Easy and relatively quick money hacks that might help you take control of your money.
You could build a nice little sum by registering with cashback websites like topcashback.co.uk or quidco.com. Simply click on your favourite retailers and shop like you would normally do. You earn a small percentage of your purchases. It may be a small percentage but if you keep at it by the end of the year it could be a nice little sum.
If you do online banking you can set up an alert to your mobile when your balance goes under a certain limit.
If you have a credit card to make sure it’s one that earns you cash back as you use it. You have to be strict on this one but if you think you can do it use your card for everything so that you earning cash back but remember to repay in full each month so you never pay interest. ( otherwise, it’s not worth it)
I got caught out with this one on my house insurance. Insurance companies know that most of us will just automatically renew as its just so much easier. So the crafty little whatsits often push up the prices each year. So next time your renewal notice for any insurance lands on the mat doesn’t ignore it, look into swapping. I not long ago realized my monthly house insurance payment had worked its way up to being more than a whole year worth when I first joined them.
If your bank ( and I think all high street banks do) has an app get it. Learn how to use it. It is much easier to check your balance on your app than turning on the computer etc. Knowing what actually is in or not in your bank account is a good start in controlling your money.
If your finding that yet again there is too much month left at the end of your money try getting to grips with a budgeting app on your phone. So much easier to sit there whilst watching Corrie sorting out your budget than on an excel sheet or lots of paper. Apps like Account Tracker and Money Smart will help you get to grips with what you are spending where. Nothing like seeing the figures in black and white to make you realise you might not need that daily Coffeemochlatteedoda from the posh coffee shop.
This is one I really really must start….a rainy day fund. Yes, I know every day is a rainy day but instead of saying you will start saving each month.ACTUALLY DO IT. Set up a transfer monthly even if it’s a small amount. And then leave it alone.