An example of how I have started to save money and budget is with MOT/insurance/Tax:
I recently paid out tax/insurance/MOT. I divided that figure by 12 and now pay that sum into an account purely for my vehicle each month. So the theory is, when the time comes around again for the MOT/Tax/Insurance I'll have it already saved, most of it anyway.
It's the little things which make all the difference and could save you pennies, which leads into pounds. Here's a few tips I have pick up so far:
When you buy a sliced loaf of bread and leave it in your bread bin for a few days, unless you are a great bread eater, then the chances are that you may be throwing some of it away after a few days. Put the loaf into your freezer and each morning get out how many pieces you need and lay them on a clean surface to defrost. Takes about 10 minutes. I do this, then put the kettle on, get the boys breakfast and then the bread is ready for their sandwiches. You will save many loaves of bread this way.
Make sure you save any money off coupons or the supermarket rewards and use them before the expiry date.
Look out for BOGOF offers, with these i'll buy two items, one free, then save the free item in a separate cupboard then i don't have to buy that item the following week. Works for me!
If you have a credit card and you are forever forgetting to pay the monthly instalment, set up a standing order for the minimum payment required and you will at least not get charged for your payment being late!
Sharron Hinds writes:
"heres a little tip that works for me
we all know home baking is better but all the ingredients add up especially if you only need a little bit
work out how much each ingredient costs either per 100g or teaspoon etc
next time you use it put the cost in a jar
next time you need to replace something you will have enough money to buy it"