Jasmine Birtles
Your money-making expert. Financial journalist, TV and radio personality.
A recent survey from the neighbourhood network app Nextdoor has found that over a third of Brits have saved money thanks to their neighbours and local community.
More and more often these days we are told that being kind is really good for us. Not only does it make us feel like we are contributing to society, thinking and caring about others also makes a difference to our own well-being. But did you know that the more we share and care the more we can save too?
The survey from Nextdoor has shown that it’s clear that Britain is a nation of good neighbours. It also revealed that over a third of Brits believe they have saved money thanks to the kindness of their communities, with over half of those (60%) saving themselves as much as £200 a year.
Our very own CEO and finance expert Jasmine Birtles, who is working with Nextdoor to explore the value within communities, agrees, “Not only does it make you feel happier and safer to have regular contact with neighbours, but it can also save £100s a year. The more we can share with each other the richer all of our lives can be.”
So what kind of help are we talking about? Things like lending a hand with groceries, repairing a household issue and pet sitting or walking are the top ways in which neighbours have helped each other out in the last year, according to the survey from Nextdoor.
But it’s not just odd jobs and lending a hand, 69% of Brits have no problem giving away unwanted items to their neighbours, and over a third say they have borrowed something from a neighbour in the past year – a saving of up to £50 for a quarter of people.
Jasmine believes that the key to saving money is right on your doorstep, “From borrowing a ladder or a drill to handing over a bag of food from the fridge before going on holiday to watching each other’s kids for an hour or so, sharing goods and services with neighbours is a fantastic way of saving money.
I am fascinated by the amount of freebies people pick up within their communities and the way neighbours can help each other with everyday services to bring the cost down. Community groups are a wonderful way to find great value and fantastic service, whether that’s a decorator or a dog-sitter.”
As well as connecting people, Nextdoor also allows users to hunt for much needed items through the ‘For Sale and Free’ section, which offers a place for neighbours to give away anything from furniture to toys , books and more; over one in four items listed on Nextdoor are free.
Nextdoor is an app that connects neighbours and communities. It’s free to download and is a place where you can share information about your local area; find and give help; get things done; and stay in touch with those who live around you.
Today, neighbours rely on Nextdoor in more than 300,000 neighbourhoods across 11 countries. In the UK, 1 in 4 households uses the network.
Their purpose is to cultivate a kinder world where everyone has a neighbourhood they can rely on. Laura Roche, Managing Director of Northern Europe, Nextdoor says: “Kindness between neighbours is vital for creating a strong community, and we can see that helping others can lead to tangible money savings, which is so important to many households right now. Nextdoor users can utilise the app to pick up everyday and household items and save money.”
Jasmine believes that the key to saving money is right there on your street, “Arranging a power-tool sharing group or car-pooling with local parents can help make small savings that over time lead to a bigger impact on your household budget. Also, you never know what skills someone has three doors down! You could have a plumber, a computer expert or a mechanic living just down the road who would give you a better price than you’d get from a high street operation.”
We’d love to hear about your experience with your neighbours and ways that you’ve saved money by sharing – let us know in the comments below!