The lovely folks at Moneysupermarket.com, one of my favourite money-saving sites, have asked me if they can guest post some of their hottest money-saving tips here. Those of you that know me well, know that I *love* getting a good deal. I like to equate almost every saving going, into the next little treat. A pedi, a bottle of bubbly, a night out with the girls. The savings all add up. My favourite pages on their site, are the shopping page, and the vouchers page which are well worth a look if you get the chance.
So, over to Rachael at Moneysupermarket.com.
Being a parent can be very expensive! This is why it’s important for mums and dads to save money where they can. The recession has had a negative impact on many families’ finances, and many of us are finding that we have less and less money to spend on ourselves at the end of the month. We at moneysupermarket.com are experts at saving money and love sharing a few of our ideas to help you make your money go that little bit further…
For many people, the weekly grocery bill is a major expense, especially if you have a large family. Food prices have increased dramatically over the past few years, and with many incomes being squeezed, it’s more important than ever to make savings where you can (a mummyinahurry speciality!). There are the obvious tips like never shop when you’re hungry and always stick to your shopping list, but sometimes that’s just not enough. To make real savings on your weekly shop it’s worth considering shopping in local independent shops, such as the butchers and fruit and veg shops. Meat from the butcher tends to be cheaper (and tastier) than from the supermarket and it is likely to be from a local source. Local suppliers means less food miles too, so great for the environment too. Your butcher is unlikely to use fancy packaging, which means they can pass those cost savings on to you. Greengrocers work on the same principles, so you’re more likely to get more for your money when you shop locally. And if you walk to the local shops, rather than driving to the local supermarket, you will save on fuel, and get some free exercise (who needs to pay for fancy gym memberships?).
Another option, which is a Mummyinahurry favourite, and the stalwart of many time-pressed parents is to shop for groceries online. Not only is it easier to stay away from those calorie-laden treats and refrain from the smell of freshly baked bread, but there are always an abundance of vouchers and voucher codes available on the internet for most major supermarket chains. An internet shop can also help you stick to budget, as if you overspend, you can simply edit your basket. Much easier than trying to edit a trolley full of groceries at the supermarket!
It is shocking how expensive necessities such as gas, electricity and water can be. Rising energy costs have eaten into family budgets everywhere. One quick and easy way to make savings is to compare energy providers online. Often, switching can save substantial sums, or you can use the threat of a move to get your current provider to give you a better rate. Another way to save money on utilities bills (and gain ‘eco-points’) is to be more aware of the energy you’re using. You can buy an energy monitor which tells you exactly how much energy you’re using in real time, allowing you to see which are the most expensive appliances to run. Even small changes such as turning off all electronic appliances when they’re not being used, can lead to noticeable savings.
Thrift is chic. Money-off vouchers have lost their stigma and have become increasingly popular during the course of the recession. Everyone loves a bargain, and vouchers give you the chance to buy things you may have been looking at anyway at a discounted price. Whether you’re out and about or shopping online, you’ll more than likely be able to find a printable voucher or voucher codes to use on that product. Before purchasing anything, do a quick search on moneysupermarket’s vouchers channel to see if you can get money off, or if not, consider looking for an alternative product or brand who offer discounts on their merchandise. We recommend spending a few moments printing off the vouchers for your regular stores and restaurants and keeping them in your bag or purse in case you need them while you’re out and about, so you never miss out on an opportunity to save some cash, (or treat yourself to a glass of wine or dessert with the savings).
Sell things you don’t need
Ever received a Christmas or Birthday present that you don’t use or like? Dig out all of the items that don’t use/wear anymore and sell them. There are countless online trading stores you can sell items on, such as the online auction house Ebay which allows you to sell or buy items, usually at a much lower price than in the shops. Sell that unused footspa that your aunt bought you for Christmas, along with that dress you’ve never worn and earn yourself some extra cash, for a rainy day treat.
Organise your direct debits
Keeping track of your bank account can be tricky, especially if you’re always on the go and buying things for the house or the kids. Its may be worth considering altering your organising all of your direct debits so they come out of your account around the date that you get paid, then after they’ve been taken out you will know that the money left is yours to spend. It may not be possible to get all direct debits to come out on the same day, but aim to get them taken out of your account within one week. Alternatively, set up a second account. Have your salary paid in to the account that your bills get paid from, then transfer a set amount into your spending account, operated on a debit card. Then when you check your balance, you will always know where you stand.
For many ‘mummysinahurry’, 24 hour online banking is the answer to that ‘can’t get to the bank in time’ dilemma. You can post/email/phone and fit your banking around your busy life. As mummyinahurry would say, whats not to love?!