With household income squeezed more than ever before, most of want to cut back on our spending, but just don’t know where to start.
It doesn’t have to be a complex task, in fact you can do it just five simple steps.
Here are five simple steps everyone can take today to cut back on their household spending to put some extra pounds back into your pocket and boost savings.
1) Meal plan
If you’re still going to the shops almost every day, then it’s time to put a stop to it. A daily visit is inevitably going to cost you more than one, well- planned, weekly shop. But the only real way to avoid a daily trip to the supermarket is to meal plan.
Simply make a list of your main meals for each day and buy accordingly. Meal planning saves you time and money.
Why not stick your meal plan on a mini wipeboard and chalkboard in your kitchen and get the whole family involved
2) Make a shopping list
Every time you go shopping, go with a shopping list and then stick to it. If it’s not on your list, do not buy it.
If you can’t resist the so-called special deals (which aren’t all that great anyway) then do your shopping online, that way you won’t be drawn into to aisles full of half-price things that you didn’t need.
3) Check your cupboards
Ever ended up with three bags of flour, more carrots than you can eat, and doubled up on fruit? Yep, we’ve all done it – buy things and then only to find we already have the items in the cupboard or fridge still waiting to be used.
So, before you do any shopping, take stock of what’s in your cupboards first, that way you wont spend on unnecessary bits.
4) Get the apps
Ok, if you have a smart phone and don’t have money saving apps, then do you even have a smart phone?
I’m a great fan of Shopmium and Checkoutsmart – both give you money off and even freebies.
If you enter the code KFGKYCKX you can get a free Lindt chocolate. Yum!
By the way, as we are approaching Christmas, why not take advantage of the freebies to build yourself a food bank parcel to go to your local food bank – just because you don’t want or need the freebie offered by these apps, someone somewhere will need it.
If you’re not sure about what to donate, here’s a list by the Trussell Trust, which runs the majority of food banks in the UK.
5) Sell buy and use buy dates
Finally, if you don’t know the difference between your sell by date and use by date, then get to know it as you are probably the throwing away food unnecessarily, which isn’t good for your bank account or the environment.
Use by – this is the important one. Don’t eat the food past its use by date, even if it looks and smells good, it might still make you ill. You usually find use by dates on products such as meat, fish or dairy.
Remember, if you are not going to eat the food in time, then you can always freeze it to make it last longer. Make sure you freeze it before the use by date and store it as airtight as possible, using freezer bags.
Sell by (or best before) – food past this date is safe to eat but may not be at the same quality past this date. You usually find best-before dates on frozen or tinned food.
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