Do you find yourself running out of money at the end of the month? If so you are just like the nearly one third of Brits that live month to month, struggling to pay for the basics near payday.
However, don’t despair, we have some great money saving habits that will help your financial situation. For example, why not get paid up to £5 for completing surveys with Valued Opinions?
If you adopt these 6 money saving habits, you can save thousands of pounds a year, allowing you to not only pay for the essentials, but maybe save for luxuries too, and be debt free.
Pack your own lunch
This might seem like a small change, bringing your lunch to work or university can make a huge difference over a year. If you spend an average of £5 each workday, that adds up to over £1000 over a year.
Create a budget – and stick to it
While this one seems like common sense, it is surprising just how many of us do not follow a written budget each month. It can be hard to know exactly where your money is going when you do not follow some kind of a financial plan – seeing your finances on paper can take a lot of stress out of the equation, helping you to pay off debt and start a healthy savings account.
Open all of your post and return all of your calls
In our increasingly digital age, we sometimes neglect the importance of physical mail and telephone messages, and mail (both voice mail and paper) can pile up over the weeks and months. If you neglect to give either the attention they deserve, you can end up with a massive unpaid bill or other debt that you aren’t even aware of – and the interest can really add up, costing you unnecessary fees.
Complete online surveys
If you want to save money on your monthly food or clothing bills, there is no better way to earn vouchers than by completing online surveys from sites like Valued Opinions. Filling out just one survey can often earn you £5 worth of credit for shops like Sainsbury’s, Boots, Argos and Topshop – a fun and savvy way to save.
Valued Opinions usually offer at least one survey a day and you can earn up to £5 for completing a survey (although the average survey usually pays out £1.) By filling in your profile details you will be selected for more targeted and relevant surveys.
You can cash out once you’ve earned £8 or you can keep going and continue to earn more. Once you cash out Valued Opinions, will send you an Evoucher for you to spend on something of your choice.
Do dry January
Millennials in the UK are drinking less than ever before, with more than half of UK nightclubs closing in the last ten years. If you don’t want to curb your drinking throughout the year, why not try dry January? One survey suggested that doing dry January could help you add £20,000 to your pension – and your liver will thank you too!
Go without a TV licence
How much do you really watch live TV?
You could easily save £145.50 over the year if you never do. You can still watch all your favourite TV programmes on catch-up or use streaming services like Netflix, NowTV and Amazon Instant, and pay much less or nothing for the pleasure.
(Be aware though, from 1 September 2016 you will need to be covered by a TV Licence to download or watch BBC programmes on demand, including catch up TV, on BBC iPlayer. This applies to any device and provider you use. You still need a TV Licence to watch or record programmes on any channel as they are being shown on TV or live on an online TV service. For more information, visit tvlicensing.co.uk/info.)
If you follow each of these small changes, you could save thousands of pounds each year and maybe save a little for the future!