Great Ways to Save Money

In such a financial climate of post economic recession and mild austerity, money may seem hard to come by for many people. Certainly, those who do receive regular wages find it hard to prevent it from being depleted too soon and so, the art of saving money has become a necessity for most. The ways of saving money are about as numerous as the ways of wasting it, and here are a few tips to prevent the latter from occurring.

Saying No!

The art of saving money isn’t something that can be done half-heartedly. As such it is to be defined as a lifestyle choice and its first step is being able to say no! Being able to say no is a weapon against wasteful spending that we may need at any point of the day, any time of the year. It is in fact, the greatest weapon we have against wasteful spending.

The times we find it hardest to simply say no, are when we’re confronted with deals. Whether it’s buy-one-get-one-free, or three-for-two, you must always ask yourself whether you truly need the products on offer. If not then you’ll just be wasting your money.

Tax Refunds

It’s a sad, sad fact that thousands of businesspeople miss out on thousands of pounds each year due to failing to claim what’s rightfully and legally owed to them. Tax refunds occur when the liability is less than the taxes one has paid.

For example due to CIS tax refunds, construction workers who are self-employed in the Construction Industry Scheme can claim tax refunds on a lot of things; including meals, telephone bills, tools and clothing.

Rather than hiring an expensive accountant to discern whether you’re owed anything, there are a range of cheaper specialist teams online.

Tap Water

There’s a common belief that bottled water is superior and healthier compared to tap water. However, in many parts of the United States, this is simply a myth and not accurate. The reality is that tap water is just as good as bottled water, and it comes at a fraction of the cost.

Instead of spending your money on bottled water, you can easily access clean and safe drinking water by turning on your tap. However, it’s important to note that there are cases where tap water can be contaminated, especially if you have damaged or rusted pipes. Drinking such water can pose health risks. Therefore, before making the switch from bottled water to tap water, it’s a good idea to have your pipes inspected by Draingo Plumbing or a similar company. This can ensure that the water flowing from your tap is safe for consumption.

Packed Lunch to Work

Buying lunch at work will set you back at least a fiver a day and almost double if you’re work’s based. That’s a minimum of 25 per week for the average worker and over 1200 per year!

It’s much cheaper to instead buy your ingredients in bulk and pack your own lunch to work. It might be a hassle preparing your food in the mornings (or the night before if you’re more organised and wise) but packed lunch could save you around a grand each year.