Saving money around the house might seem impossible if you’re currently struggling, but there are likely a handful of things that you can do to make sure you start saving more money. Whether you want to save more money so you can send your kids to classes outside of school, or whether you want to put some money into a college fund, or even if you just want some money to play with, the tips here can help you to achieve your goals. Read on for 12 smart ways to save more money around the house:
- Make Repairs ASAP
You’ve noticed a repair and you think that you’ll deal with it in a few weeks time, then a few more weeks time…and you just keep on putting it off. Most homeowners do this, but what happens? The repair gets bigger, and worse, and ends up costing even more to fix – never mind the damage that it could cause. If you have a repair that’s letting in a draught, it might not seem like a big deal, but it can mean letting out the heat and wasting a ton of money. The sooner you make repairs, the better it will be for everyone.
- Use Your Home Decor Intelligently
Your home decor should look aesthetically appealing, sure, but are you using it intelligently? For example, if you live in a cooler area, you can select decor that will help you to keep your home warm, so you don’t have to spend as much on heating the home. Bear in mind that carpet can help to keep the heat in, but it can also trap dust and allergens which can be terribly unhealthy for those in your house. Research various options.
- Come Up With Meal Plans For The Week
Coming up with meal plans for the week will help you to save time and money. No going through the freezer and coming up short, and no wasting money on things you don’t need at the supermarket. You’ll know exactly what you need to buy when you do the food shop, and how much of it.
There are a few other things you can do to save money on your meals. How about buying in bulk where possible and freezing things so you save money in the long run? Parting with this much cash in one can be tough, but think of the long term benefits. Avoid taking your kids food shopping, or going when you’re hungry. Both of these things can mean you end up spending way more than you ever intended.
- Become More Eco Friendly
Do your bit to become more eco friendly around the house, and chances are, you’ll save a fortune. Cut back on water usage by taking short showers rather than baths, and make sure you switch off the tap when you’re not using the water, like when you’re brushing your teeth. Switch to more eco friendly light bulbs, and ensure your appliances are star rated. Make sure everybody in the house is on the same page, too!
- Save Money On Your Utility Bills
Find ways to save money on your utility bills, as these are often responsible for the biggest drain in your finances. Take the time to compare energy and see if you could be getting a better deal. Don’t worry about switching, as the new company will do most of the work for you. All you have to do is find a deal that’s better for you. Check out better deals before your contract renews each year.
- Take Advantage Of Cashback Offers And Schemes
Cashback offers and schemes can help you to get more money back on things that you would have purchased anyway. Find sites that are suitable and then make your purchases through them. It can take a while, but you’ll get more money back in the long run.
- Collect Your Spare Change
Start collecting your spare change – don’t just put it on a table or in a draw to be forgotten about. Buy a huge jar and start dropping coins in there to see how much you can build up. You’d be surprised at how much you can save over time. Some people even make a pact with themselves to save certain coins no matter what, and this helps them to build up savings much faster.
- Stop Buying Name Brands
Do you buy name brands when it comes to your food and toiletries shop? Stop! Just because they are big brands doesn’t mean they are any better than cheaper brands. Often times, you’ll find that supermarket own brands are just as good or will suffice. Choose carefully what you’re going to purchase. To ease you into different brands, try swapping one or two things each week. Over time, you should save a large amount on your shopping.
- Grow Your Own Veg And Herbs
Growing your own veg and herbs is a great hobby, especially if you have kids. Not only that, you’ll always have a fresh supply to take advantage of when cooking, no need to go shopping!
- Create And Stick To A Budget
If you haven’t already, create and stick to a family budget. Make sure you know your numbers and that you come up with a realistic incomings and outgoings chart. Come up with the amount you’re going to spend on food, how much you can spend on entertainment, and anything else that’s relevant.
- Have Regular Money Meetings
Having regular money meetings with your family will ensure you’re on the same page and working towards your goals. This is especially important for you and your partner, but it’ll teach your kids good money habits too.
- Always Use Coupons And Vouchers
Don’t buy anything before you’ve looked for a coupon or a voucher. You can usually find them online. It takes a few minutes just to be sure! Also consider buying something second hand before you buy it new.