How to have more money

7 DONT’s; Never do these if you want to have money

Posted on May 29, 2017

These are these 7 actions you should never do if you want to have more money. By avoiding these you will start seeing more money in your pocket and you can save £1000s yearly.

  • Pay mobile bills more than £20 per month.

You can buy mobiles very cheaply these days and paying more than £20 per month proves that you have not really researched the market. Even if you want to buy the latest models of I-phones or Galaxy you can still buy then at the low cost. Make sure that you actually know what you want.  How much data do you need, how many minutes do you need and what features are really important for you. Once you know this, do the research and make sure that you always have at least three best choices left on your list. From this short list choose the first option and start negotiating if you can.  do this with option 2 and three and see which is the best offer.

  • Pay car insurance monthly

Paying monthly for your car insurance is always more expensive by at least 20%. If you really do not have cash to pay the annual premium use your credit card with the extended payment terms if there is no fee for doing it. You can also use your credit card with the extensive payment terms for your day to day shopping to generate cash for paying the annual insurance in one payment. Use this cash to pay for the annual premium. To visualize this make sure that you can visually see what can be bought for the amount of money you can actually save.

  • Pay for mobiles insurance

You should not really paying the insurance additionally. There is so many bank accounts, credit cards with additional perks such as mobile insurance, breakdown cover etc. that you should not even contemplate buying special insurance.

  • Don’t check prices online

Every single purchase you make should be verified online. This tip will save you £1000s every year. always check the prices even if it is after you make a purchase. this will make you aware of the extend of offers which are available online. This will also open the door of the market. If you never have done it you will be genuinely shocked how much savings is online.

  • Don’t use websites like Quidco

Websites like Quidco, topCashback etc are becoming very popular. You can check more about it on these posts.

  • Pay for electricity and gas more than £1000 per year

There is always a better deal for your energy. You can switch your energy provider very conveniently and online. It does not cost and it is very well regulated. It takes a few clicks and this tutorial explains simply how to do it.

  • Buy petrol on motorway services

Petrol and diesel at motorway services will cost you by average 20% more  than on regular streets. If you are driving the motorway and run out always fill it for £10 or £20 and when you exit the motorway fill it up. Motorway services are extremely convenient but you have to pay for this convenience.



Supermarket savings tricks: 9 ways to save on supermarket shopping

Posted on April 26, 2017

this is the very old but evergreen list of supermarket money savings tricks. It seems like supermarkets are using similar tricks as they used decades ago therefore the money savings tricks are similar too.

  1. Never shop when you are hungry.

    It is the common knowledge that Supermarket will exploits your weaknesses and bad habits and they reveal themselves when we are tired or hungry so make sure that you always go shopping after the good and tasty meal and after the good sleep so you are not tires. I would always promote online shopping and stop it anytime you are getting tired.

  2. Shop at the right time

    This is true for online and in store shopping however it is mostly for in store shopping. The best times are the times just before closing however it does depend on the store. I found that a few hours before closing smaller stores reduce prices and supermarkets might work differently. Ninja’s Mum research from last year shows that price reduction vary per store chain and looks like this: (be aware that these patterns are changing so make your own research).

    1. ASDA 6-10am and at 7.30
    2. Co-op around 4pm
    3. Tesco – 7 pm
    4. Sainsbury 7pm
  3. Plan your meals

    It is sad but making the list will save you ton’s of money. Make the list of meals for the week and shop accordingly. It is no fun but you will have more money.

  4. Try other brands to see if you like it and how much money they are worth.

    Many people are brand loyal and they are being systematically exploited by the brands to which they are loyal to.

  5. Use your loyalty cards

    Squeeze them as much as you can, make points, vouchers and coupons. Make sure that they save you money as they are generally design to take your money

  6. Make sure you are not a victim of special offers

    Special offers such as: Buy 1 get 1 free, buy 3 for 2 etc are great as long as you understand the cost of them. They are certainly the big value if:

    1. You can use them
    2. You want them
    3. The unit cost is cheaper than when you buy just one item
  7. Don’t waste food

  8. Buy what you need, pay and get out

    Supermarket marketing experts are experts in human psychology and they know human nature. they are specialist and they know how to get your money. Buy what you need and get out

  9. Get the amount of cash you plan to spend and leave debit and credit cards at home

    This will ensure that you will not spend more money than you planned. It is a very effective technique and you will see results very quickly. It will obviously not work when shopping online


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