70 ways to save money now: A penny spar’d is twice got…

Enjoy these money saving tips...

Enjoy these money saving tips…

“A penny spar’d is twice got” is a saying which has come to be one of my commandments in search of my frugal ideals. You’ve probably heard the modern version before – “A penny saved is a penny gained.

 One of the reasons that I like to save is that we are a low income family with a £9000 debt which we are currently paying down. No mean feat, but doable and certainly not intimidating, well, certainly not as intimidating as we thought it was going to be before we rained in our spending habits and started to face up to reality.

If like us, you’ve gotten into debt and need help, get in touch with the debt advise charity StepChange. They are so helpful and will help take that weight off your shoulders…

In today’s post I want to share with you 70 (it was going to be 101, but 3 hours in and I’m starting to go all square eyed!) ideas to save money. Most of these I already do, and some of them I still aspire to do and aim to implement as soon as possible.

I’m not going to explain each and every one, but will give further information where they are not self explanatory.

I am writing this today, the 27th July 2013, but if you are reading this at a later date and can add to or update my list then please get in touch below.

If you are not into working hard at saving or making compromises then this article is probably not for you, but saying that, it may just inspire you 😉

Right, here goes…

  1. Have a water meter installed – This is not for everyone, but we’ve saved a bundle…
  2. Get a Streetbank account and start lending and borrowing your stuff and build your community www.streetbank.com
  3. Sign up to your local Freegle community to get access to free stuff www.ilovefreegle.org
  4. Head over to savewatersavemoney.co.uk/freepack and get a bunch of free water saving gadgets…
  5. Compare energy suppliers to make sure your getting the best deal at www.uswitch.com
  6. Check out agirlcalledjack.com and make a veggie burger for only 9p. She has a whole money saving recipe section…
  7. Switch the telly, lights and computers off and go enjoy the great outdoors – natures free…
  8. Pop to the supermarkets close to closing time and snap up some reductions. Remember to buy meals instead of treats and also remember to check if you can freeze them for later use…
  9. Got a garden? Ask for a water-butt on Freegle or Streetbank to help reduce your water bill…
  10. Cut out on the takeaways and learn to cook from fresh at home… See suggestion 6 above…
  11. Get a bike for those small journeys. We don’t have a car. Just three bikes and a bike trailer. I do about 60 miles plus a week – for just the cost of an inner tube now and again…
  12. Ditch the cable or satellite TV. Yes its nice to have loads of mind numbing channels, but priorities are priorities and Freeview is more than good enough.
  13. Downgrade your mobile phone package. My package is currently costing a bomb, but in December when my contract expires I’m going to revert back to a basic brick type phone on the lowest usable tariff I can find. I’m aiming for a 75% reduction.
  14. If you have a car, learn basic car maintenance. Changing oil, tyres, filling screen wash, changing broken lights amongst other things can save you mountains of cash…
  15. Have friends over for coffee and cake instead of going to a coffee shop. Here’s a cake recipe which costs me under a quid to make…
  16. Cut your own hair – or as in my case, have your wife do it. OK this one may not be for everyone, but as my hair is on fast retreat from my face, I go for the Buddhist monk look – saves me about a tenner plus each month.
  17. Budget your weekly food shop and stick to it. We used to spend hundreds on food each week. Now we budget just £50 for the three of us. This includes toiletries and cleaning stuff. I still like to think that we could reduce even this though 😉
  18. Grow your own or forage from the wild. I must say that I am crap at foraging. This year the only thing that I’ve picked from the wild is Jack in the Hedge – a salad leaf which tastes of garlic. We will pick blackberries in a few weeks though and mix them with apples to make jam. We’ve also picked salad leaves, courgettes, squashes, kale, turnips and chard from the veg plot this week. For foraging get Food for Free by Richard Mabey out of the library and for growing veg try Grow Organic by Garden Organics… 
  19. Go minimalist! This one is simple – less stuff = less stress. It also makes you stop and think when buying stuff – do I really need this? 
  20. Go veggie – Or go veggie at least once a week. We’re full-time vegetarians and we find it much cheaper than most carnivores. How about a Meat Free Monday?
  21. Instead of buying DVD’s or CD’s, borrow them from people in your community via StreetBank. See tip 2…
  22. Use only open source software or operating systems like Ubuntu or OpenOffice
  23. Use Skype to keep in touch with friends and family who are not close for free…
  24. Drink more water. Why not replace a couple of cups of coffee, tea, juice or fizzy pop with a glass of water?
  25. Don’t buy bottled water – In my opinion this is one of the biggest cons in recent times. In most cases, its more expensive than petrol per liter…
  26. Get back to basics with good old porridge. Nothing quite fills you up for the day than a bowl of warm porridge in the morning. Its much cheaper than the novelty, sugar loaded crap that they have in the cereal aisles.
  27. Use frozen veg as well as fresh. Frozen veg is easier to store and is nearly always cheaper than fresh – something that I always find strange…
  28. Wear more layers in the cold weather. OK we’ve been more than a little warm here in the UK the last month or so, but it will soon be winter so keep this in mind.
  29. Apply the if it’s brown flush it down, if its yellow let it mellow philosophy…
  30. Buy clothes second-hand. Nearly all of my cloths only cost me just £1 each – See how
  31. Take a packed lunch with you.
  32. Don’t leave lights on in a room that you are not using and switch off things on the wall instead of leaving them on stand-by…
  33. Don’t let the tap run while brushing your teeth…
  34. Take the 4 minute shower challenge. Get a free shower timer in tip 4…
  35. Don’t overeat, but choose to be healthy…
  36. Get a Frugal Computer for free or next to nothing…
  37. Compare shops for prices on groceries – note, this is not money saving if you are driving backwards and forwards in a gas guzzler so do compare prices online before you leave. We take the bike trailer shopping…
  38. Download a free copy of the Moneyless Manifesto from www.moneylessmanifesto.org and incorporate some moneyless living practices into your daily routine…
  39. Have a family picnic in the park instead of heading to pizza hut. Your gut and your wallet will be thankful for it!
  40. Switch to energy saving light bulbs. Search for bulbs though. We got cheap ones years ago from Ikea and they’re still burning bright and saving us money…
  41. Swap your phone provider and get a cheaper package with broadband. I’m with BT at the moment, but as of next month we aim to go with Tesco which will slash our bill in half! www.tescobroadband.com
  42. Use your local market to buy fresh produce, but have your whits about you as its not always cheaper…
  43. Learn to say no. Raise an informed respectful child, instead of a spoilt little brat…
  44. Let the Jones’s be the Jones’s and stick to being yourselves. So you haven’t got the latest mobile phone or car. Sod keeping up with the Jones’s and learn to love the things you have got…
  45. Pack up smoking. We did this years ago. It was easy for us, because we knew that we’d prefer the health benefits – both physical and financial… I’m still stunned that a smoker wastes on average £2000 a year…
  46. Don’t buy lottery tickets. After all, It Won’t Be You! 
  47. Avoid the car wash. In fact, why not wash your motor on the lawn and water that as you go?
  48. Buy generic medicines. Some painkillers can cost a bomb, but store own brands can cost as little as 16p (Boots) and they’re just as good.
  49. Turn the thermostat down a couple of degrees in the winter.
  50. Try to find a landline number instead of using 0870 or 0845 numbers. See www.saynoto0870.com
  51. Read and follow the Frugal Queens blog at frugalincornwall.blogspot.co.uk
  52. Take the kids to a free local attraction like a museum. We have our favourite here in Oxfordshire that we call the Dinosaur Museum – its actually the Oxford University Museum of Natural History www.oum.ox.ac.uk. It’s been closed this year, so we’ll make do with the Ashmolean.
  53. Get your house insulated. A few years ago we asked our landlord if he would get our house insulated. He agreed and got the loft and walls done for just £99.
  54. Get a wood burning stove. We don’t have one of these yet, but I’ll send this article to our friendly landlord and offer him this cheeky little idea. They’ll save you hundreds a year in fuel costs as there is always free wood going on Freegle! In fact, I have even seen actual wood burners going free on Freegle in the past. From what I can see, they are really simple to install and will actually add value to your property 😉
  55. Line dry your clothes in the summer…
  56. If your fridge is a little empty, fill it will bottles full of water as this will help the fridge better regulate its temperature and reduce running costs…
  57. Make your own cleaning products. I’m not really trusted with the cleaning and we are still using those nasty chemicals, but I hope to get my better half to make the swap to homemade cleaning stuffs soon. Maybe I’ll get her to proof read this post before I publish 😉
  58. Make your own bread…
  59. Keep your car tyres correctly inflated…
  60. Don’t buy newspapers. If you must keep up with the daily quagmire then why not read your paper online? Most newspapers have free online versions which are much more up to date than the paper version. They’re free too!
  61. Have a jar, pot, bottle or pig for all your loose change…
  62. Share lifts at www.liftshare.com
  63. Shop around for a better deal on pet, house and motor insurance…
  64. Drive the speed limit to reduce your fuel costs and save yourself on expensive fines…
  65. Never purchase anything expensive on impulse. Give yourself a 24 hour ‘cooling off period’ before jumping into your wallet…
  66. Clean your teeth properly twice per day as a preventative measure against dental problems…
  67. Banish bath-times and opt for 4 minute showers instead…
  68. Buy in bulk where possible, but make sure you can use it before it goes off…
  69. Reduce your debts as quickly as possible to save on repayments…
  70. Follow this my blog and keep up to date with my frugal living 🙂

Please, please, please share this article with a friend or loved one. Not for my own ego, but because it might just help them and set them on the path to financial freedom. Send them an email or share it on Facebook or Twitter. If it helps just one person then it will be well worth it.

Remember, look after the pennies and the pounds will look after themselves…

So, have I missed out any tips? Can you add any to the comments section below?

Much love,

R

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s