- Transfer your debts. If your making multiple interests payments to different credit cards it will make financial sense to transfer it all onto one credit card with a zero percent balance transfer deal.
- Cancel direct debits which are unnecessary. You may be surprised at how many services or subscriptions go out of your account by direct debit every month that you don’t need or use. You can save a bunch of money by cancelling these.
- Cut your spending. If your expenses are high and can’t manage to save as much as you would like to. Try to cut back on dining out or nights out or on entertainment which are not necessary.
- Write out your shopping list of essentials so you do not overspend on picking things you do not need. Doing a weekly plan of what your going to make for breakfast, lunch, dinner and snacks in between, you will know exactly what your going to buy from the shop. Instead of not having a list of what you need will make you just overspend.
- Sell the things around you what you don’t need or use anymore. In your home you have things lying around that either you don’t need or want you can sell these for extra income. You can also gift these to someone saving you buying a present for someone.
