What's your method of saving money?

rbrtmcrthr

I have started trying to save money, so to do this I'm driving as economically as I can. Our car has Cruise Control, and I live 30 miles from my work. So, by doing 58mph @ 2500rpm I am getting a much higher MPG than when I used to drive @ 70mph. I would say it is totally worth it because instead of filling my car every 4-5 days, it is only needing it 5-7 days (depending on how many short trips I make after work each day)

atush

I save by basically spending less than my income.

As for money saving techniques, I buy used cars, some used other items, I use cashback CCs instead of cash/debit cards, use cashback websites, buy basics as cheaply as possible, and batch cook, buy reduced items.

kidmugsy

Shop at Aldi.

No more han one glass a day.

jimjames

atush wrote: »

I save by basically spending less than my income.

As for money saving techniques, I buy used cars, some used other items, I use cashback CCs instead of cash/debit cards, use cashback websites, buy basics as cheaply as possible, and batch cook, buy reduced items.

Same here. Simple techniques but worth doing. The absolutely critical one is your first line. Even for people on very high earnings it is amazing how easily tripped up they are by spending more than they have.

Car is 10 years old, 190k miles and just passed 4th MOT since we had it with no issues at all. Friends with new/newer cars seem to have far more problems.

Shopping around for fuel is also worthwhile. In our area the difference can be as high as 15p per litre. For someone doing 12,000 miles a year just buying fuel from the cheaper garage is £200 in your pocket. And cheapest isn't necessarily rubbish fuel, our cheapest is Esso, as is the most expensive.

rbrtmcrthr

I work and shop in Tesco. Make the most of my 10% discount. Only thing is it doesnt work for fuel which is my major outgoing.

A_Flock_Of_Sheep

My method of saving money is not spending it.

Plus I knit my own clothes and get my wellies from clothing banks.

vectistim

kidmugsy wrote: »

Shop at Aldi.

I tried Aldi on Saturday, as I had to go somewhere nearby - too expensive for me compared to my normal pick and choose between Lidl, Morrissons and Tescos.

grizzly1911

A_Flock_Of_Sheep wrote: »

My method of saving money is not spending it.

Plus I knit my own clothes and get my wellies from clothing banks.

Hope you use real wool none of this acrylic stuff.

grizzly1911

vectistim wrote: »

I tried Aldi on Saturday, as I had to go somewhere nearby - too expensive for me compared to my normal pick and choose between Lidl, Morrissons and Tescos.

We live in a reasonably affluent area and it surprising the number of contacts that are all piling into Aldi. So much so they have just increased the car park by close to 10% and it is regularly full with expensive metal.

I am sure if you are willing to trawl round and pick up individual stuff and odd bargains you can do it for similar. On a regular basket of goods I would be surprised if I could do it cheaper elsewhere.

The other good thing is they don't have all the tempting premium extras you don't really need.

grizzly1911

jimjames wrote: »

Same here. Simple techniques but worth doing. The absolutely critical one is your first line. Even for people on very high earnings it is amazing how easily tripped up they are by spending more than they have.

Car is 10 years old, 190k miles and just passed 4th MOT since we had it with no issues at all. Friends with new/newer cars seem to have far more problems.

Shopping around for fuel is also worthwhile. In our area the difference can be as high as 15p per litre. For someone doing 12,000 miles a year just buying fuel from the cheaper garage is £200 in your pocket. And cheapest isn't necessarily rubbish fuel, our cheapest is Esso, as is the most expensive.

Same here virtually, cars are younger but hopefully won't be when they go.Luckily they are both relatively low VED brackets for their size, the one Achilles heel of older cars.

As well as not overspending, or spending inefficiently always making an effort to save something, at all times, even if it doesn't seem worth it at crisis times.

It surprising how many people get into their 50s and still have net zeroish even though they have had a good career.

atush

Our cars are the OH has an audi that is 13 yrs old, I have a Santa Fe that is 9 lol.

the boys share a 2006 peugeot.

People shopping in Aldi with Mecedes don't just get it. No mercedes means you can afford Tesco and M&S dine in for 10 deals plus the odd trip to a fishmonger lol.