Sadly, it doesn’t look like the cost of living crisis is going to be over any time soon and there’s never been a more important time to make savings. Here are 10 tried and tested money saving hacks to help stretch the budget.
Yellow sticker bargains
Thrifty shoppers swear by Yellow Sticker bargains – reduced supermarket food that is up to 80 percent cheaper because it’s nearing its shelf date.
It’s still fine to eat and can be frozen for a later date.
Morrisons worker Al Baker told Express.co.uk that the best time is usually after 7pm – although it’s best to check with local supermarkets as times differ.
Take in a lodger or a foreign language student
The Rent A Room scheme means it’s possible to earn £7,500 a year tax free. People can advertise their room on sites like Spare Room or Gumtree or they can search for local language schools near them.
READ MORE: Universal Credit: All you can claim including Healthy Start Vouchers
Abandon online shopping baskets
Some retailers will email online shoppers with a discount if they put something in an online basket and don’t proceed to the checkout.
Not every company does this – but it could be worth a try.
Get free stuff
Most companies have an app and some companies will run special offers from time to time especially if it’s a birthday. Express.co.uk recently spoke to Deepak Tailor who runs LatestFreeStuff.co.uk. Mr Tailor loves a freebie and has some great tips including setting up a separate email address when signing up to offers. (‘I love a freebie!’ Man explains how he made £1million out of his side hustle.)
Instead of paying for jobs like DIY, it might be possible to swap skills with someone in the local community.
Claim all ‘freebie’ benefits
As well as doing a benefits check, people could also qualify for help towards glasses, dental treatment and free prescriptions.
Do you have a great money saving tip to share with Express Money? Get in touch by emailing email@example.com. Unfortunately, we cannot respond to every email.