Over the past year, I have become a smart spender. Vouchers, deals, offers, comparing the market - I do it all. I am hoping 2016 will be the year I see changes to my bank balance by being even smarter - cutting back the costs and saving even more. Here are 5 easy tips on saving and cutting back this year. You can thank me later.
1. If there's a loyalty card available, then I most probably have it. Loyalty cards are a great way of receiving points, discounts and free gifts. You're spending your money, so why not make use of the offers. So instead of paying for that 10th cup of coffee, get it for free instead. Cash-back websites are also great, they offer a percentage of your spending amount straight back to you - yes really.
2. Sign up for email alerts. Come 9am when I check my emails, I get to know about the latest offers and discounts retailers are offering. Even things like free shipping or gift with purchase can make a difference to your pocket. Some are exclusive to email subscribers so make sure you don't miss out.
3. Compare the market. Ever since giving birth to Aiden, I have become a savvy shopper. When those nappies run out or the wipes are running low, I do my research by comparing the market to see which retailer is offering the cheapest price. 9 times out of 10, I find my items on discount offer prices. What I say is - compare everything. It literally takes minutes but in-return you're saving yourself ££s.
4. The clever guys at E.ON energy have come up with a genius idea - a smart meter. The smart meter is free and once installed, you can keep track of how much energy you're using. This allows you to budget and easily calculate where to save on. We have been with E.ON for over 3 years now and I am super excited to take control of my energy uses. I am guilty of accidentally leaving the bathroom light on, listening to the TV whilst doing other things and keeping my heater on more than what we really need. Now I will be able to monitor it.
They have also introduced Smart Pay As You Go Meter to give users full control of what they're using, and when. With a simple app, you can top up your energy allowance whenever and wherever. Their also giving away plenty of special deals if you join. Find out more HERE and start making those savings today.
5. Pay off your debts. If you have any credit card bills, do a balance transfer to a 0% interest card. Not only does it give you a time frame to re-pay your debt, this way you'll be able to manage your money better, but you'll also be making massive saving on the interest charges you're currently paying - which can by sky high. Talking about bank accounts, if you don't have a ISA, you need one. It's a savings account which gives you a higher interest rate, so over time, you're savings are making you more money. It's also worth downloading a spending app to keep an eye on where you're over spending and where you can cut back on.
If you haven't seen the video already, then this is what happened when EON challenged me and Tommy to a shop and cook off.