20 Extremely Quick and Easy Ways to Save Money

Written by Karen Bryan

There are many ways to save money, some more difficult and time-consuming than others. Often it’s the small, incremental lifestyle changes that provide the biggest rewards. Here are 20 of the easiest, quickest ways to save.

two piggy banks

Use Reward Credit Cards

Many leading banks offer reward accounts with up to 5% cashback on purchases in department stores, supermarkets and even petrol stations.

Buy in Bulk

Few cost saving measures are more effective than buying in bulk. Whether you’re purchasing food or cleaning products, you’ll be able to lower costs on items which will always be needed.

Compare Supermarkets

Save money on your weekly shop by using the cheapest supermarkets. Price comparison websites will show you those that have the best prices and deals.

Cancel the TV Licence

Catch-up services and on-demand television don’t require a licence. If you can forgo watching conventional TV in favour of these streaming services, you won’t need to pay that yearly charge. However, this may change.

Plan Your Meals

Wasting food is one of the quickest ways to undo all of that scrimping and saving. Avoid this by planning meals in advance and saving leftovers.

Recycle CDs, Clothes and More

From old mobile phones to unwanted clothes and DVDs, you can sell these items online and declutter the house at the same time.

Change Your Gym Membership

A yearly membership can be a drain on funds, especially if you don’t visit the gym regularly. Choose a pay-as-you-go option, allowing you to only pay when you use your gym.

Switch Energy Providers

You could save hundreds off your utility bills by switching tariffs or changing suppliers. Check comparison sites once per year to find cheaper deals.

Use Loyalty Cards

Most supermarkets offer loyalty cards which give points on every item purchased. This can be discounted from your next shop which could equate to a large discount. That’s particularly handy around Christmas time.

three loyalty cards

Grow a Herb Garden

Buying packs of herbs can be expensive but if you like to cook, they’re essential. Avoid repeat purchases by growing your own.

Swap Books

If you’re an avid bookworm, don’t make the mistake of buying new ones. There are websites which now let you swap used books for ones you haven’t read.

Book a Low-cost Holiday

Finding a cheap flight to Europe, or beyond, is now possible with flight comparison tools. Be sure to delete your browser cookies in between searches as prices can increase if you visit a website several times.

Turn Off Appliances

Leaving appliances in standby mode could be costing you as much as £86 per year. Turn all gadgets and appliances off when you’re not using them.

Install Energy-saving Tools

Money-saving gadgets will help you save on utility bills. Fit a radiator thermostat and you could cut as much as 10% off your heating bill.

Use a Slow Cooker

A slow cooker is far more economical than an oven. Aside from the lower running costs, you can cook meals in bulk with very little hassle.

Save Coupons

It may seem frugal but using coupons could reduce your weekly shop spend by as much as 20%.

Get Social

Follow all the large retailers on social media sites like Facebook and Twitter and you’ll be the first to hear of upcoming offers and sales.

Review Your Mobile Phone Contract

Have another look at your mobile phone contract? Are you getting the best plan? There are different deals out there, such as SIM only deals, and what suited you a year ago may not do so now.

Rent a Suit or Dress

Purchasing an outfit for an upcoming event is a waste, especially if it will only be worn once. Opt for online rental services which offer designer labelled clothes for a period of two to seven nights.

Learn to Say No

It can be tempting to treat ourselves but learn to say no to those things which you can’t afford or simply don’t need.

Follow these simple tips and you could be surprised at the results. A little goes a long way and you’ll be saving in no time.