5 Frugal ways of saving money this spring

 5 Frugal ways of saving money this spring

saving money this spring

Now the Beast from the East has melted and the clocks have bounced forward … spring is here. Summer is just around the corner and now is the time to beef up your finances. The reductions in heating and lighting are a good starting point to bring down expenditure, but we have five frugal ways of saving money this spring:

  1. Zero spend challenge

Set yourself a challenge. See how long you can go without spending a penny. Dig to the back of the cupboards and defrost your leftovers. You’d be surprised how long you could last without a trip to Tesco. Explore the local parks, utilize free coupons and see how long you can endure before you have to open your wallet!

2. Saddle-up 

The nights are drawing out and there’s less chance of a storm (*touch wood.) Why not dust off your bicycle and commit to cycling to work a few days a week? You’ll save on the price of petrol, whilst getting yourself fighting fit for the forthcoming summer season. Plus you will be doing your bit to help the planet, by leaving your car at home.

3. Spring clean

How’s your social calendar looking for the bank holiday weekend? If you have spare time, it might be worth considering what household clutter may have a pricetag. I’m willing to bet that you will be able to find a few treasures in your home that will go for a price online. Particularly old phones, clothes, antiques, DVDs and toys – ‘One man’s trash is another man’s treasure!’ 

4. Profit from packed lunches

By taking a packed lunch into work each day, you could save up to £1,000 a year! The average office worker is reported to spend £2.83 a day buying their lunch. A daily lunchbox from home, full of nutritional treats would trim this cost and could offer a healthier alternative. Cutting back on weekend takeaways is another way of counting the pennies. Now the garden is bathed in sunshine, how about firing up the BBQ instead?

5. Find your lost assets

Instead of devising a plan to save cash, why not discover if you are owed money? By using monimine.com, we can search the leading financial institutions and determine if you are owed any lost assets. The unclaimed money could have originated from your bank accounts, pension policies, investments or shares.

Searching through Monimine is completely FREE and if you find any funds, they are yours to keep! So what is there to lose?

Josh Cousens – Monimine. 


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5 Foolproof ways to organise your personal finances in 2018

5 Foolproof ways to organise your personal finances in 2018

The gloom of January is almost over, and the New Year is in full swing. Have you stuck to your resolutions? After the festive expenses, have you aspired to clean up your personal finances and rebuild your bank account?

We’ve created five tried and tested techniques to give yourself some financial breathing space.

organise personal finances

1. Undergo a financial MOT

Whilst you economically recover from the nonstop spending over Christmas and New Year, you might find yourself on the sofa, rather than the pub. This is the perfect time to analyse your financial accounts and tweak any unnecessary costings.

Are you paying a direct debit you’ve forgotten about? Is your investment account performing? Do you have multiple pension policies that may benefit from being unified into one pot? Would you profit from paying more into a savings account this year?

Once the audit is complete, you may discover that you have freed up some extra money.

2. Clean the financial debris

Before you begin to save anything, it is always advisable to pay off any outstanding debts. Ignoring or neglecting your debts will only drag down your finances and create difficulty progressing.

By cleaning your financial slate, you are able to move onto planning your goals.

3. Mark your GOAL posts

By setting yourself financial goals, you will find the motivation to spend wisely and save. Targets which are built around your earnings can help to keep your wallet healthy.

Ensure the goals are realistic and not over-ambitious. This will help you to achieve your targets, stay focused and keep your personal finances in order.

If you have a particular goal in mind, such as a holiday, new car or moving house, print off a picture and stick it on the fridge. The visual reminder will help you to stay diligent in accomplishing your financial goals

4. Earn extra cash

Although it sounds obvious, earning more money means more cash to spend. Do you have anything around the house that might be of value? Any unused phones, DVD’s, CD’s, clothes, anything that could be worth something. These can be sold for reasonable prices online or at city shops.

You might fancy gaining some extra part-time employment. Another job will generate a new source of income and ease the reliance on your current role.

You even find some money making opportunities online, such as partaking in surveys.

5. Check the forecast

Setting up a rainy day fund helps to safeguard yourself for unexpected bills, fines or even loss of employment. Nobody wants to be on the receiving end of those unforeseen setbacks, but it’s always handy to have an emergency pot, just in case.

By setting aside a modest amount each moth, you will cash to fall back on.

Our secret recommendation

Our final bit of advice would be to discover whether or not you are owed any unclaimed money. Sources verify that there could be up to £77 BILLION of unclaimed funds owed to the UK citizens. Some of this cash could belong to you and you can find out for FREE at monimine.com.

Josh Cousens – Monimine. 

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How to save money on this year’s summer holiday

How to save money on this year’s summer holiday

How to save money on summer holiday

This week may have had a shadow cast over it, by gloom, grey clouds and rain. But August is traditionally the nation’s favourite time of year to flock to the sunny continent on a summer holiday. Finances can be tight, and any extra spending money never goes a miss when the holiday is around the corner. So here are five ways to save money on this year’s summer trip:

  • Exchange Rate Investigation

The devaluation of the pound has made it especially important to research where you get your holiday money. Although the minor contrasts may not seem like much in smaller figures, those numbers will start to rack up when you take out enough money for the week. Spending five minutes online, looking at the most competitive rates will bulk out your wallet/purse for the week.

  • Hand Luggage

Depending on the duration of your stay, by sticking to hand luggage you can save yourself a fortune. Squeezing your summer wardrobe into your overhead bag will prevent you spending extra storing it downstairs. When only beachwear essentials are needed, you shouldn’t have any problems sticking under the limit.

  • Activity Analysis

There is nothing worse than arriving at the gates and discovering that’s is too pricey. Another bit of prior research will give you an inkling into the costings of how much the activities will set you back. You might even stumble across some deals or money off vouchers.

  • Picnics

Everybody loves to sample the delicacies of foreign cuisine, but eating out can become costly. Enjoying a picnic on the beach, by the pool or at your favourite hillside can cut back costs. It doesn’t stop you from savouring the regional titbits. Local markets will have an array of native options on offer. What’s more is that you will be able to save money, and you will be revelling in a stunning al-fresco spot.

  • Local Transport

Ferrying around the city in taxi’s all week can be overlooked – the overall cost will soon add up. Although public transport may not be as convenient, or luxurious, it’s a much more cost-effective way of getting about. Buses, trains, trams and the rest are all genuine ways of embracing local cultures and saving a few pennies whilst you’re at it.

So now you’re all set for your holiday, and have some tricks up your sleeve to save a few extra quid.

Another way of finding some spending money is to find out whether you are entitled to any lost assets. You could be sitting on your own pot of gold and not even know it. Monimine allows you to search for unclaimed money for free – we won’t charge you a penny. Start your search today at monimine.com … you never know you could be upgrading that plane ticket to first class.

Josh Cousens – Monimine.

10 Methods Of Saving Money For The Whole Family

10 Methods Of Saving Money For The Whole Family

How to save money

The burden of living costs are a consistent headache, which inevitably become bigger when your family grows. It’s always handy to know extra ways of saving money for yourself and your household. So we’ve created a short list of 10 easy ways to save cash on your outgoings.

  • Shopping Smart

Sticking to a weekly grocery shop reduces any impulsive and unnecessary purchases. Getting everything you need in one shop will prevent the temptation of buying other treats. By meal planning, you will know exactly what you need for breakfast, lunch and dinner and won’t be swayed by the allure of a takeaway.

  • Diarising Sale Seasons

Knowing when sales are about to hit the shops is very convenient. The cheaper retail prices will allow you to fill up on items and fill your shelves until the following year. Different seasons generally tend to market sales for different items, so keep an eye out and mark them in your diary.

  • Stocking Piles

By having a reserve of items, you will undoubtedly be saving money. Stockpiling goods could be particularly worthwhile when you’re aware of the sale seasons. You will also save petrol on popping to the shop to get a full price replacement.

  • Energy Efficiency

Making minor alterations to your energy use can make major differences to your wallet. We previously spoke about a number of ingenious ways to recover money from your utility bill. See here for more info.

  • Second Hand Steals

The kids might be bugging you to buy them a new bike or a PlayStation, but you just don’t have the spare cash lying around. Buying second hand products is a lot more cost-effective, and nowadays, most things are as good as new.

  • Packing Lunch

The average worker spends £5 a day on their lunch. To put it in perspective, that’s £25 a week, £1,250 a year and an eye watering £47,500 throughout their career! Thinking ahead and taking the time to make a packed lunch will save you an absolute fortune.

  • Recycling Rewards

By recycling your old devices, you might even be able to generate a bit of extra income. Websites like Music Magpie will offer to buy your old phones, laptops, games, DVDs, CDs and any other odd things lying around the house. Although it won’t pay for your holiday to Dubai, every little helps.

  • Coupon Collecting

Coupons often appear throughout the year, and it’s well worth collecting them. With an array of discounted offers, you will be able to treat the family, but for a fraction of the cost.

  • Charity Shop Challenge

You might have a big night out right around the corner, but nothing to wear and no money to splash out? Have you ever thought to look in the charity shops? You could stumble across a hidden gem, which is certain to turn heads when you rock up at the party.

  • DIY Cleaners

A little birdy once told me a little trick to save extra pennies. By making your own cleaning products and detergents, they are cheaper than off the shelf, they don’t contain the same harsh chemicals and the finished product is just as sparkly clean.

Josh Cousens – Monimine

8 Ways To Recover Money Through Your Energy Bill

8 Ways To Recover Money Through Your Energy Bill

How to recover money from your energy bills.

Paying utility bills is an unfortunate necessity, particularly when households shell out thousands of pounds each year on their energy outgoings. Finding any ways to recover money is always going to be a bonus. With our expert money saving tips, you could knock off as much as £500 from your annual statement.

  • Lights Off

Ensuring the lights are switched off when you leave a room goes a long way to chip away at your energy bill. By using LED, energy-saving lightbulbs, you could save as much as £180 over it’s lifetime. LEDs use 90% less energy than traditional bulbs and last for a whole while longer.

  • Heat Escape

Heat has been escaping your home for decades, because of the age-old curse of the draught. Households become inclined to turn up their heating to recapture their warmth, but by addressing the issue and reducing any gaps, you can expect to save up to £50 a year.

  • Don’t Just Standby

By completely switching off your appliances and not through standby mode, most homes can save up to £30 per annum.

  • Wrap Up Warm

You have probably been hearing this one for years, but by putting on another jumper, you can keep the heating temperature sensible. By reducing your heating by just 1°C, you can cut your yearly bills by up to 10%.

  • Insulate

People can be wary of free schemes, due to their scam-like reputation. However, free loft insulation and cavity wall filler not only helps to warm your home, but we predict you could save as much as £315 from your outgoings. Researching whether you are entitled to claim any free insulation could be well worth the effort.

  • Colder Wash

By simply washing your clothes on a cooler setting at 30°C,  you could make savings of £52 a year. Occasionally using a hotter wash will help to clean your machine, but modern detergents will guarantee clean clothes on the colder setting.

  • Supplier Switch

If you haven’t changed your energy supplier in the previous three years, it’s likely you can save cash. By shopping around and using comparison sites, such as switch.which.co.uk , households can save a whopping £369.

  • Meter Read

Reading the meter and paying for what you have used allows you to avoid any complications. It is the most accurate method and unlike an estimation, you won’t be building up any credit or debit balances.

If you have any top tips of how to save cash on your energy bills, we would love to hear from you. Send us an email to josh.cousens@monimine.com.

Josh Cousens – Monimine