Spring clean your Spending
With Spring just around the corner, this is traditionally the time to clear out clutter, get everything polished and generally neaten things up. This year it’s also worth taking time to do the same with your spending, looking at ways that you can save money while still enjoying life at the same time!
Do it yourself
Making your own sandwiches and bringing in your own drink can save a lot of money that would otherwise be spent in cafes, restaurants or vending machines.
Cars are expensive – you need fuel, insurance and other costs such as tolls and parking. Therefore, where possible you should walk or use public transport.
If, however, this is unavoidable don’t be afraid to shop around- look for economical vehicles with good mileage, shop around for insurance and before you go anywhere do your research on parking in the local area.
Can you refinance your home at a lower rate? Are you getting a good deal on a credit card or a loan? One of the big problems people have is they are afraid to switch and this can often result in losing out on better rates and better deals.
Sell your clutter
There are numerous websites where you can sell items – whether it’s an auction site, a local forum or a site that specialises in selling second hand items a clear out could be an additional revenue stream you may not be aware of.
Be more energy efficient
Timers on lights, more energy efficient equipment and simply turning things off when you’re not using them can save you a lot of money in the long term.
Use it or lose it
How many times a week do you go to the gym? Are you paying for a club you haven’t visited in a month or do you subscribe to magazines or newspapers you could flick through somewhere else? If not then these are expenses you don’t need.
Coupons and vouchers
There is nothing wrong with the occasional treat and if you have a coupon it can help you save money on them. However be sensible – bulk purchases of things you don’t need are a waste of money, not a saving!
Quality not quantity
This particularly applies to clothing- some people have a tendency to buy clothes “just in case” or end up buying extra items because they were on sale. It is better to have a few quality items that you wear regularly then a large wardrobe’s worth of clothes you don’t wear.
Look at where you live
You may think this is drastic but consider where you live – if you find yourself in an expensive area then it may be you are paying for that rather than any real additional benefit. As with any cost consider what you need – if you can get the same benefits elsewhere consider moving to a more affordable area.
These are just a few examples of ways you can save money. Contact us today for more information on how Larcomes Financial Services could help you get more from your money.