January is a month where people look to save money because of overspending at Christmas. It is always a good time to look at the finances meaning you have more money for luxuries. For us we like to save money in order to be able to treat ourselves to luxuries. For example, this year we want to go on a couple of weekends away and create amazing memories.
Check Phone Contracts
For me this something which I have done recently my phone contract was coming to the end. Brand loyalty is something which has gone now there is no such thing. I had a phone contract for a fair amount of years with Vodafone. When it came to upgrading I shopped around a little bit. I found a newer version of Iphone with more data for cheaper than I was paying. I changed the contract and saved about £50 a year. Due to now been with Sky, it means my data rolls over as well. So I effectively have a piggy bank which stores my data I have not used. When it becomes so full I can reduce my contract to one with fewer data and use that. This is allowed will in my contract I can increase the data amount back again when I need. This would be great if I need to save even more money. I know this is something Joe is looking at doing when his contract comes to an end.
Trade in Old Devices
This may sound like a really simple one but it can be so effective. When you get a new device which is an upgrade why not trade in your old version. I know I am terrible when I get a new phone I do not want the old one. I recently found 2 of my old mobile phones and have traded them in with CEX and a Webuymobiles. This is money which I would have never had so can go straight into the savings. I know this time of year is when a lot of people get new devices. So why not make some space and some pennies from you old ones.
Unsubscribe From Company Emails
They will only send you the latest offers which will tempt you on to the site. Which more times than not will end up in you spending money. Usually, this is on things which you do not want or need. I have done this to a number of companies over the festive period. I must say I do not miss receiving as many emails. Also I have gained the time I would have spent browising their site and this has made me more productive.
Don’t take your bank card shopping
This is one which I really need to start doing because I can spend money on impluse purchase. If you only have cash on you it does mean that you can not go over the budget. This would be handy in stores like home bargains and Aldi where it is easy to spend money because their so cheap. I have seen people take the money out of their account split it into different wallets depending what the money is for. Then at the end of the month, anything left over is savings. Going out without my bank card and no cash is something I have done a lot if I am only going somewhere like the gym and should not need money.
Sell unwanted items
Selling unwanted items has never been more simple since the introduction of Facebook Marketplace. All you have to do is take a quick snap and upload it with a quick description and the amount you want for the item. I must admit this is something we use a lot and have sold a wide array of items from baby items to TV’s to kitchen worktops. People out there will want you things and even come and collect it from you house there is no hassle of having to post the item out. If you do not want to use that of course, there is always eBay which is somewhere which I use a lot to sell some of Jess’ old clothing. There have been months where I have made £100+ from selling unwanted things.
Use eBay to purchase items
You can find some great bargains on eBay too be honest people do sell brand new items. The can be unwanted items or for some reason they have ended up with multiple of the item. Or a range of different reasons Converse are something which I usually pick up from eBay for around 50% off they may be worn a couple of times only. I also purchase a range of different things for Jess on there including fancy dress for events such as World Book Day and Halloween. So many bargains can be found on eBay and it is one way of stopping things been thrown away into landfill.
Meal planning is something which I have started doing more and more. I am seeing the benefits of it because it does not mean that we are walking around the supermarkets just picking up what we fancy. Instead I know what I need and also it makes me more aware of what I have in my fridge and freezer. Sometimes I will purchase meat when it is reduced in the supermarkets freeze it and then use it in a meal in the coming weeks. I have noticed we have less food waste since we have been doing this as well which is always a bonus. If you want to see some of the meals which we have been consuming check out my meal plans.
Use Cashback Sites
This is something which I spoke about in my post about how to save money online. I know this is something which a lot of people do either using Quidco or Topcashback. Last year I managed to get £100 back this is handy when you are feeling the pinch of January after Christmas. Already I have money in my account this year because it can take a while to get it that ‘s the only downside. This is money back on purchases which you would have made anyway which is always a bonus. I have had cashback on a wide range of things including holidays and presents.
Check renewal prices
This is something which I always do I have dates in my phone of when things are due. Sometimes I know it is a pain but it can save you some money like last year I saved £20 on our breakdown cover as a result of one phone call. We had our letter through which stated that it was going to rise by £20. When I looked on the same companies site I could get it for the same price I had the year before. One phone call later and I had it back at that price the reason they said it has gone up is because they had a high volume of call out that year. Even though I had not had a call out it just goes to show that checking the renewal prices can pay.
Do you need that subscription?
Recently I cancelled my Amazon Prime membership the reason is because we do not need to in the same house. We can share which means that we are saving £79 a year which is a huge bonus. I have got rid of box sets which I had for free for a few months because it was not getting used at all this meant we would be saving £5 a month. I feel like we may be the only ones who do not have Netflix but I would rather spend my money on something I am going to use than something which is going to be effectively wasted. Instead, I have sky sports which I use a lot more than I would Netflix.
What money saving tips do you have?