Changing Your Shopping Habits

Change your shopping habits

Stop making shopping mistakes! Here are six top tips for smart shoppers.

Number 1.
Spontaneity is all very well in action heroes but when it comes to shopping, it’s a big no-no. Plan your meals, make a list and stick to it. Supermarkets are dab hands at tempting you with tasty treats.

Number 2.
Buy in bulk. Dedicate one monthly shop to dried foods, cans and bottles. Keep your eyes peeled for mega-packs, which are usually far cheaper per hundred grams than small packs. This can save you up to 50%.

Number 3.
Offers, offers, offers! The buy-one-get-one-frees may sound like a bargain, but make sure they are actually cheaper than other brands. Beware the ‘end of the aisle’ specials, which may not be great value. The trick with these is to ask yourself one simple question – Do you really need it? Well do you?

Number 4.
Shop around! When it comes to shopping, loyalty can be overrated. You can’t rely on one single shop to sell every type of product at the best value. For your fresh weekly shop try markets, butchers and local shops, which can offer great value.

Number 5.
Throw shop etiquette to the wind and bring along a calculator. Or, use the one on your phone. Without a calculator labels can be confusing, making it nigh-on impossible to compare price per hundred grams. Premium brands of tea can be twenty times as expensive as cheap ones. So this tip can save you 95%.

Number 6.
This may sound unexpected, but don’t always buy the cheapest product. Some things cost more for good reason. Buy sausages and burgers with plenty of meat rather than fat, gristle and who-knowswhat. They’re probably better for you, cost just a little more and you don’t have to eat five of them to feel full.

This is a useful site to help you

Money Tips for Young Adults

Money Tips for Young Adults

The world may be your oyster, but money still makes the world go round. So, whilst there’s more to life than finances, getting to grips with saving cash is essential for all young adults. Whether you’re saving for a new car, trying to get the deposit for your first house, or simply want to grow your nest egg, explore our six money saving tips for millennials.

Always Prioritise Debt

Regardless of why you’re trying to save money, it’s important to realise that paying off debt needs to come first. The reason for this is that debt accrues interest whilst it remains unpaid – quite often, you’re left paying off only the fees, and your debt sits unresolved as this interest piles up.

If you’re in a situation like this, consider moving your debt to a 0% balance transfer credit card. This could cut hundreds – or even thousands – of pounds off the cost of existing borrowing, making it easier for you to rid yourself of debt itself. Once you’ve done this, you can then start saving.

Make Saving Routine

It’s easy to say you’re going to put some money into a savings account each month, but how many of us really stick to this financial pledge? Rather than just adding small amounts to your nest egg, commit to saving a set percentage of your income every month.

The amount that you can afford to save will depend on your individual circumstances – including how much you earn, any debts you may have, and your living arrangements. Don’t aim to save so much that you’ll leave yourself short for the month. Instead, figure out your monthly essential spends – such as your rent and bills – and put aside a percentage of the money which remains. Again, don’t put all of this away: budgeting isn’t an exact science, so it’s useful to keep some additional money handy in case you’ve miscalculated things!

Stay On Track

An unchecked bank account after a month of unmonitored spending can lead to a very dangerous financial situation. From phone bills to the odd coffee out, all spends add up quickly. But that paralysing cocktail of anxiety and dread as you peer at your bank balance can be easily avoided. How? Simply by staying on track.

This involves budgeting, which is useful because it helps you to stay on track of your money before you burn through it! Make a note of all incoming and outgoing cash – no matter how small the amount – so that you are aware of how much money you’ve got to work with each and every day of the month.

Plan For The Unexpected

Saving money is financially proactive but, unless you’re saving it simply to grow your nest egg, the likelihood is that you’ll spend the money once you reach your predetermined goal. Whilst doing so is acceptable (after all, if you’ve saved hard for a new TV, you want that new TV!), it’s important to understand that leaving money saved in the bank is both sensible and essential.

The reason for this is that finances, like many things in life, are unpredictable. Whether you get hit with un unexpected bill in the post or are suddenly made redundant, being left in a vulnerable financial situation can be exceptionally worrying. To help safeguard yourself against such scenarios, consider setting up an emergency fund.

This saved money will come in useful should you ever fall on hard financial times! You can still save for other things – just make sure to leave your emergency savings as a backup rather than spending them on your next luxury buy.

6 Rules for Living Frugally

Frugal Living

We humans have a knack for complicating the simplest of ideas. Our lives are filled with shortcuts that aren’t short, tips and tricks that trip us up, and helpful hints that are anything but. The same is true when it comes to frugality. Let’s scrap all the circular talk and bottom-line it. Here are the only six rules of frugal living you need to know.

1. Know Your Money

By whatever means necessary, become ridiculously well-acquainted with how much you earn, how much you spend, and where every dollar goes. It’s the foundation of frugal living. Without this baseline knowledge, successful budgeting and saving will always be out of reach.
2. Live Below Your Means

Living within your means is a great start, but living below your means is where the real magic happens. The surplus it generates is the capital for saving and investing and the fuel behind long-term wealth building. If you’re unable to run a surplus a majority of the time — either by cutting expenses or growing your income — you’ll never get ahead of the game.

3. Know the Difference Between Spending and Investing

Spending and investing might feel like the same thing, but they’re completely different animals.

Investing is the outlay of cash in exchange for a tangible asset (think job training, a primary residence, or shares in a mutual fund). Spending, on the other hand, is the outlay of cash for something that will likely depreciate in value and not provide any long-term benefit (think dinners out or a new summer wardrobe).

Being frugal doesn’t mean you always have choose investing over spending (after all, spending is part of living), but it does require that you understand the difference and know how to put your income to work a majority of the time.

4. Buy for Quality

Frugality isn’t about always buying the cheapest product; it’s about diligently seeking out the best value. Sometimes that means choosing quality over price. A pair of shoes that cost £20 might seem like a great deal, but they’re not if you have to replace them every three months. A £75 pair that will last two or three years will be a far better value in the long run.

5. Avoid Consumer Debt

Frugal folks know it: Interest on consumer debt is a tax people pay for living beyond their means. And while a credit card can save the day from time-to-time, embracing easy credit as a way to pad your lifestyle can have disastrous consequences. Interest and other charges will bleed your budget and choke your chances at real financial security.

6. Know the Difference Between a Want and a Need

As I write this, there are throngs of advertisers plotting new ways to help consumers confuse wants and needs. It’s big business. In reality, our needs are fairly straightforward (nourishing food, secure shelter, good healthcare, etc.).

But what about that self-cleaning, solar-powered, lavender-infused kitty litter box that you can control with your smartphone? What sort of primitive existence would you be reduced to without this life-changing gadget?

Let’s face it: Being able to distinguish what we want from what we need is a prerequisite for making wise buying decisions. If you can’t master this skill, your needs will be endless and your paycheck will never keep up.

Here’s the curious thing: Today, when we talk about the rules of frugal living, aren’t we really talking about basic financial literacy? It seems over the past couple of generations, common fiscal sense has been reframed as an extreme lifestyle. Maybe it’s time to change the conversation about saving and managing money — and make frugal living a far more fundamental skill.

Top Money Saving Tips

How To Save Some Money Easily

A few small changes could lead to more pounds in your purse
Tired of being told to bring lunch to work or to cut out the morning coffee to save cash? It’s fair to say that some of “ingenious” money-saving tips can be a little bit, well, patronising.
But when Nectar ran a competition to find Britain’s savviest families, some of the ideas that surfaced were genuinely creative – albeit, not for everyone.
Eight finalist families were tasked with writing a money-saving blog over the course of six weeks before the loyalty points provider picked the Staniforth family from Leeds as winners. You can check out their blog here.
Here are some of the best cash-saving tips gleaned from the finalist families:
Order a ‘Weekend Box’ for free at using a free code which you can easily find online. Delivered fortnightly, this is a box with four great ideas for kids in – something to cook, something to make, something to explore and something green. They contain almost everything you need (apart from things you will commonly find in your cupboard) and provide great entertainment for a quiet moment over the weekend.
1. LEGO has two kids magazines that are completely free. Arriving several times a year, they are packed with cartoons, model plans and competitions perfect for any young engineer. And with different editions to suit your child’s needs, it really is a great freebie. Sign up here.
2. Let the shower races begin! Armed with a towel and sand timer we all race to have the quickest shower. Check out Soap and Glory’s 2 minute rinse campaign for more tips on shorter showers and a chance to win prizes too.
3. Did you know that any child who has had an achievement of some sort can apply for a Blue Peter Badge? With it they get free admission into a huge number of attractions. I’m sure most children have done something amazing that has made their parents proud so why not apply.
4. With Nectar points you can get an annual Merlin pass for some guaranteed fun days out at fantastic attractions like Madame Tussauds, Chessington World of Adventures, SEALIFE and Legoland. In fact, a huge number of the UK’s most famous attractions are included.
5. Make sure you keep hold of old books and magazines to make your own bunting. Then you have bunting to tie-in with your kid’s favourite theme, whether it’s Moshi Monsters, pirates or Peppa Pig.
6. Try using up the ends of rolls of wall paper or unwanted samples by re-purposing as wrapping paper. It’s thicker than wrapping paper and gives a really nice quality look to gifts – why not add a bit of ribbon at only 7p a meter from the market too? Left over lining paper is great too, for anything from kids’ craft to making sewing patterns.
8. Mobile phones and printer cartridges can be pretty high value items for charities, so don’t ever bin them. Sainsbury’s has a special recycling scheme where they fetch at least 50p each, so that’s a £3 donation without having to open your wallet.

9. Have a weekly ‘no spend day’ and you’ll find it makes a huge difference to the way you manage your weekly budget. Try cooking bread overnight in the bread maker that you can use for lunchtime sandwiches, and then cook from the cupboard for tea. Any purchases have to be deferred, but you’ll find that a little thinking space makes you realise that you don’t need it, you just want it – especially when it comes to sweet treats!

10. Check out your local council website to see whether there is a recycle/reward scheme in progress Some councils put aside money for every extra tonne recycled, and then ask residents to bid on that pot of money for local projects. It’s a great idea that’s also really beneficial for the whole community.
11. There is always a park or a footpath near to you where you can enjoy a lovely day out for free. Use the internet to search for footpaths in your local area.
12. Consider DIY before paying someone else to do some work for you. Search the internet for video tutorials, and then buy everything you need online too – you’ll make some great savings using eSpare and eBay.
13. Grate the whole block of cheese and put it in the freezer, just using it as and when you require. No need to defrost either, it melts in no time, and grated cheese goes much further too.
14. Check out your local Children’s Centres. They’re a really under recognised resource for parents and young children, throwing lots of free community events throughout the year.
15. When having your car serviced, always ask for a breakdown of the labour charge you are quoted. All garages should follow what is called ‘book time’ or ‘flat rate billing’ meaning that if the book states a repair requires two hours labour the garage can’t charge you for three hours. The stated repair time for the brakes on my car is 40 mins, so as labour is usually billed in half-hour blocks, I would query if the labour was higher than one hour.
16. Create your own free recipe collection; it’s easy to make by using a free app called ziplist. Most times when you are browsing the internet for recipes, there will often be an option on the page which states “add to ziplist” which will then store the recipe in your app. This also gives you the function to add ingredients from the recipes to a shopping list to make it handy for when you’re at the supermarket. On a weekly basis you also receive the top 10-12 recipes that other users have saved via email.
17. Blend lemon rinds with water to form a smooth liquid and then added to a recycled container and diluted with water to fill the container. This makes a fab and fresh cleaning solution to clean your wheelie bins, the fridge etc., or to add to bicarbonate-of-soda for a homemade cleaning scrub.

18. Use toothpaste on plastic headlights when they go a foggy/misty yellow in colour and it will revive them.

19. Grind chicken bones into a fine powder as a great free addition to compost.
20. Instead of letting all the water disappear down the plug hole after a bath, have a bucket handy and decant some bath water to use to flush the toilet – instantly reducing water usage.
21. Use a Terramundi Pot – a money savings pot where the only way to access your money is to smash the pot. Feed the pot with your first coin and then continue to feed until the pot is full, then you can treat yourself to something nice and you’re not tempted to dip in before the collection has built up.
22. Always put an empty water bottle in your hand luggage when you’re packing, as you can get water free at the airport that means you can have a drink on the plane for no cost.
23. If you’re getting married or want a memento from a party you’re throwing, whether it’s a birthday or christening, try contacting local colleges that run wedding photography courses where students are coming to the end of the course. Ask any students wish to do your photos for free so that they can use the photos to build their portfolio. They’ll often do this in return for a party invite and good food.
24. Make a phone speaker out of a simple toilet roll by placing a slit in the top and popping your phone inside. Decorate and you have a quick and easy speaker – no batteries or electricity required.

25. Try making your own baby wipes. Container: Old ice cream containers [no cost] Cloth wipes: Cut from outgrown baby vests and t-shirts [no cost] Baby wipe solution holder: A (thoroughly cleaned out) old cleaning spray bottle [no cost] Baby wipes solution recipe: 500ml of cooled boiled water, 1 tbsp of baby wash, 1 tbsp of oil (almond, olive or baby oil would do), 1 tbsp of aloe vera gel. Add everything to the cooled boiled water, give it a little mix and the solution lasts for a few days if kept in the fridge. When you want to make up a box of wipes, pour the solution into your box of dry cloths and leave it a while to give the solution a chance to soak through each cloth.

26. Many charities working with the homeless run a furniture recycling scheme. They pick up your furniture (for free) and either pass it on to someone who needs it, or sell the item with the proceeds going back into the scheme. This is a great way to pass on larger items of furniture you no longer need.
27. Try geocaching for a great day out – it’s the modern day treasure hunt, and it’s absolutely free. You can join at and the website is full of information with everything you need to get started. Get the children involved to make geocache treasure and use it as a sneaky way of decluttering toy boxes. Foreign coins, fridge magnets, pens, pencils, small figures and toy cars are just a few examples of potential ‘treasure’.
28. World of Golf provides free beginner lessons and you don’t need to have your own set of golf clubs. You can enjoy a round of golf for £10 or less, and remember to choose off-peak times to get the cheapest price.
29. Swap children’s clothes with friends – you’re never going to use those outgrown clothes so swap and exchange with a family who have children who will fit.
30. When unpacking your food shop, use the “First In, First Out” rule. Arrange all your grocery products in order of use by date to avoid any food going off and optimise the freshness. You’re more likely then to use all the fresh food before it becomes spoilt and it’s also a great way to organise your meals and ingredients.
31. Buy second-hand board games from the local charity shop for 50p – £1 each! Why not swap them with friends too, so that you can get a selection of different games.32. When selling on eBay, the best time for your auction to end is a Sunday evening around 7-8pm. However, remember to check the TV schedule to be sure there’s nothing of interest to distract potential bidders around your auction ending time.
33. If you apply for Days Out tickets that you later find you cannot use, Facebook has a number of ‘swap’ groups where you can swap your tickets for something you could use.

34. Set a budget for your food shop and take cash only so you’re not tempted to over spend whilst shopping. Always check that what is in your trolley is a ‘need’ rather than a ‘want’.
35. If you are a British Gas customer, ensure you have an Energy Smart Thermostat controlled unit installed. This enables you to control the temperature of your home whilst out and about, via an app. Savings of around £9 can be made per month by using this device, as well as the convenience of turning on heating so it’s ready for when you get home. If you forget to switch it off, you can do this when you’re out and about.
36. Create a ‘lucky dip’ activity box for the kids by writing down an activity and short instruction for the children to do on a folded piece of card, then let the children choose a card. Some great activities to include are plant rubbings (the children use the garden to collect up the leaves or even something they have found), making a fruity desert using two ingredients, playing a board game (get games from the local charity shop for 50p – £1 each and then swap with friends to keep your collection fresh), story time (the children choose a book each and grab a comfy blanket and sit and read as a family), and treasure hunts (leave no more than five clues around the house, when the children find them all, there is a sweet treat waiting for them at the end!).
37. We have a group of friends who have children a little older than ours and they always pass us clothes that they have finished with. We hardly ever pay full price on clothes, always doing our research on how to get an item of clothing cheaper elsewhere. We use eBay a lot, as there are so many bargains to be had, plus collecting Nectar points is a huge benefit.
38. Always use carrier bags for bedroom and bathroom bins, rather than paying out for bin liners.