Lifestyle

6 ways to save money

For a lot of people, saving money is a top priority when it comes to setting those new years resolutions. We are always looking for ways to spend less on the things we have to and save towards future goals we might have. So far this month, I have helped you to organise your home and your life. For some of you, you might have been able to earn some extra money through selling those things you no longer want. Today I want to share with you 6 tips to help you save more money this year.

golden cup and basket with books about saving money
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Split Bills

A lot of apps such as Netflix allow you to share with family, so make sure you take up this offer where possible. Having one billing account and splitting the cost each month can save you so much money. Likewise, if you are ordering from somewhere but don’t want to pay a high delivery charge, see if any of your family and friends want anything. It might only be a small amount you are saving, but it will all add up throughout the year.

Create A Wishlist

This is something that I started doing last year and it has made such a different. Websites such as Amazon allow you to create a wishlist, whilst for others you might just have to create a note on your phone. The idea is that you add the things you are thinking of purchasing to your list and leave it until the end of the month. Then, before purchasing, take another look at your wishlist and see if you still want all of the items on there. The chances are, there will be a couple that you have changed your mind about and so are saving money.

crop woman counting money at modern office table. Save Money
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Birthday Wishlist

Once you have created your wishlist, you could then share it with people who ask you what you would like for your birthday. This way, you are getting gifts that you actually want and would make use of, whilst saving money at the same time. If an item is too expensive for one person to buy, you could instead ask for money towards it, so that you only have a fraction of the price to pay yourself.

Track Your Spending

One of the most important things you need to do when trying to save money is to look at where your money actually goes. Tracking your spending can help you to create a budget that is easy to stick to. It will also highlight where you are splurging and how you can rein it in.

Plan Your Meals

You have probably all heard of meal planning at some point but that is because it works. Knowing what meals you will be having for the week and what ingredients you will need will save you so much money. It also saves a lot of waste too. I try to pick up ingredients that I know I can add to several meals throughout the week. For example, mince meat and vegetables could give me a stew, a cottage pie and spag bowl all in one week.

Create A Savings Mood Board

Once you have created a savings goal, try to visualise it. If its a new house or that luxurious holiday, print off some photos and stick them somewhere you will see them. When we are living in the moment, we can sometimes forget the bigger picture. Creating a mood board will help you to keep focused and you’ll be surprised at how much you can save.

I hope you have found these tips useful. So many people are struggling with their finances at the moment, my heart really goes out to you. This pandemic has definitely taught us that you just never know what is around the corner and so having a little bit of money saved can never be a bad thing. If you have any tips you’d like to add, leave them in the comments below.

Other posts you might enjoy:

How to keep your home organised

5 ways to declutter sustainably

Valentine’s Day on a budget

39 thoughts on “6 ways to save money

  1. Love these ideas! Planning your meals is a great idea to saving money and making sure you’re only buying the food and supplies you need week-to-week ๐Ÿ™‚ I think I need to stop making impulse purchases! x

  2. I love the idea of a mood board. I think having something visual to work towards really helps with saving.

    I found saving for my wedding really easy because I had such a clear image of what I was working towards. I have started meal planning and it is making a huge difference already x

  3. I am honestly so bad at saving money, but we use a meal planning at home which has helped a lot, but i still spend money around without reason.
    I love the idea of a mood board, it would be an easy way to save money knowing you are working towards that specific thing. Thanks for sharing x

  4. I love this! The idea of putting everything in a wishlist until the end of the month is such a good idea, I’m definitely going to have to start doing that, and using wishlists more often as it is. Thanks for the great ideas.

  5. I’m always editing my wishlist throughout the year haha. It is a good way to track how much an item is as sometimes I’ll look at my list and see something by an item like “this item is 13% cheaper than when first added to list”. Then I know I am not overpaying.

    Helen
    Tea in the Tub

  6. These are some great ideas to save money, it is definitely a lot easier to save money when you canโ€™t go anywhere. Just have to be careful of online shopping. Thank you for reading and commenting.

    Lauren

  7. Saving money has become my priority during this pandemic. I used to spend money on everything I didn’t need and I think this was a big wake up call for me to stop. I really like your list, I think it’s important to be smart about saving money. Great post!

    xoxo Olivia | http://www.oliviaandbeauty.com

  8. I loveeeee these ideas Kelly! 2020 definitely taught me to save money. I am such a spender huh. I spent so much and I hardly saved before the lockdown but quarantining showed me the importance of saving. The mood board sounds like a really amazing idea. I love visuals, they have their way of motivating you to get something done!

  9. Great ideas for curbing spending! I also use wishlists to help manage my spending. After making myself wait 24+ hours, I rarely am interested in the item any more! And the items I do end up purchasing are more useful to me. Great post!

    Emily @ SurefireFinancialCoaching.com

  10. Great post! One of my goals for the year is to save more money. I’ve been keeping track of my spending and it’s been super eye opening.

  11. This is a great post! I am unemployed at the moment so I’m definitely counting every dollar. I like the splitting bills idea. I think long term it’ll be so helpful especially if you get creative with it like buy bulk products at the grocery store and have someone nearby to split it with. 1) to not waste food 2) to get the bulk savings! Thanks for sharing x

    http://www.lynnmumbingmejia.com

  12. We have just begun planning meals and it is so nice to be able to shop for the whole week all in one go without forgetting something or suddenly needing something else!

    Also love the idea of sharing Netflix accounts and potentially splitting bigger bulk orders. On Amazon, one more thing can often account for getting free shipping. ๐Ÿ™‚
    Thanks for sharing this!

  13. Good ideas here! Thanks for sharing!
    2020 is the year everyone should be making sure we are saving money and spending wisely.

  14. Great tips – thank you for sharing! We are just about done January no spend month and it’s been super eye opening to see how much we have saved. I spend over $60 on coffee/tea takeout in December. Yikes! Feels good to get back in control.

  15. I like the idea of wish lists, it is surely an organised way of cutting down items one just craves at a whim; maybe due to a certain emotion. Thanks for this post.

  16. I always have a list of things we need and during lockdown we have started and tried to save money, but whenever you get close to being able to purchase something, Iโ€™ve found something else needs replacing!

  17. Putting eveything in a wish list is a really great idea and I guess if youโ€™re buying from the same store itโ€™d also save on postage and packaging too!

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