3 Small Changes for Big Savings

March 14, 2011 by DMT · Leave a Comment
Filed under: Debt Management 

People associate saving money with sacrifice and this is probably the main reason you haven’t done anything to this end. But there are so many options to save money which will not affect your lifestyle, in fact you probably won’t even notice the difference.

Save ££££’s a year by making your own food and bringing it to work. This allows you to plan your weekly expenses more effectively.

1. Cut down on grocery shopping. Most of us buy too much food that we end up throwing away because it begins to morph into a new life form. There was a brilliant sale on for chickens and you bought 20, but you are only shopping for yourself so what are you going to do with 20 chickens. You can only keep them in the freezer for so long before they get freezer burn so you will end up throwing most of them away. Buy in smaller quantities and you may find your food bill will drop by as much as 50%.

2. Dining out. We all need a break every now and again but that doesn’t mean you should eat out for lunch and dinner every day. Instead of buying your sandwiches for lunch or dropping by your favorite eatery every day, try making your own sandwiches at home. You don’t have to be a 5 star chef to make a sandwich. You can probably save anywhere up to £20 every week just from sandwiches.

3. Expensive TV contracts. Do you really watch £150 television channels all the time or do you find yourself going back to the same three or four channels all the time? So if you don’t watch them why are you paying for them? Change your cable plan to something more in line with your TV habits and you could save as much as £35 every month.

With these changes you can save at least £150 every month without even noticing which you can put into an investment and with compound interest in 20 years you will have £110,000. It’s amazing what you can do just by making your own sandwiches, so imagine what you can do if you make even more small changes.

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