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Home » Money Advice

Things You Could be Doing at Home to Save & Make Money

Jabran Matharu Posted On December 20, 2017
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In tough financial times, many of us are constantly looking for extra ways to save a bit of extra cash whilst perhaps looking for genuine new ways to make a bit of extra money without loads of hassle and effort.

As experts in the money-saving field, Your Money Saving have rattled together the best ideas from a number of brainstorming sessions that you can use to help save and make more cash than you currently are without stupid risks and silly inconveniences.

Consider How Much You Spend on Food – You’d be surprised at how much money you can make by making a simple shopping list and being a bit more organised. It may be seen as old-fashioned but is 100% worth doing. Statistically, an average Brit throws out nearly £500 worth of food on a yearly basis and with a simple amount of planning, preparation and discipline whilst in the supermarket, money can actually quite easily be saved. We’d also recommend visiting your local fruit and vegetable market as they are known to be much cheaper than supermarkets

Rachel recently wrote an article on how to make your Fruit and Vegetables last longer.

Sell, Sell, Sell (or lend) – Most of us are aware of popular sites on the internet that you can sell your stuff on. However, you might not realise just how popular sites like eBay are as well as the amount what you can sell nowadays on sites like eBay as well as a host of other selling or borrowing sites. Whether it be an item of clothing that you are unlikely to wear again or a fancy dress costume for last years Halloween, or useless Christmas presents that you’ve collected over the years, chances are that you’ll be able to sell all of these on the internet, allowing you to make a bit of money on the side.

Cut Down on Booze – Whether it’s going out or drinking at home, alcohol is expensive these days so cutting down slightly on a night to the pub or having an extra night a week where you don’t drink at home will end up doing wonders for your bank account. If you’re a smoker than quitting will do a whole lot for your bank account as well as your overall health.

Consider Your Gym Membership – Are you one of those people that have a gym membership but never actually end up going? If you pay £70+ a month to go to a first-class gym then it’s definitely worth considering either joining a cheaper gym or quitting the gym altogether. Exercise can easily be done at home or at your local park and buying your own equipment is a one-off payment, unlike a gym membership.

Buy Things When They are on Sale – A lot of us buy our clothes whenever there is a sale, however you shouldn’t necessarily feel the need to stop there. When buying birthday or Christmas presents, feel free to spend a bit of extra time looking for what shops have sales on. Thinking about Christmas before December and making a lot of your purchases on Black Friday on an annual basis can end up working wonders.

Stop Entering the Lottery – It may only be £2 a week but the odds are so highly stacked up against you when entering the lottery, you have to ask yourself whether it’s truly worth entering the lottery or whether it would be more sensible to enter the lottery once a month rather than on a weekly basis. Not entering the lottery at all will save you over £100 a year.

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Author

Jabran Matharu

With just over 5 years’ experience in the finance sector, Jabran has now turned his hand to blogging in his spare time, and hopes that his insider knowledge can help YMS readers make the most of their money.

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