- During what can be the most expensive time of the year, it’s important to save money where you can.
- Cutting back on the little things can add up before the sunshine comes back.
- In this blog are some of our top tips about how you can save money this winter.
The winter months can be costly for anybody – Christmas presents, work parties, New Year’s Eve - the list can go on and on. People tend to spend more time in the house in the cold weather, so add on increased heating, electric and other household bills and it can become an expensive time of year.
That’s why we’ve put together a few handy tips on how you can save money during one of the most extravagant periods of the calendar year.
Saving on your utility bills
A great way to cut down your spending over the winter months is to try and keep the cost of utility bills low.
You may have heard these tips over the years when the cold sets in - but it really is as simple as sticking on an extra jumper, closing the curtains to keep the heat in or being careful and turning the heating off when you’re not in the house or when you’re asleep.
Could you turn off the radiators in the rooms you’re not using like a spare bedroom or second lounge to avoid heating up empty rooms?
We’re not suggesting you freeze at home, but just being conscious of your usage can avoid being landed with a huge bill! Every penny can count going into the New Year, so cutting back with some small changes can go a long way.
Don’t go out on New Years
Because who really wants to pay 3 times the price for a taxi home and not being able to hear yourself think? Bars and clubs can hike up their prices for entry and drinks, taxi companies can make you pay double, or even TRIPLE the price as it’s the busiest night of the year. There’s no difference between New Year’s Eve or a random night out in March, aside from the added expense and counting down from 10 just before midnight!
Take someone up on that house party invite, invite a few friends for a night of charades and prosecco or just stay in with a bottle of wine and a takeaway. You’ll have just as good (if not better) a time with no regrets when looking at your bank account the next morning!
Hearty soups, warming stews and casseroles – just some of the great winter meals that you can start cooking in bulk now the frost is back on our doorsteps! Making meals in bulk and freezing them until you need them can help you cut back on costly last-minute trips to the local shop and takeaways.
Taking a portion into work can help you cut down the amount you spend on lunch everyday whilst in the office.
Believe it or not, but a supermarket meal deal isn’t always the cheapest option!
Use the décor you already have at Christmas
Hands up, who has it at home? That cupboard or loft space with; a broken Christmas tree box, piles and piles of tangled up fairy lights that you can’t see ever being unravelled, 7 different types of tinsel that were passed down to you by your parents? It’s might be easier (and more fun!) to go and buy a fresh set of everything but it’s certainly not as financially savvy.
On average, us Brits spent around £31 per household  on new Christmas decorations in 2017 – a whopping £764 MILLION nationwide!
£31 might not seem like much, but avoiding that cost and putting the money towards a more necessary expenditure would be better – throw on your favourite Christmas album and just spend an hour unravelling the lights you may already have (as annoying as it may be!). Once your tree is up in all it’s glory – you’ll wonder why you ever thought you needed new décor!
Plan your spending
Looking ahead to Christmas, we all know that it’s going to be here sooner than you think – so that’s why you should start planning your spending early.
From buying the turkey and trimmings for the Christmas dinner, to presents for friends and family, budgeting and getting it done early can save you from a stressful few weeks. Make a list of all the people you need to buy gifts for and write price caps and ideas early on to avoid an expensive, panic-stricken, last-minute trip to the local shopping centre on Christmas eve.
Last of all, throughout 2019, do ‘future you’ a favour and put a little aside throughout the year ready for next Christmas!