Money Saving Tips For 2015

Savings.jpg (1)

Jan 16, 2015 by James

The period around Christmas and the New Year is, of course, a time for resolutions and fresh beginnings. For many people, 2015 will be the year in which they resolve to save money, perhaps to pay off debt or to help them buy a big-ticket item, travel the world or achieve a long-held ambition.

While saving money is a laudable aim, sometimes it is easy to overlook the simple money-saving opportunities that crop up every day. Here are a few examples of ways to save money, sometimes without even noticing.

 

Food

Most people have seen their grocery bills rocket over the past few years, which is perhaps why so many have switched to lower priced supermarkets. However, shopping cleverly is not the only way to save money on food. Other options include:

  • Eat a good, filling breakfast before leaving the house. Not only does this save the cost of buying breakfast elsewhere, those who choose slow-burn/low GI foods such as porridge will find themselves much less inclined to snack later - another way to save money.
  • Compare supermarket prices online before shopping, and choose a supermarket accordingly. While online, take a minute to search for discount vouchers.
  • Batch cook meals to maximise use of the oven (since the oven is the most fuel-expensive cooking appliance in most kitchens) - freeze whatever is not needed immediately, and it will only need a quick heat through before eating. Cooking entirely from scratch makes batch cooking an even cheaper option.
  • Use a slow cooker/crock pot. There are many 'one pot' recipes around, for everything from casseroles to jam, and slow cookers can be a very cost-efficient way to cook, being little more expensive to run than a light bulb.

 

Transport

  • Keep car tyres at the correct pressure (check them weekly) and save on petrol bills. For every two PSI that tyres are below optimum pressure, the motorist loses 1% of petrol mileage - so keeping those tyres at recommended levels can really add to the savings.
  • Even for car owners, some journeys can work out considerably cheaper by public transport, especially if there are parking costs involved, so that is an option worth researching.

 

Fuel/Energy

  • Line curtains with thermal material (available cheaply from fabric shops) or even fleece blankets, to stop heat escaping and to ward off draughts. Hanging a lined curtain in front of a draughty front or back door can really make a difference.
  • Put reflective panels behind radiators to reflect heat back into the room - this is particularly helpful if the walls are not insulated.
  • Unplug all devices when they are not in use, including 'phone and computer chargers. Devices left on standby, or even just plugged in, will often draw a charge - which costs money.
  • Cheap fleece blankets are invaluable in cold weather - great for adding an extra layer to bedclothes when the temperature drops, or for snuggling up with on the sofa. Popping a fleece blanket between the mattress and the sheet also makes a bed even cosier for chilly winter nights.