25 Ways to Start Saving Money Today

Budgeting and saving money can seem like a daunting task, but it doesn’t have to be. Here are is list of small changes that you can make that will save you a lot in the long run:

  1. Set money aside without having to think about it. Make regular contributions to your Nottingham Credit Union savings account by standing order or from your salary (if you work for one of our employer partners). Before you know it, you’ll have saved up a fair amount of money without ever realising it had gone.
  2. Switch energy providers. You can find the cheapest deal with Money Saving Expert’s Cheap Energy Club.
  3. Unplug appliances when they’re not being used.
  4. Use comparison shopping sites like http://www.mysupermarket.co.uk/ to find the best deals for your weekly food shop. You can compare individual items across stores to see which one has the lowest price at any given time.
  5. Take advantage of supermarket loyalty cards like the Tesco Clubcard and Sainsbury’s Nectar Card that allow you to earn points and vouchers.
  6. Buy food in bulk and store it in the freezer to get lower prices and avoid waste. You can find a list of freezable foods here.
  7. Use a slow cooker to prepare meals for the week instead of eating out. It’s cheaper than using the oven and you can leave it on while you’re at work to come home to a freshly cooked hot meal.
  8. All of those meals out with your friends can start adding up. Instead of going to a restaurant, take turns cooking for each other or have a potluck. It costs a lot less and can end up being more fun!
  9. You can also save a lot just by taking your own lunch to work instead of eating out. Just set aside a few minutes the night before or in the morning before work.
  10. Invest in a reusable water bottle rather than buying bottled water.
  11. Buy store brand instead of name brand. Often times you can’t taste the difference and it can end up saving you a lot in the long run.
  12. Make your own beer and wine. You can buy a kit at Wilko’s for as little as £10 for 40 pints. Not only is it 25p per pint, but it’s also fun to make as well.
  13. You can also grow your own herbs as opposed to buying them as you need them. A basil plant from Sainsbury’s costs £1.50 and keeps growing back, whereas a bunch of fresh basil costs 80p and will go off in a few days.
  14. Take advantage of reward cards like our prepaid card that offers cashback at many national and local retailers.
  15. Check to see if your children are entitled to any benefits such as free meals or school uniform.
  16. Do your holiday shopping right after the holidays when everything goes on sale. You may not want to think about Christmas in January, but it will save you money later in the year.
  17. Buy presents in advance during seasonal sales. The recipient will never know you got a discount on it and you won’t have to worry about finding a gift at the last minute.
  18. Exercise at home instead of paying for a gym membership. There are plenty of workout videos you can watch for free on Youtube on channels such as PopSugar Fitness and GymRa.
  19. Youtube is great for learning how to do all sorts of things. You can save money by doing things yourself instead of paying someone, such as cutting your own hair.
  20. If that sounds a bit intimidating, you can always go to a beauty school to get your hair done at a discount or even for free.
  21. Sell old mobiles and electronics for cash by finding the best deal on http://mobilevaluer.com/.
  22. Sell things you no longer need on Ebay and get good deals from other sellers on things such as clothing and home goods.
  23. Take advantage of free trials such as Amazon Prime and Netflix, but don’t forget to cancel them before the trial period is over!
  24. Quit smoking. You no doubt know the health impacts of smoking but it could be burning a hole in your wallet too.
  25. Avoid payday loans – come to us instead for competitive interest rates regardless of your credit history.