program, Instead of using the paid version of Microsoft Office, you can either opt for the cloud based version of Google office software, or OpenOffice or LibreOffice, which are open source and free. Likewise, if you would like to manage your productivity, there is probably a free app for that.
When you have kids, it is hard to keep them entertained during the school holidays and on the weekend. Days out should not be costing you an arm and a leg. When you plan your days out, you can simply visit a museum or activity center and – knowing that food will be expensive – take a picnic with you, Likewise, get the bike racks on the car and go for a ride in the closest park, instead of putting up with the crowd in the play centers during school holidays and weekends. You can also visit your friends’ house and invite them back to yours for a party when it is a rainy day again.
We all try to make the most out of our budget and live comfortably. Improving your home will not only give you a better quality of life, but also increase the value of your property. In the age of social media and video sharing sites, there is no reason why you should be unable to learn some simple DIY skills. No matter if you are interested in simple tasks, such as hanging wallpaper, or more complicated ones, such as tiling, there are loads of video guides out there to learn from for free.
Saving money every day just feels great. Make the most out of your budget by refusing to pay too much for your services, your food, your days out, and entertainment.