Zyra's front page //// Advice
How To Save Money
This write-up is about various
methods of Saving Money, ie avoiding spending
money unnecessarily. To a lesser extent it's about Saving
Money in the sense of saving-up money, collecting and
stashing away money so you have a lot of it, but this latter
concept is often a consequence of the former.
Being mean and stingy with money
is an art and a virtue, and is often misquoted. The moral is: Be
mean about money but be generous to people.
In contrast to that spendthrift
Scrooge I have found that there is no need to squander money on
various things, and I have included here a few items which may be
- Buying Easter eggs just
after Easter is much cheaper than buying them just before!
Similarly Halloween stuff is best bought just after
Halloween. Xmas stuff in January etc.
- Using *411# (or equivalent) so you have a
good idea when to avoid spending too much money on the
- Comparing prices on goods
and checking how much you get for your money before
buying. It is amazing the disparity between different
places, and not necessarily what's expected.
- NOT doing silly things that
look like they are saving money when in fact they are
wasting money! For example, even if supermarkets are cheaper for some things than
the corner shop, if you add the price of a taxi it's
cheaper to go to the corner shop!
- Using ingenuity. For
example, instead of paying good money for a doorbell,
constructing something out of washing-machine electrics!
- It is possible to save
money on batteries by various means. More about this at
the page about batteries
- Buying secondhand whenever
it's reasonable. Secondhand stuff is often
disproportionately cheaper than new, and for no good
reason. Charity Shops are good!
- Examining skips and bins (best to ask permission
before scavenging). It is astonishing how much money
people throw away in the form of usable items in skips!
- Then there's the story of
the heating. An ecological local council phoned me up and
said "We can save you £174 on your heating",
so I said "OK, you can send me a cheque for £174".
More about this in the story of the free
- Various stories of maverick
miserliness in making a car run on less fuel are interesting, if you know
what you're doing with engines.
- Saving money on electricity
by knowing how much you are using. The econometer is that type of an idea.
- Fitting economy
which use less electricity.
- If you think you are paying
too much TAX, you can shop around for a different
country to live in where you get a better deal on tax.
See tax havens
More money-saving ideas on here
Money saved can be saved up and
stored in a bank account. It's a good idea to shop around to get the best
interest rate on your savings account. See Banks and Finance. However, if you take an old-fashioned approach,
there's the Bank of Mattress
You could always try Mvelopes to help with your budgeting! Also see balancing your
Check to see if you've had an
unexpected windfall at Cash Unclaimed (you might be lucky).
Also see Saving Money as in
"to save up" and to result in not being skint all the
time. See How to get Out of Debt
Don't waste stuff! Don't throw
things away! Be a Hoarder !