We are nearly half way through the year so it seems like a good time of year to look back on any resolutions that we made back in January. First off, I’m beside myself that we are nearly half way through the year; time is flying and it will be time to make more resolutions again before we know it! Second of all, it can be quite bad to reflect on the goals I made.
Lost a dress size? Nope.
Increased my blogging stats and social media? A little.
Saved money? YES!
I am pretty bad at saving money. I always have been. But I decided that it was about time I sorted myself out. Back in January I found a printable for a monthly savings checklist. I printed it out and have had it up in my kitchen ever since. I have fond that having something visual really helps me. I see it in the kitchen and it reminds me to put some money aside. I just use my online banking and transfer from my current account to a savings account. I have put aside over £400 already. So if I carry on at the same rate, I am hoping to have put aside £1000 by the end of the year. I know it isn’t masses but it is a great amount to have around Christmas if we need some of it.
As someone that hasn’t had much put aside before, it gives peace of mind that there is some money put aside in case of an emergency. If there is a problem with the car, or my laptop, I know I could get it fixed. My laptop is pretty much a lifeline to me in terms of work so it is important that I am always able to use it. I know that savings can quickly go as things can crop up a lot, especially with children around! So I would consider a small loan if i needed to. Only when I know I have some money coming in, though. That is another thing with freelance life – waiting on invoices to be paid! Having a little money to tide you over until payday can be a lifesaver.
Here are some other ways that should help you to puts aside some money in month:
- Switching your bank account
- There are a lot of offers for changing who you hold your main bank account with. Sometimes you can get over £100 cash, just for joining! This is the kind of money that you should then put aside.
- Apply for the marriage tax allowance
- If you are married, then you should look into the marriage tax allowance. If one of you is a stay-at-home parent or doesn’t earn a lot, you can give some of your tax-free allowance to your spouse. Meaning that they will pay a little less tax. You will have a little more each month so you can put it aside.
- Selling online
- There are a lot of selling sites that you can sell your wares. Some sites do charge you but there are others that don’t. Look up local Facebook selling groups and then you don’t have to post anything out either. Baby items and brand labels always sell well!
What are some ways that you save money? I’d love to hear what you think.