The cost of living nowadays keeps going up. After the big payday and rent and bills are paid, what is left of your salary goes to food and other necessities. So how do you save for the big vacation or the much-awaited shoe sale?
Here are some ways to live to the fullest in London and still save enough money.
Look for loose change
Loose change is the coins left in your pockets, bags, purses or even underneath the sofa. Start collecting them and put them in a jar. If you are able to collect at least 1 every week, that means you should find yourself with more than a little extra money by the end of the year that you can then put towards either something sensible, or something a little frivolous, such as getting yourself the best weapon for call to arms d2 to make your next online gaming session the best one yet.
Budget and track your expenses
You may want to keep a spending diary for a month and use it to write down the things you have bought. By doing so, you will be able to know what items can be eliminated the following month.
Look into your bills
You might not be getting the best deals for your Internet, electricity and phone bills. Check for promotions from your current supplier and compare them to competitors. Some companies offer a lower rate and they can even cover your cancellation fee.
Find an extra job
This doesn’t have to be a high-paying job. Probably something that you can do at home during your spare time. You can apply as a babysitter or you may want to start a small online business. If you want to do a job that is not too strenuous, you may want to consider teaching yoga. You can decide when and how you do it as you’ll be the teacher. If this sounds like something that may be beneficial in your life, you can check out yoga teacher training san diego courses to see what it would take and how you can work it around what you are currently doing. Who knows, it could turn into a full-time career that you look forward to.
Set a savings goal
You may either put your savings in a bank or you can utilise jars for this one. If you choose to use jars, you may want to label them based on what they are for. For example, a shopping jar for your shopping expenses, an emergency jar which can only be opened when the need arises, etc.
Review your budget
Reviewing your budget allows you to eliminate unnecessary expenses and plan for additional savings. For example, you might want to cut back on repeat purchases of disposable products and opt for a permanent alternative like safety razors instead of single use razors. Look at www.GetShaveAdvice.com for more info on this. Using a budget app can also help you manage your expenses better.
Find a roomie
If you have a spare room, you may want to consider having a roomie. It can be a friend or a relative or a workmate. This will help you minimise your household expenses thus allowing you to have spare money for other activities.
Pack lunch for work
Aside from the fact that you don’t have to spend so much on buying food from a restaurant, you can also guarantee that the food you eat is clean and healthy.
Truth be told, living in London can be expensive but there are several ways to save money and still enjoy its luxury. But just in case your budget gets too short and you need extra cash, you may consider applying for quick loans. Once you pass the initial verification, the money you borrow will be credited to your account in 24 hours. Just be responsible enough to pay your loan back or this might affect your credit rating in the future.