Now that summer is over it’s time to cosy up and get ready for Christmas. If you’re looking to save some extra money in time for the festive season, or even for a holiday next year, I’ve come up with 10 easy ways you can save £1,000 or more.
1. Start a side hustle…
Two years ago I invested in a converted Vauxhall Vivaro campervan. I don’t get to go away in it as often as I like, but it has been a great little money earner. Just hiring it out for Glastonbury paid for my holiday this year. Other ways to earn an extra income include pet sitting, upcycling furniture, hosting students and market research. Put all the extra income away and next year you’ll be sailing into the sunset.
2. Ditch the Saturday night takeaway…
I love an occasional takeaway but if you fork out for one every week, you could save an average of £457 a year by pledging to do without. Going one whole year without a takeaway is no mean feat – but just think about that holiday – and bikini body – you’ll have at the end!
3. Haggle over your household bills
According to consumer watchdog Which, you could save £499 a year on your household bills by haggling. If you’re not a fan of haggling (and why should you have to?) send an email to email@example.com and I’ll let you know about another option.
4. Ditch the takeaway coffee and shop bought lunches
Buying a coffee every working day and a shop bought lunch will easily set you back around £130 a month, which is £1,560 over a year. Instead, take a flask to work or make a coffee in the office and take in your own lunch.
5. Declutter and sell
When Little Miss Diva asked me for holiday spending money we had a look around the house to see what we could sell. So far we’ve sold a microphone and a few items of clothing and we’ve made just over £100. Sell them online or at a car boot sale. I’m a big fan of Facebook Marketplace as it costs you nothing and it’s really convenient because buyers are local.
6. Switch bank accounts
Quite possibly the easiest way to make £100 is by switching bank accounts and it’s so easy. A quick Google search will show you who’s offering the best deals at the moment. HSBC is giving £175 but you have to be able to pay in £1750 every month.
7. Hire out your parking space
You can get £100 each month for hiring out your parking space in Bristol depending on where you are in the city. I did this for a few years and it’s quite possibly the easiest way I’ve made £1,000.
8. Spring clean your finances
I regularly check my direct debits to see if I’m still using the services I’m paying for, particularly gym membership and TV subscription packages. It’s worth doing a complete audit to see just how much you could save.
9. Earn money while you shop
If you’re not making the most of cashback yet then you’re walking away from free money! You can earn around £500 a year. Try sites like Top Cashback and Quidco or even better get a cashback card so that you can use it every time you shop in store and online without having to think about it.
10. Let someone else do the research
Follow personal finance bloggers like myself so that you can be the first to know about all the latest local deals, discounts and free & affordable days out. It means you don’t have to do the research, because I’ve already done it for you! Broke in Bristol is on Facebook.com/brokeinbristol, Instagram.com/brokeinbristol and Twitter.com/brokeinbristol.