How To Save Money More Quickly

It is the time of year when money seems to be on everybody’s mind. Whether that’s because the darker months mean spending more or whether the holidays are quickly approaching, but money is not far from thought at any point. I am exactly the same! We have a lot of family birthdays in December and Christmas to factor in too. If I was more organised and had my sinking funds ready (more on that in another post!) then perhaps it wouldn’t be so obvious. But, it’s a fact that money this month and next has to stretch a lot further than normal.

 

So, I’ve been thinking about the ways in which I could save money more quickly. Saving money, even in the short term, so that it can be re-directed to where it needs to go.

 

Meal plan.

I’ve written extensively about how I am a big fan of meal planning. It helps us save a lot of money and reduce our food waste to virtually zero. In fact, I’ve written a whole course around the subject! But, meal planning and using what you already have can save a massive amount of money. Looking in the kitchen cupboard and using items from your stockpile can really reduce the amount of money spend on the food shop each week. See how long you could go without having to go to the shops to buy food – I bet it would be a surprise!

 

Side hustle.

Now, I’m not saying this is a good thing for everyone, but you have some marketable skills, then having a side hustle can be a good thing. In fact, it can be a very quick way of getting some money into savings. This obviously has to be balanced with work and home life, and down time, but a side hustle can make a lot of money. Depending on what you could offer, you could save money very quickly! For example, photography is a great skill and can earn some fantastic money on the side. There are so many options you could offer people! Dog walking, pet sitting, transcribing; the possibilities are endless.

 

Sell things you no longer need.

Especially at this time of year, selling things you no longer need can quickly bump up your savings. Plus, people are more likely to spend at this time of year as they are also looking for a bargain! Have a look around your house and see if you can find 10 things that you no longer need or use. Then sell these on places like eBay, or Facebook Marketplace. We have made hundreds of pounds by selling things we no longer needed. Plus, you are decluttering your home too which is a not a bad thing either!

 

Automate everything.

This relates to bills and anything which requires a monthly payment. Automate these where possible; set up a direct debit or standing order and then you don’t have to worry about it. Even automate your savings if you can! Set it up so your savings are transferred across on payday. By automating everything, you will not accidentally forget to pay something and then get charged a late fee.

 

Monthly challenges.

Setting yourself monthly challenges can be really motivating and can also help you save money more quickly. I love setting myself monthly aims plus I do regular challenges to keep myself motivated. Things like the No Spend Challenge, or not eating out, or only using cash for purchases. Anything that can help you to be more mindful of your spending. I love the NSD challenge, though I know it doesn’t work for everyone. Maybe you could save a £1 a day and put it into a sealed tin. Or, take your lunch to work everyday! There are so many to choose from 🙂 definitely a great way to save money more quickly.

 

So, I hope these help you to save money more quickly, especially with the holidays coming round the corner. I know I’ll be doing these in the next few weeks as we enter the busy period. Don’t get me wrong, I love this time of year and I love the festivities but it can be expensive. Even if you think you’re being restrained, it can soon add up. So, hopefully with these tips, you can save money more money!

 

What else would you add? Leave a comment below!

 

Follow me on:

Facebook | Twitter | Instagram | Pinterest

 

PIN FOR LATER: