The start of the year can sometimes be a struggle for many of us. The after effects of Christmas and new year have worn off and we are all counting our purse strings. With the help of Saga and their #SagaPlanYourYear campaign I decided I was going to try to save as much as I can this year. No more quick stops at the local shop and no more giving in to the boys when they ask for sweets. This time I was going to go back to meal planning, writing and sticking to a budget and trying to save more. We are never going to be home owners if we spend all our savings.
Inspired by “New year New you” mind-set January has, Saga wanted me to have a think about how I could become more financially savvy and how you can be too! Saga offer a range of services (for the over 55’s) from insurances to equity release. So if you are looking at releasing funds from your home Saga can make that really easy for you. The Equity release could come at a time when you are thinking of home improvements? Or maybe take that once in a lifetime holiday? Remember it is always best to consult a financial advisor though!
By using the tools provided by Saga I am able to help keep track of my spending really easily. The meal planner fridge magnet is fantastic at reminding everybody what we are having to eat this week and the boys loved filling in the spaces.
Here are my Top Tips to help save money
Keep track of your incoming and outgoings – If you can set all your direct debits/standing orders to be deducted on the same time each month then it will be easier to keep track of what is left. If not then just write down on a calendar which day the bills are due. You are then able to work out how much you have left to either spend or save.
Ask for receipts – To help keep track of your spending whenever you buy always ask for a receipt. You can then keep track of all those little trips to the shops. You may get the shock of a lifetime when you realise just how much you spend on Coffee each month.
Meal Plan – Not only does it ensure no food wastage but also helps to keep your finances on track too. Meal planning is such a huge part of becoming financially savvy and it is often overlooked. It doesn’t mean you need to go without your favourite foods but being aware of what you already own. Planning around what is stored in your cupboards helps to keep food costs down.
Shop around – From groceries to utilities you can save money on most things just by shopping around. Going down a brand whilst shopping will help save you money on food.
Everything can pretty much save you money. Shopping around for your car insurance could save you hundreds of pounds a year. Gas and electric can both be switched really easy too.
*We were sent some tools to help us plan our budgets, but received no payment for the post. Views and photos are my own*