Last Updated: 18/01/2016 17:34:10 Tags: Tips On How To Save Money
It’s at this time of year when many of us will be feeling that post-Christmas pinch on our finances, so if you are looking at saving some money over the coming year, here are a few tips:
Energy for your home:
• Make sure you are getting the best deal from your energy supplier - with falling oil and gas prices you could buy into a cheaper tariff, to find the cheapest deal go to the Energy Saving Club and put in your postcode – some other comparison sites are not always the cheapest.
• If you are currently paying your bills quarterly you could change to direct debit and save up to £75 annually from your energy bill
• If you earn less than £16,500 per year you could be entitled to a new free boiler and free insulation for your loft. Check this link to find out more information visit the moneysavingexpert- British Gas however offers £700 towards insulation and cavity wall insulation and it’s not dependant on your income.
• Use less energy, set your heating’s thermostat to 21 degrees.
• Make sure your house is well insulated.
• If you switch bank accounts you could earn up to £220 for a year, check out M&S bank, First Directs, HSBC and Halifax.
• If you have a credit card and it’s maxed out transfer over to a 0% interest card.
•When traveling abroad check out top up cards such as EasyJet’s card, it’s free to load money, and they give you a good rate of transfer, cash withdrawals are usually free and so are most purchases.
• The best way to cut down on food shopping is to be prepared – this includes writing a list of meals you are going to cook in the week and a list of ingredients that you need.
• Swap well-known brands for supermarkets own brands – if you don’t like them you can always swap back and if you do you could save money.
• Avoid buying packet vegetables and buy one get one frees on fresh food.
• Stick to your shopping list
• Check out your freezer and cupboards before going shopping.
• Make sure you watch you portion sizes, especially when cooking rice and pasta.
• Use common sense when it comes to best before dates, don't throw out veggies or fruit if it looks as though it hasn’t gone off just because it’s gone past the best before date.