Now, more than ever, it is important that we are more careful in the way in which we spend money. Whether you have returned to work full time or are on furlough and have a family to support, we can all benefit from being a bit better at saving instead of spending. With that in mind, here are a few tips to help you save money during this time!
1: Search for deals
There is nothing better than a good bargain! At the moment, plenty of shops – from fine dining restaurants to clothing stores, are offering reduced prices to encourage people to visit their establishments. Whether that means you find an amazing pair of jeans in the sale or enjoy a meal on the extended eat out to help out scheme – if you are deciding to treat yourself, be sure that you find a way to do so cheaply!
2: Meal Prep & Plan
There are several rules you should always follow when food shopping. The most important being to never shop when you are hungry. If you do, you are sure to end up buying more products than you need – because you are being guided through the isles by your rumbling stomach! However, another rule you should begin to follow is only buying what you need – as opposed to throwing in some extras as you shop.
At the start of the week, plan what meals you are going to cook for each day. Then, write a list of the exact amounts of each product you need and ensure you do not buy any more than that. Meal prepping and planning can save time and money and can also help you maintain a healthier lifestyle!
3: Seek help when needed
Even the most budget-savvy of us need financial help from time to time. Whether you have lost money as a result of COVID-19, or just need a little extra money to help you reach the end of the month, there are plenty of places you can go to help when you need it. There is no shame in reaching out!
Payday Loans are a great way to get your hands on some extra cash whilst you wait for your next wage slip to come in. They are short term loans, provided by payday lenders and you can apply for them quickly and easily online, so long as you are over 18 and currently employed. You can request as much money as suits you, starting from as little as £50.
4: Keep the kids entertained on a budget
Children are notoriously difficult to entertain at the best of time, but given that they’ve spent a lot of time at home in the last few months, they want nothing more than to be outside having fun. However, whilst it is important to let them enjoy themselves, you can still choose to participate in family activities that don’t break the bank. Here are just some ideas of fun activities you can do together.
- Arts and crafts
- Build a blanket fort
- Go exploring
- Host a movie night
- Write and perform your own stories/plays