Saving money whilst wanting to live the “big city life” is super difficult, but you’d be surprised at how easy it is to save money little by little by cutting down daily luxuries you don’t even need in the first place. You might not realise it just yet but by following these 7 simple steps, you might be able to use those extra bucks to book your dream holiday or get yourself that gorgeous pair of leather boots.
1) Take the bus instead of the tube
This first tip really depends on where you live, but taking a bus instead of the tube or train can really make a difference in your daily budget. Or how about you get a bike? Just picture this, a return journey on the tube is minimum £4.20 where the bus is £3.00. So over a period of only 5 working days, you will have already saved £6 – or more, if you decide to invest in a bike (think bikini body).
2) Limit your weekly grocery shopping budget
This is one of the most common ways to waste your money: buying dinner on your way back from work. The best way to avoid this is to plan your weekly meals ahead of time and buying it all at once. That way, you won’t have as much leftover in your fridge, and you’ll be able to prepare your lunches for the next day to avoid buying it at work, but also make sure you get your fridge stocked up on veggies because we all know that you won’t be buying any courgettes and peppers at 7 pm after sweating and stressing during rush hour on the tube.
3) Check SALES weekly and never buy anything full price again
This is an easy step as all you’ve got to do is sign up to our weekly newsletter to find out about the best deals out there! That’s right, we do half of the job. You would be surprised at how much money you’ll save if you wait for your beloved items in your carts to go on sale because, as you probably already know, most of them will eventually.
4) Invite your friends for dinner at home instead of eating out
If you’re trying to save money this month, tell your friends in advance and organize a few Friday or Saturday nights of cooking at each other’s houses. You can all bring a bottle of wine and cook whatever you’re in the mood for – and you might as well try out new recipes whilst you’re at it! We would recommend having a look at BBC good food or following one of The Toasted Pine Nut’s recipes.
5) Take cash out instead of using your credit card
Using cash is one of the easiest ways to track your expenses. Let me ask you something: have you ever tapped your credit card here and there and only realized how much you’ve been spending after having a look at your online banking details? Yes, that’s the danger of paying everything by card, but if you set yourself a cash budget – it will be much easier to be smart about your money.
6) Recycle your clothes at H&M
I actually did that just last week! My boyfriend and I ordered a new wardrobe which was the perfect opportunity to get rid of all the clothes we never wear. If you remember, a while back we wrote about ethical fashion and mentioned how H&M was going down a sustainable road, offering to recycle clothes in exchange for £5 vouchers per bags. That way; you can save up for new clothes but also make space in your closet!
7) Put your gym membership on hold
Many gyms, such as Pure Gym, give you the option of putting your membership on hold if you don’t think you’ll be around to go much, but this is also an easy way to save money, especially if you know your month is going to be a busy one or are planning on being out of town a lot.
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Images: Pop Sugar