We have done every single one of these money-saving ideas, so we KNOW they work! In fact, we are saving right now for our next adventure…
1. Commit to saving
First and foremost, you have to tell yourself that you are going to do this and whole heartedly commit to it. Every time you want to buy something ask yourself “do I really need this, or do I just want it?”. You NEED to buy your weekly groceries but, you WANT a new iPhone or a pair of shoes to match your outfit or a new video game for your hand-held console.
Once you are in the right headspace, you will quickly see the pennies turn into pounds!
Even if you stopped buying your daily work coffee at £3 a pop, that will be £15 a week saved, £60 a month, £120 over two months …… see where I’m going with this? If you do buy something, translate the cost into what you could buy overseas for example, before you buy that take-away, think to yourself that for the same amount of money, you could get a night’s accommodation in South East Asia. We bought a meal in Malaysia for the equivalent of £1 per person!
Once you evaluate the cost of the little things you buy, you will think twice about purchasing a multi-pack of crisps, etc!
If you do need to buy new clothes or a book, don’t buy it new as this will cost more. A book is just as good second-hand from Amazon or eBay than brand new from Waterstones. Charity shops are a great place to buy a new outfit if you have to buy one; not only are you getting a bargain but you are helping a worthy cause. If you really want to save money on outfits, car boot sales have items for £2 or even £1.
There are plenty of websites which offer coupon deals. Groupon or Living Social have daily discounts on everything from meals to haircuts. If you need to buy a present for someone you can purchase a spa day, massage, manicure etc or maybe an experience such as afternoon tea, driving a high-performance car or flying a bird of prey. All of which you can buy at half the normal cost.
This may sound like an obvious tip but you would be surprised at the amount of people who don’t do it… money can easily get sucked into daily life if you don’t put it aside. When you open up a separate account, you can transfer the £60 a month you saved on buying your coffee, or the £25 you were going to spend on a new top. You then know that money will not be touched or spent accidentally! Set up a standing order or direct debit to transfer a set amount each month and you will quickly see your travelling fund grow!
eBay advertises that the average household has around £4,000 worth of “stuff” lying around that can be sold and wouldn’t be missed. So, get yourself up into the loft and have a look at what you are keeping “for a rainy day”, root through the shed or the garage, open up your cupboards and drawers to see if you really need the latest “gadget” you bought 5 years ago and have never used.
There are so many places you can sell things – eBay, Gumtree, Amazon, Facebook, car boot sales. If you have collector’s items, there may be specialists who will pay you good money, so why wait??
You will be surprised at how much money you will make this way.
One final tip ………. Keep a spreadsheet of everything you sell!
If you keep a tally of everything sold you will find it a great motivator as you watch the pounds adding up!! Think of it this way; if you sell a fancy dress outfit or a book for only £3.00 or £4.90, it doesn’t look like a lot – but if you add it to a spreadsheet and count it towards an overall sum, then ten items at £3.00 become £30.00, and that makes it feel more worthwhile!
Start saving …. and get travelling!!