It’s it just crazy we’re at the beginning of March! I hope you’re having a good 2018 so far.
If you know me, or even if you read my blog, you’ll know that I’m a single parent. I have been since day one, and it isn’t the easiest thing in the world, but it’s the best thing for me at the moment. I have never known what two wages felt like though, so I don’t really know what I’ve been missing out on. So, living within my means has been a breeze for me. It was, when I was working. Not so much now. It’s harder, fending for two, and I’m at the point of trying everything to earn just a little bit more money.
Failure is no option for me, and I will try my very hardest to provide Harlow and I with the best possible life. It might take me a couple of years, but I’ll get there eventually. I’m sure of it. I’ve decided to show others who are struggling how to save money, and live comfortably.
1. Track every single one of your expenses for the month.
When you’re aware of what you need to pay out (and when) every month, you’re more than likely going to know how much you’ll have left over. I know in some cases it might be a bit difficult – if you’re self employed, or if you get paid at different times of different months – but there is always a way in saying how much you’ll roughly have left over. Write it down on paper, put it in your phone, have it somewhere where you’ll remember. I have a bullet journal, which ultimately lasts about 2/3 months, depending on how much I want to track, and that’s how I remember what I’ve paid, when it needs to be paid and what I have left to pay.
2. Always look for deals or coupons online.
If you did this for everything you purchase, guaranteed you’ll have some spare money every month. If I was to do this, I’d definitely put what I’ve saved into my savings account. That way, you can’t be tempted to grab it for something pointless.
3. Use cashback sites when shopping online.
I’ve never done this, and I keep getting told to. From people who have done it, they seem to get along great with it, and I think it can be done with food and clothes shopping.
4. Check your bills and switch if need be.
There are great websites to compare, such as Uswitch and Money Super Market. If you really look into things, you’ll probably be able to knock some money off your monthly bills.
5. Switch to supermarket brands.
I honestly LOVE supermarket brands sometimes more than top brands. Or, I just can’t tell the difference (Sorry!). The thing is, I’ve lived with barely anything, and I’ve had to buy the cheapest of things because otherwise, I would’ve ended up 6ft under, so it doesn’t bother me in the slightest.
6. Go through your things.
In 2018, I think overall, I’ve probably earned about £200 (maybe more) from selling things I no longer need, and I’m not even done yet. If you go through your things and (thanks Tracy!) really think to yourself “Have I used this within the past 6 months” and if the answer is “No”, you don’t need it. Throw it.
7. Save money!
This one is the most obvious, but the hardest. Actually saving money is tough! We end up thinking of what we want instead of things we actually need. I ended up putting odd change straight into my savings account. If I have £7.63 in my bank account, I would transfer £2.63 into my savings, and then I’d have a rounded figure of £5 left. I know people who have done the 52 week savings challenge, and they’ve loved it (especially at Christmas time!).