Ever caught yourself staring through the window into the pouring rain, and wondering what happened to Spring? Well instead of moping about the house, how about sitting down and working out how to save money? These tips should help you get started.
Sell Stuff You Don't Need
Go through your drawers, cupboards, wardrobes and find clothes, books, CDs, DVDs, and knick-knacks that you no longer want. Try and think of the likelihood that you'll use it in future. If it was a gift how long ago did you get it? The person who gave it to you might not even remember if it's several years later how often do you use/wear it?
Realistically, we could do without a lot of stuff if we wanted to, especially if we could make a few quid in the process. Search for similar items to see how much you might get on sites like eBay, Amazon, Gumtree, and Fatbrain.co.uk.
Review Your Life Insurance
How long has it been since you looked at your life assurance arrangements? If it's been more than 3 years it could be beneficial to review your policy and consider switching if you find a better deal. If you have recently married, divorced, had children, changed jobs, or retired, then you may find that different offers are available to you now that weren't before, and you may find you could be paying less for life insurance, mortgage protection, private medical cover or income protection. Online comparison engines will help you find the best deals.
Take Control of Your Money
A lot of people have no idea how much they spend in their day-to-day lives. Buying sandwiches and coffee at lunchtime may only be a few pounds per day, but every weekday for a year? Maybe you could pack sandwiches at home, and save enough money per week to get a better cable TV package. Or maybe not, maybe it won't save you much at all and it's not worth the effort. You can figure all this out if you have all your financial transactions in one online budget planner like Money Dashboard, and get some perspective on your spending habits.