I believe that it is a good idea to sometimes spend more money and invest in various things in life. However, there are also many easy ways to save money, that have nothing at all to do with living a frugal lifestyle. I think it’s easily possible to live a luxe life whilst also being savvy and saving money along the way.
Here are 10 methods that I use in order to easily save money.
1: Cancel expensive TV packages
Nowadays, I probably watch nearly as many Youtube videos as I do TV shows. I don’t really tend to watch TV a great deal and when I do, it’s always channels that are available on basic packages. If you pay more to have a large number of channels, ask yourself if you really need it.
2: Get a cheaper phone contract
Every time an upgrade for my phone contract became available, I always used to take it. I realised that I was spending way more money than I needed to by doing this.
For several years, I used an old iPhone and took out a sim-only deal that costs me less than £10 and has a large amount of minutes, unlimited texts and plenty of data. It can feel like we always need to keep up with the very latest technology, but the truth is we really don’t need to. I’ve recently purchased an iPhone 7 and plan to use it for several years to come with the same cheap sim-only deal.
3: Buy fewer drinks and snacks on the go
I think sitting in a cafe with a drink and a slice of cake is a perfect way to relax. Nevertheless, when we go out anywhere, I usually take some drinks and snacks with us. Some places can charge pretty high prices just for a couple of packets of crisps and bottled drinks, so it makes sense to take our own for when we’re out and about for a few hours. I often take some of my favourite healthy snacks with us, so that I’m not buying junk food when I’m out too.
Because I tend to drink plenty of water every day, I often fill up a reusable bottle with water and take it in the car with me. I highly recommend this Sistema bottle, which is BPA free, easy to wash and dry, and a great size.
4: Read cheaper and even free books
Reading is something I love to do and I haven’t been doing enough of it recently. When my Mum bought me a Kindle for Christmas a few years ago, I wasn’t overly keen at first because I like to read an old fashioned physical book. However, I got converted!
I still enjoy sometimes buying paperback books, but I’ve found that Kindle book can be so cheap. Also, you can find a great deal of free books on Amazon. This has been a great way for me to discover new authors whose books I’ve then gone onto buy. A Kindle would be a great thing to ask for this Christmas if you love reading.
5: Choose supermarket own brand products
Whilst I used to be something of a brand snob, I’ve realised over the years that while I prefer some branded goods, there are many supermarket own brand products that are just as good, or even better, than their branded counterparts. It’s all about trying things and seeing what you prefer. I must have saved so much money over the years by buying cheaper versions of branded goods that are just as good.
6: Buy alcohol from Aldi
I’ve heard many times that Aldi sell great wines that are excellent value and I totally agree. I’ve heard the same about Lidl too, although I can’t comment because I’ve never shopped there. As well as getting most of our wine from Aldi, we also find their other alcohol to be great value too. Dan often buys their whisky and we love their Asti Spumante too.
7: Try cheaper toiletries
I really enjoy using some luxury toiletries, particularly when it comes to body lotions and bath products. Recently, I’ve been loving using Malée body conditioning cream every morning. A great way to save money is to mix luxurious products with cheaper variations. I’m a big fan of many Superdrug products, Dove body wash and Simple skincare.
8: Switch/don’t just pay renewal price
There is so much money to be saved in switching to a cheaper deal or even different supplier when it comes to insurance and utilities. I never pay a renewal price that I’m quoted because pretty much every time, just by phoning up and asking if they can reduce the renewal price, they will reduce it.
9: Use a cashback site
Using a cashback site is one of the easiest ways to save money when you’re buying things online. There are several cashback sites, but the one I always use is Topcashback. Once you’ve set up an account with them, if the website you want to order from has cashback available, you just click through to them via Topcashback and you earn money. There are plenty of options for receiving your cashback money, from a BACS transfer to Love2Shop vouchers. We usually withdraw our money as M&S gift vouchers, so we can treat ourselves to free food. It’s a great idea to do this when M&S have their Dine in for £10 deal too.
10: Overpay your mortgage
Something that will have saved us so much money over the years is making overpayments on our mortgage. It’s a great option to look into, particularly as savings interest rates are currently so low. Although of course make sure you read the terms and conditions for your mortgage, as fixed rate mortgages may well have a limit on how much you can overpay without being charged. Making overpayments can really help to reduce the length of your mortgage and reduce the interest you have to pay.
These are 10 of my favourite easy ways to save money. There are so many more I want to share, but this post would go on for way too long! As always, I would love to hear your thoughts. Let me know if you do these too and if you have any tips.
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