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Money really does matter in life. Whether you like it or not, we need it to be able to keep a roof over our head, to feed ourselves and to get the things we want and need. It tends to be a pretty taboo subject and isn’t something we can always speak openly about with friends and family, and so whether we’re aiming to save for something or struggling with cash it can often be a lonely journey. Whether you’re looking to set up multi currency accounts to create a financial security in various currencies, or just making sure you are ahead of the game with your bills there are plenty of options. Maybe you’re saving up for a house deposit, or perhaps you’re just trying to pay down debts and get your finances straight- if you’re serious about saving some money then here are three ways to go about it.
The most drastic change of all but something that could save you hundreds, even thousands a year is by moving house. If you’re paying hundreds on rent each month it’s essentially dead money and cash you could be saving. You could move to a smaller property that’s cheaper to run with rent and bills, or you could move in with a kind friend or family member for a while and pay them a set amount in order to save cash. Renting a room with other house sharers is another option, bills and rent tend to be combined and it will be much cheaper than living alone. A great option for the short term.
Give up your car
If you own a car then a large part of your budget every month will be going towards this. Fuel, breakdown cover, repair costs, MOTs, insurance, tax and so on. Giving up your car, at least for a while again will free up money for you to save, pay down debts or whatever you need to do. Start walking everywhere or cycling, it’s good for you and you’ll save £’s while losing lbs. You could look into buying a motorcycle instead, they tend to be much cheaper to run but would still enable you to get around if you need to do longer trips. Just be aware of the risk, any accident attorney like https://www.braininjurylawofseattle.com/seattle-motorcycle-accident-attorney/ will tell you that will motorcycling is less dangerous than you might think, accidents that do occur are more likely to be life changing or fatal.
Start cooking at home
One place that most of us tend to spend too much is on, is food and drink. We buy cold drinks or coffees throughout the day, we order takeaways or go out to restautants to see friends. We buy bottles of wine to enjoy at home, and purchase too many groceries that end up getting wasted. Get a handle on your spending on food and drink and you’ll save yourself a fortune. Buy supermarket cheap brands, and create recipes in bulk that can be frozen and eaten again later on. Big pasta or rice dishes can be combined with any meat, vegetables or sauces that are on offer for example- they cost next to nothing but can be healthy and filling. Start bringing your own drinks and coffee to work and on days out, and stop dining out for a while. Watch the savings start adding up!
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