Money Saving Tips UK 2021 - Debt free family (2023)

Looking for money saving tips in the UK 2021? We’ve got some great ways to get your savings started!

Money Saving Tips UK 2021 - Debt free family (1)

Money saving tips UK 2021

  • Track your spending – seeing the money you spend in black and white can make you think twice about where it’s going
  • Batch cook your meals – making multiples of the same meal is cost effective, time saving and can mean you reach for take outs less
  • Use money saving/making apps on your phone – you’ve got a phone anyway, why not download apps that make a little extra money, or save you money. It’s not big money, but it’s money none-the-less!
  • Skim you change – take the small change out of your purse every evening. Anything under 20p skim off the top and out into a jar. It adds up quicker than you think!
  • Swap supermarket brands – we tend to pick up the brands we’re familiar with, but it’s well worth trying the cheaper brands. You often won’t know the difference

We’ve got loads of ways here to get you saving money without really trying hard at all, and that’s got to be one of the best ways of saving, right?

The thought of saving when money’s already tight can seem a little, well…impossible, can’t it? We know we should save, but where on earth is the money going to come from?

Most of us don’t want to spend more than we need to, so by getting organised and planning ahead a little, you can make sure you’re saving as much as you can. And you won’t even have to try :)

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I’m happy to tell you that with some small (and a few bigger!) changes, it’s perfectly possible to save money, even when you’re on a low income.

How to save money UK

If you’ve got no savings right now, you’re certainly not alone (source). We’re not amazing money savers in the UK even though the Money Advice Service recommends we should all have between 3-6 months worth of expenses saved up.

A quick look at the money facts below shows how many of us are in the same boat:

  • 15% of Brits have no savings at all
  • Under 30’s are the worst with 53% having no money saved
  • 40% say a low income is the reason they don’t save at all
  • A huge two thirds of us don’t have any sort of financial plan in place

It’s NEVER to late to start saving. Even having a little put away can be the difference between being able to pay for an unexpected bill outright, or having to use a credit card to deal with it.

Best way to save money UK

Make a budget before you get paid.

Take it from me, if you have no budget and no plan in place when money’s short, you’re going to overspend. For us, the secret to being able to find money to save even when we thought there was absolutely not a spare penny, was making a strict budget a sticking to it.

Here’s my top 3 budgeting tips and ones I use all the time:

✅ Top Tip/ Get into the habit of checking your banking app frequently. Seeing your budgeting efforts working and your savings growing is really motivating :)

✔️ Budget down to ZERO before the month begins. This simply means that before you get paid, you know where every single penny of your money is going. For us, one of the ways we did this was using a cash envelope system for the food shop. Read about zero budgets here.

✔️ Know what’s important and what’s less so. It’s easy to mix up your wants from your needs. Categorise everything (housing, utilities, travel, entertainment, etc…) and decide if it’s a want or a need. It’s important to be honest with yourself. I had to accept that my gym membership was a want. Exercise is a need yes, but a gym membership? That’s a want!

✔️ After your needs, don’t be too harsh on yourself. The enthusiasm you feel at the start of a new budget when you’re determined and steadfast will fade. That’s just life. But it’ll be replaced with commitment and that’s what’ll see you through. Make sure your budget’s reasonable. For me, I still like to have a coffee, or a meal out sometimes. I could save more by not doing these things yes, but i’d also be WAY more likely to fall off the budget wagon. Make a budget you can stick to.

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Ways to save money UK

Use free money apps

Make sure you’re making the most of apps that pay you FREE money. Sounds unreal right? It’s not, I assure you! Are you gong to get rich? No, but you can make a little extra cash and it all adds up. There are apps that pay you for doing things you likely do everyday anyway, like walking.

Sweatcoin is the best known of these apps and you can download it, totally FREE, here.

Read our post about loads of apps that you can earn some extra money through. Some are tasking apps where you get paid for doing little jobs, others are reward apps. All of them take very little time and are well worth having on your phone.

Find out about FREE money apps here!

Get a slow cooker

Think this is a strange money saving tip? It’s one of the best changes we ever made when beginning our money saving journey. You can cook so many things in them, batch cook, cook for the freezer. And you can bulk out meals with beans and rice for pennies, turning one meal into many more. And as a bonus, they use very little energy.

A slow cooker is a winner all round, I use mine all the time and wouldn’t be without it.

Find some of the best priced good slow cookers here.

Make the most of loyalty card offers

If you shop in any UK supermarket, you need to get yourself a loyalty card. And if you shop in lots of different supermarkets, get a loyalty card form each one. Yes, they clog up your purse (I now keep all mine in a different card holder to my regular purse) but just by registering for them, you’ll get offers and money off vouchers sent to you.

Once a year Sainsburys hold an event where you can double your Nectar points value (read about Sainsburys Nectar double up event here), and we also have a Nectar points calculator here if you need to know the cash value of your Sainsburys Nectar points.

Track your spending

If you’re not tracking your spending, the chances of overspending increase hugely. There are a number of apps you can use to track spending. Virgin Money has a good run down of some of the better budgeting apps here.

Personally, I use a pen and paper. That’s just how I am, and this is the budget planner I use :) Ultimately it doesn’t matter how you track your spending, just that you do!

Take lunch to work

Buying lunch at work day in day out can cost a small fortune. £5 a day, 5 days a week, 48 weeks of the year…that’s a whopping £1200 annually on lunch. And probably not a great one at that. Batch cook, love your leftovers and invest on some great food prep containers. Lunch will cost you so little, it’ll almost be free.

We reviewed some meal prep containers and you can see which ones we loved here!

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Scrap the phone upgrade

Instead of upgrading just because your phone contracts expired, save yourself some big money and just switch to a SIM only plan. Depending on your contract, you can potentially save up to £50 (more in some cases) a month by not upgrading.

(Video) Budget Check In | October Week 1 | We Went Over Budget! 😬 UK Family Budget

We all like a new phone, but they cost a lot of money and when you’re trying to make savings, this is an easy one to start with. If you’ve been used to paying a phone contract, transfer the money out of your account by direct debit and you won’t even notice you’re saving.

Use restaurant discount vouchers

Although eating out is a no-no if you’re saving every last penny, if you’ve managed to include it into your budget, make sure you always use a restaurant discount voucher. Nearly all high street restaurants offer vouchers and you can find the best ones on voucher sites including VoucherCloud and Money Saving Expert.

Some restaurants offer you discount vouchers when you sign up to their newsletter, as well as sending you vouchers for free meals and drinks on your birthday.

Use your local library – there’s more than just books

Of course you can get books from your local library, but there’s quite a lot more on offer besides. You can also get audio books for both children and adults, DVDs in some libraries, use the internet, take online courses for free and use the quiet study space.

Our own local library used to hold story telling sessions for the little ones, and have book day events and organised events for the kids when they were little. Find out what your local library has to offer.

Meal plan

Making a meal plan means you know exactly what you’ll be eating, when you’re eating it and what you need to be able to make it. They make life easier, not to mention cheaper.

Meal planning allows you to go shopping without being side tracked by ‘offers’ and 2-4-1’s you don’t need and won’t use. We actually cut our food bill in half by meal planning properly, being aware of what we were eating and planning ahead.

There are other benefits to meal planning as well. Foodwaste being one of them. You’ll find you throw away less food because it’s allaccounted for and you’ve only bought what you need.

In our house, I found we started eating a lot more healthily. It’s easy to reach for fast food and the easy, and quicker things to cook when you’ve got in after a long day and need dinner fast. It’s easy to plan healthy dinner’s. And if there’s some left over for lunch the next day then even better.

Write a shopping list & don’t leave home without it

This goes hand in hand with meal planing (see above). I sit down with a few recipe books (maybe use the library!) and plan the week ahead. Sometimes I’ve seen things during the previous week I think the family would like, and other times something we’ve not had for ages takes my fancy, but I make a meal plan, make a list and then take my list shopping.

When I don’t take a list, I overspend.

Skim your change

Put an old JamJar in the kitchen and get into the habit of putting your small change in there at the end of the night. Some people do this with coppers, we do it with anything under 20p.

If you can average this out to putting 40p a day in a jar, in a year you’re going to have just under £150. That’s a fair whack for very little each day and probably not enough for you to even notice. What would you do with £150? It might just come in handy round about Christmas time!

Switching supermarket brands

I look back and am amazed at how I used to pick up branded goods in the supermarket without so much as a second thought. These days, I look at what I’m buying. So often, supermarket own brands are made in the same factory, with the same ingredients that premium brands are. Try switching out a few things each week. I f no one notices, stick with it. Some things the kids are going to complain about – most things they won’t even notice you’ve changed.

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Batch cook

Cooking a meal takes maybe 30 minutes depending what you’re making. Bulking that meal out to make double portions takes another couple of minutes. It’s a no brainer. Not only are you saving on energy costs, but you’re saving time and a heap of money. You can pack up your lunches for the week and out the rest in the freezer. Which leads to the following ⬇️

Love your leftovers

When I started using a slow cooker a lot, you very quickly learn that it’s super easy to make a meal that gives you LOADS of leftovers. And yes, you guessed it, these are perfect for lunches throughout the week. Leftovers, batch cooking…same thing and a great money saving tip.


Cancel subscription services

So many of us sign up for the free trial of some subscription and then forget to cancel it. Or cancel it too late and have to pay the first month. It’s SO frustrating and these companies must make SO much money from forgetful people like me!

Luckily, there are a few apps reviewed here, that you can use to remind you to cancel your free trials, and as of Apple i0s 13, there will be an iPhone feature that prompts you to cancel subscriptions before you delete an app.

Alternatively, you can just get into the habit of writing in your planner when you need to cancel an app. I try and do this, yet despite being so simple, I’ve failed, on more than one occasion :)

Start a savings challenge

Savings challenges are great for getting you in the habit of saving. I like to work backwards with a savings challenge and work out what I need, then see how much I need to save to get there. There are 1p challenges, £1 challenges and everything in between.

There are some great free printables online if you like to see your savings grow visually. Here are some of my favourites.

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Money Saving Tips UK 2021 - Debt free family (9)

Use price comparison websites

Comparison websites are amazing. If you’re making a big purchase, always use a comparison website to check if there are any cash-back available, and since you’re buying an item anyway, you may as well get a little cash back for it. However…always make sure the prices on the comparison links are the best around, there’s no point in paying more than you need to just to get some money back!

It’s not just purchases either, I’ve got a fair chunk of money from comparison sites from changing phone providers through them, and also for using them to renew our car insurance.

Two of the biggest are Quidoco and TopCashback, both of who are well established in their fields.

I recommend you take the money out as soon as the cash becomes available to transfer into your own account – you wouldn’t have any comeback if these sites did go down, so stay on the safe side and get don’t leave money in there.

Save any payrises

You got by before the pay rise, yes? It might have been tight, but you did it. Make saving easier for yourself and take the amount of your pay rise out of the budget and straight into savings.

Tony Robbins talks about ‘paying yourself first‘ and this is a perfect time to do that, when you’ve got a raise.

Extra money coming in can so easily be absorbed into a household budget, it takes an intentional move to out it to one side.

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Car share

So many companies offer rewards for car sharers, from premium parking nearer to the work place or some other kind of benefits, car sharing just makes sense.

There’s lots of benefits to car sharing:

  • It saves you MONEY – the average car sharer saves over £1000 annually
  • better air quality and lower carbon emissions due to reduced traffic fumes.
  • less congestion and shorter journeys due to fewercarsbeing on the road

Get a second income

Second income, side hustle, side gig, whatever you call it, you need to get one! There are so many things you can do to bring in some extra money, here are some of our posts on bringing in that extra cash whether it’s for saving or to boost your income, there’s something here for everyone!

  • Sell secondhand clothes online
  • Genuine work at home jobs
  • Jobs for stay-at-home mums if you need work to fit around your family
  • Typing jobs you can do from home

Finding the time to start a new side hustle isn’t always easy, but there are lots of things that are not too time consuming you can do in the evenings.

Make your own beauty products

Oatmeal face scrub? Brown sugar exfoliator? They’re natural, smell delicious, are free from all sorts of nasties and best of all? They literally cost pennies.

Find the recipes for these and others here!

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Switch to a 0% credit card

Switching your debts into a 0% credit card can potentially save you mega money. You will need to pay a fee for switching and you’ll need a good credit score to get the deals (the longest 0% time), but if you can get rid of the bulk of the interest payments on your debts, you’ll get yourself debt free way sooner than you otherwise could.

Do you know how credit card interest in the UK is calculated? It’s a minefield. Use this calculator here to find out how ,much your paying each month. That payment could be going straight towards your debts.

Use our Credit card interest calculator to find out how much of your monthly payment goes straight to the bank each month!

Plan free weekend entertainment

Entertainment can be costly, especially when you’ve got kids. But it doesn’t always need to be that way. With a little forward planning and organising, entertaining the kids over the weekend can actually be free! Yep, that right, FREE!

Advertisers and marketers would have us believe the only fun to be had is said for fun, but this isn’t true. Here’s out list of free entertainment:

  • London museums – if you’re within traveling distance of London, make these museums a regular event on your free entertainment list. They hold extra events for kids during school holidays as well
  • Have a movie marathon. Get some popcorn, prepare some nachos, shut the curtains and let the kids choose two or three movies. Perfect for a rainy Sunday afternoon
  • Volunteer at an animal shelter – call your local RSPCA and see if they accept volunteers for a few hours. It’s great for the kids to help out, encourages caring for animals and might become something they do on a regular basis
  • Spend a day learning how to make bread – it’s a simple skill to have but one that lasts a lifetime. Vary the breads, include some sweet breads and you’ll have some little bakers on hand for when you need them!

Looking for more thrifty ideas to save more money? Money saving superhero has some good ideas too!

Liked this post? Here are some other posts we think you might enjoy:

How much money should I save UK?

As a rule of thumb, you should have 3-6 months worth of expenses saved up.

What is the best way to save money?

The best way to save money is to create savings within your household budget. Bringing in some extra money will create a way to save if there is no spare money each month.


What are 5 tips for saving money? ›

Use these money-saving tips to generate ideas about the best ways to save money in your day-to-day life.
  • Eliminate Your Debt. ...
  • Set Savings Goals. ...
  • Pay Yourself First. ...
  • Stop Smoking. ...
  • Take a "Staycation" ...
  • Spend to Save. ...
  • Utility Savings. ...
  • Pack Your Lunch.

What is the 50 30 rule? ›

The 50/30/20 rule is an easy budgeting method that can help you to manage your money effectively, simply and sustainably. The basic rule of thumb is to divide your monthly after-tax income into three spending categories: 50% for needs, 30% for wants and 20% for savings or paying off debt.

How can a family of 5 save money? ›

Money-Saving Tips for Families
  1. Make a Family Budget Together. ...
  2. Trim Your Family's Grocery Bill. ...
  3. Never Pay Full Price on Products and Services. ...
  4. Cut Back on Subscriptions. ...
  5. Negotiate With Your Service Providers. ...
  6. Save Energy at Home. ...
  7. Buy Reusable Goods. ...
  8. Go Thrifting.
18 Jul 2022

How can I save 10k in 6 months? ›

How I Saved $10,000 in Six Months
  1. Set goals & practice visualization. ...
  2. Have an abundance mindset. ...
  3. Stop lying to yourself & making excuses. ...
  4. Cut out the excess. ...
  5. Make automatic deposits. ...
  6. Use Mint. ...
  7. Invest in long-term happiness. ...
  8. Use extra money as extra savings, not extra spending.

How can I grow my money fast? ›

  1. How to invest $1,000 to make money fast.
  2. Play the stock market.
  3. Invest in a money-making course.
  4. Trade commodities.
  5. Trade cryptocurrencies.
  6. Use peer-to-peer lending.
  7. Trade options.
  8. Flip real estate contracts.

Is saving 1000 a month good? ›

If you start saving $1000 a month at age 20 will grow to $1.6 million when you retire in 47 years. For people starting saving at that age, the monthly payments add up to $560,000: the early start combined with the estimated 4% over the years means that their investments skyrocketed nearly $1.

How much savings should I have at 40? ›

You may be starting to think about your retirement goals more seriously. By age 40, you should have saved a little over $175,000 if you're earning an average salary and follow the general guideline that you should have saved about three times your salary by that time.

What are the four walls? ›

As Dave Ramsey lists them, the four walls are food, shelter (including utilities), transportation, and basic clothing.

What are the 9 components of a family budget? ›

The following are nine crucial steps for making a family budget:
  • Bring both partners together.
  • Create goals.
  • Track income and expenses.
  • Evaluate your current situation.
  • Trim costs.
  • Build savings.
  • Get out of debt.
  • Lower your taxes.
27 Jul 2020

What is the 30 day rule? ›

With the 30 day savings rule, you defer all non-essential purchases and impulse buys for 30 days. Instead of spending your money on something you might not need, you're going to take 30 days to think about it. At the end of this 30 day period, if you still want to make that purchase, feel free to go for it.

How can I save money if I have a big family? ›

10 Surprisingly Simple Budgeting Tips for Big Families
  1. Create a Budget.
  2. Plan Things Out.
  3. Be Frugal.
  4. Always Go for the Secondhand Stuff.
  5. Always Double Check and Shop Around.
  6. Let Your Kids Entertain Themselves.
  7. Don't be afraid to share with other families.
  8. Be okay with saying “no”

How much are average household bills UK? ›

According to ONS data, the average UK household spends around £1500 a month on bills. But with the cost of living set to rise in 2022 you might be wondering where you are spending above the average. There are a few ways to save on your household and utility bills each month.

How can I live on a tight budget UK? ›

50 frugal money-saving tips
  1. Plan meals. Meal planning is essential if you want to spend less money on your food shop. ...
  2. Choose cheaper recipes. ...
  3. Make a shopping list. ...
  4. Don't shop when you're hungry. ...
  5. Visit cheaper supermarkets. ...
  6. Buy supermarket own-label products. ...
  7. Eat less meat. ...
  8. Buy in bulk – but only if you'll use it.

How can I save 1500 in 3 months? ›

To achieve the $1,500 goal, save according to today instead of a week. That means $1 for day 1, $2 for day 2, and so on. If you do this for 90 days, you can expect to have saved up to $4,186. An amount more significant than your original target.

How can I save money on a low income fast? ›

Tips to save money on a low income
  1. Save what you can. Saving as a practice is not dependent on how much you earn. ...
  2. Save first. Save first, spend later. ...
  3. Open a savings account. ...
  4. Start a budget. ...
  5. Settle debt. ...
  6. Lower housing expenses. ...
  7. Lower car expenses. ...
  8. Spend less on food.

Is 20k in savings good? ›

Is $20,000 a Good Amount of Savings? Having $20,000 in a savings account is a good starting point if you want to create a sizable emergency fund.

How can I double my money in short time? ›

Effective Ways to Double Your Money. Mutual Funds: There are various types of mutual funds. ELSS (Equity Linked Savings Scheme), equity-oriented, debt-oriented, and balanced mutual funds are a few examples. Mutual funds offer a higher rate of return than other investment options, despite the market risks.

What is a good investment right now UK? ›

A stocks and shares ISA is likely to be most suitable. That is unless you will turn 55 within 30 years, in which case a pension might be a better tax wrapper for you. If you're unsure about the time horizon, you could invest in both a pension and a stocks and shares ISA.

How much should a person save a month? ›

At least 20% of your income should go towards savings. Meanwhile, another 50% (maximum) should go toward necessities, while 30% goes toward discretionary items. This is called the 50/30/20 rule of thumb, and it provides a quick and easy way for you to budget your money.

How much money do you need to retire at age 60? ›

Age 60—seven times annual salary. Age 65—eight times annual salary.

How much should you have left over each month after bills? ›

Key Takeaways. The rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must-have or must-do. The remaining half should be split up between 20% savings and debt repayment and 30% to everything else that you might want.

What is the average person's savings UK? ›

How much does the average person have in savings UK? The average person has £12,500 in savings—half of people have more savings, and half of people have less. Savings includes current and savings accounts, ISAs, stocks, shares, bonds, trust and other financial assets.

How much savings should I have at 50 UK? ›

The average savings you should have reached by age goes up to £198,390 by the age of 50, with average savings by age 60 in the UK at around £270,100. Furthermore, the average savings by age 50 and 60 should be six and eight times your preretirement income, respectively.

How much saving should I have at 50? ›

Savings by age 50: six times your income. Savings by age 60: eight times your income. Savings by age 67: ten times your income.

What should be the first priority in a budget? ›

Identify Your "Must Pay" Expenses

This is where prioritizing, or deciding what to pay first, comes in. Paying for shelter should always be the first priority, so you continue to have a roof over your head.

What is a good personal financial position? ›

The state and stability of an individual's personal finances and financial affairs are called their financial health. Typical signs of strong financial health include a steady flow of income, rare changes in expenses, strong returns on investments, and a cash balance that is growing.

What are the three priorities in your budget? ›

How do you figure out a budget? that works for you. We recommend the 50/30/20 system, which splits your income across three major categories: 50% goes to necessities, 30% to wants and 20% to savings and debt repayment.

How can I save money daily? ›

Pay your credit card bill in full at the end of every month. This habit will keep you from paying interest that can quickly run into thousands of rupees. Buy groceries in bulk, and at wholesale rates. Plan your meals every weekly so you buy only what is necessary and there is no wastage.

How do I stop wasting money? ›

How to Stop Spending Money
  1. Know what you're spending money on. ...
  2. Make your budget work for you. ...
  3. Shop with a goal in mind. ...
  4. Stop spending money at restaurants. ...
  5. Resist sales. ...
  6. Swear off debt. ...
  7. Delay gratification. ...
  8. Challenge yourself to reach your new goals.
23 Aug 2022

What is the 30 day rule? ›

With the 30 day savings rule, you defer all non-essential purchases and impulse buys for 30 days. Instead of spending your money on something you might not need, you're going to take 30 days to think about it. At the end of this 30 day period, if you still want to make that purchase, feel free to go for it.

Should I keep cash at home? ›

“To minimize loss from inflation, it's wise to not keep too much of your emergency fund at home in physical cash. By keeping the bulk of the money in a savings account or a certificate of deposit, you can at least earn some interest on it to counteract inflation.”

How much should I be saving every month? ›

At least 20% of your income should go towards savings. Meanwhile, another 50% (maximum) should go toward necessities, while 30% goes toward discretionary items. This is called the 50/30/20 rule of thumb, and it provides a quick and easy way for you to budget your money.

Is it better to save money in cash or bank? ›

It's far better to keep your funds tucked away in an Federal Deposit Insurance Corporation-insured bank or credit union where it will earn interest and have the full protection of the FDIC. 2. You may not be protected if it is stolen or destroyed in the event of a robbery or fire.

How should a beginner budget? ›

Follow the steps below as you set up your own, personalized budget:
  1. Make a list of your values. Write down what matters to you and then put your values in order.
  2. Set your goals.
  3. Determine your income. ...
  4. Determine your expenses. ...
  5. Create your budget. ...
  6. Pay yourself first! ...
  7. Be careful with credit cards. ...
  8. Check back periodically.

How do I save without a job? ›

10 Ways to Save Money When You Are Unemployed
  1. Take Advantage of Local Resources. ...
  2. Use Alternate Transportation. ...
  3. Quit Unhealthy and Expensive Habits. ...
  4. Eat Your Meals at Home. ...
  5. Find Ways to Save on Groceries. ...
  6. Create a Realistic Spending Plan. ...
  7. Join a Support Group. ...
  8. Negotiate Reduced Rent or Mortgage Payments.

How do I save with no job? ›

Here's how to save money after losing a job:
  1. Seek Deferments. ...
  2. Connect With Local Resources. ...
  3. Look for Sales and Deals. ...
  4. Talk to Friends or Family. ...
  5. Cash in Your Credit Card Rewards. ...
  6. Ask for Lower Rates From Service Providers. ...
  7. Get a Roommate. ...
  8. Keep Track of Your Spending.
11 Oct 2021

How can I spend smarter? ›

7 ways to spend smarter
  1. Know where your money goes. Look back over your spending and categorize where your money has gone, for example on gas, home repairs, and eating out. ...
  2. Create a budget. ...
  3. Identify quick wins. ...
  4. Set up multiple accounts. ...
  5. Remember to save. ...
  6. Set up recurring payments. ...
  7. Limit credit card use.

What are the biggest wastes of money? ›

What Are the Biggest Wastes of Money?
  • Paying Additional Fees.
  • Living Beyond Your Means.
  • Always Opting for Extended Warranties.
  • Too Much Bulk Buying.
  • Routinely Choosing Convenience Over Savings.
  • Impulsive Buying.
  • Failing To Budget Your Money.
  • Not Comparing Prices Before Buying.
15 Jul 2022

How can I reduce my cost of living UK? ›

  1. Reducing your home phone and broadband bill.
  2. Get a cheaper mobile phone bill.
  3. Cutting the cost of your water bill.
  4. Cheaper gas and electricity.
  5. Are you paying too much Council Tax?
  6. Slash the cost of driving and public transport.
  7. Pay your bills on time.
  8. Find out more.

How do I cut my monthly expenses? ›

Here are a few small, easy changes you can make to start reducing your monthly expenses today:
  1. Download a personal finance app. ...
  2. Take on meal planning and cook at home. ...
  3. Use shopping lists. ...
  4. Cancel cable TV and trim entertainment costs. ...
  5. Reduce your electricity usage. ...
  6. Invest in smart home tech and save.


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