Saving money is an absolute pain! Every time you need to save a few pennies, it seems completely impossible. If you need to start upgrading your home, you need to magic it up out of thin air. The problem with saving money is that it isn’t hardwired into us, or to use a better term, it isn’t a habit we have developed yet. Habits are hard to make but they take a lifetime to break. So by starting on the road to better spending habits, you can save money without even realizing it! It is all about the little changes we can make, and here is a couple.
Changing The Brands
This may ring alarm bells in most people’s heads because their children or partner will only go for that one type of ketchup or washing powder. A little lesson in marketing, we are all susceptible to marketing techniques. Because we see certain brands on TV all the time, we are almost predisposed to buying that one brand. Yes, sometimes we just prefer the taste. But try this out, if your hubby only likes one brand of mayonnaise, change the labels, so it looks like the posh brand, and see if he notices. If not, you’re onto a winner, and you’ve already saved yourself some money over the year. There are also shops that sell branded items for cheap or in bulk. Or if you compromise and only buy the branded products when they are on offer, or you have a coupon, this is still a partial saving. There are plenty of coupon websites to save money if you do a search. A lot of them you can print out coupons to take instore, or you can use them as an online discount.
The Internet Is A Wealth Of Information
Sites like moneysavingexpert.com are dedicated to finding the right discounts on anything, from shopping items to the best interest rates on bank accounts. If you take the time to research, for example, what the cheapest energy supplier is on the market, for that little bit of effort you could potentially save yourself the financial equivalent of a vacation over the year. There are people who appear programmed to sniff out the best deals, and it’s because of the time they take to shop around. Going online is just an easier version, so do it!
Open Up An ISA
An Individual Savings Account is a great way to save money, because with the majority of ISA’s you cannot access it until a certain amount of time has passed; or you have to pay a fee to access it. By setting up a payment to go from your account every month you don’t need to think about it, it just goes to the account. And by setting up a small amount to go to an ISA with a good interest rate, over time, it will build up to a decent amount. Make sure you shop around for the best rates for you.