Money Saving Tips For 2024
Whilst we’ll remember the last year for plenty of memorable things, being the most financially prosperous year sure doesn’t make the list.
When It Comes To Broadband, Insurance And Mobile Phone Contracts, It’s Time To Sharpen Your Haggling Skills
Haggling for services such as insurance, mobile phone contracts and broadband can have you saving as much as hundreds of pounds this year. Our recent findings showed that £156 is the average annual saving that can be made by means of a bit of haggling. To get the most from a phone call to a service provider, first check price comparisons or note down an offer you’ve seen online, then make the phone call.
It’s highly likely that your current service provider will ask you of better deals you know about. When you’re able to quote these figures, it will give the impression that you are willing to move to another provider, even if you really don’t plan to. In general, you can expect your haggling experience to take as little as a few easy minutes.
Holiday Planning For 2024
If you’re planning a holiday for 2024 but haven’t yet made a reservation and are able to be flexible with dates, you could save yourself a significant amount by making use of the holiday, ‘sweet spot’. For example, you could pocket yourself a saving of £804 if you are willing to go to Miami in October rather than at the peak of the summer.
Let’s take another example. Heading to Buenos Aires in April can save you £333 against average summer costs. In addition, the city will be quieter so you’ll be able to enjoy all those amazing sights at your leisure.
Keep An Eye On Your Holiday Spending Money
By choosing an overseas spending card or credit card instead of buying currency at the airport’s Bureau de Change, you could save yourself in excess of £100 per week during your overseas holiday. Cards like Metro Bank (which comes in credit and debit), Halifax Clarity and prepaid cards like Revolut, give the best value choice for people who plan to travel within Europe.
Isas, Current Accounts And Savings Accounts
It’s time to analyse your current accounts, savings accounts and Isas. Are you receiving the best return for the money you have lodged? if the account is not delivering on value, it’s time to switch. If you have savings which you don’t need immediate access to, consider the option of investing. Of course, as well as the chance of your investment increasing, there is always the risk that it will decrease instead. That being said, with the market as it is, your cash savings currently stand the risk of being eaten up by inflation.
Save Money On Train Fares
We use the term split ticketing when we purchase multiple tickets, all of which come together to cover the entire journey. The one clause in play, is that the train has to actually stop at each station for which you have a ticket for. Since various train companies offer different prices for specific routes, you may be able to save money. In fact, you may save as much as hundreds of pounds from a standard annual ticket. Whilst rail staff can’t give you advice on split tickets, they are under obligation to sell them to you if you request them.
Make Use Of Freebie Sites
Our world is becoming a commercial hub, meaning recycling efforts, discount codes and loss leaders online are giving away a whole lot of free things. Once you know where to find such deals, you can start saving a considerable amount of cash.
For freebies of typical household items, check out our freebies. As well as saving money on items you already use, you will also have the chance to try out new things for free.
Making Use Of Coupon Sites And Voucher Sites
Some people love grocery shopping, others loathe it. Whatever boat you’re in, you’ve still got to do it! Whether you shop weekly, monthly or at random, it still has to happen. Granted, eating out every night may seem like the easier option, but your bank account won’t thank you for it.
That being said, groceries are expensive. Certainly, buying groceries tends to be a money saver in comparison to eating out, but forking out £100 at a supermarket in one go just doesn’t seem right.
Thankfully, you can make use of various resources to save on your groceries, as well as get a few free coupons.
On the site MoneySavingExpert.com, Martin Lewis, a personal finance guru, lists up to date coupons to help get that grocery bill down!
