How to save money at home: simple saving tips and budgeting tips 

We all love a good bargain and knowing how to shop smart – whether you’ve trudged around the charity shops for hours trying on everything from cowboy hats to ski boots, or simply love spotting a good deal in the supermarket (the only remaining evidence of those half-price cookies is that suspicious, chocolatey grin and trail of cookie-coloured crumbs down your trousers). 

It’s not just satisfying; stretching your money further means you can provide more for your loved ones, make the most out of your income, and even set aside savings. Read this guide to explore top money-saving tips and budgeting tips that are simple, practical, and applicable every day! 

1. Budgeting tips: master your household budget

The first step to saving money is understanding where it’s going. Creating a household budget to track your income and expenditures could be helpful! It’s one of the most effective budgeting tips to ensure you know exactly how much you’re spending on household expenses and where you can cut back. There are various ways to save money at home, and it all starts with a clear and detailed budget. Y

2. Saving tips: shop smart and save big

Knowing how to shop smart can go a long way! Shopping smart is all about being aware and making informed choices. It could mean comparing prices before making a purchase, looking out for sales, or using coupons. You can also consider buying family packs or in bulk for items you use frequently, like kitchen roll. 

Sometimes, favouring high-quality items can also help you save money in the long run. Flexisheets kitchen roll, for example, is tough and absorbent, so you need fewer sheets to get the job done. And with more perforations on each sheet, you get to choose what you use. 

Whether it’s pawprints perfectly cast in fresh-from-the-garden mud leading straight to where the treats are stashed, or the bleary-eyed splash of that much-needed morning coffee that missed your mouth, you’ll always have the perfect amount of kitchen roll. It’s no wonder Flexisheets won 2024 Product of the Year.* These simple ways to save money can significantly reduce your spending without much effort.

3. Household tips to save money: cut down on energy costs

One of the most effective ways to save money at home is by managing energy consumption. Reducing the energy that you consume at home could significantly lower your energy bill, and help you save money.¹ Simple household tips to save money include turning off lights when not in use, unplugging electronic devices, and buying energy-efficient appliances. These small yet impactful actions are easy to turn into habits and help save money.

4. Saving ideas: spend less on groceries and reduce food waste

A considerable portion of household expenses go towards groceries. Groceries are – of course – a necessity to provide for your loved ones, but it’s still possible to save on them! To save on groceries, you can consider planning your meals, making a shopping list, and avoiding impulse buys. You can read our article on how to spend less on groceries for more saving tips!  

Another way to reduce household expenses is to be mindful of food waste. Buying only what you need helps to reduce unnecessary spending, and leftovers can be repurposed into new meals: discover some creative ways to use food leftovers in our dedicated article. These are great saving ideas that not only help your wallet but also contribute towards sustainable living by reducing food waste. With this in mind, you can provide more for your loved ones, with less!  

5. How to save money at home: embrace the DIY trend

Do-it-yourself projects, or DIYs, are an original way to cut costs as they encourage you to create and reuse items at home instead of buying them. From upcycling clothes to creating your own natural cleaning products, there are numerous household tips to save money through DIY. The DIY approach also allows you to express your creativity.

6. Ways to save money at home: buy second-hand

Shopping for second-hand items is a little bit like going treasure hunting: it’s exciting, and you can often find hidden gems! From furniture to clothing, opting for pre-loved items is a great way to save money. This practice is not only good for your wallet but also for the environment as shopping second-hand helps to reduce the amount of waste sent to landfill. So, don’t hesitate to visit your local thrift and charity shops to save money on your next purchase. If you're looking to offload some old clothes, check out our guide all about how to donate your pre-loved items.

The shopping is one thing, but wait until you can strut your stuff up and down the living room during an impromptu fashion show. Ever-growing piles of clothes mount around the place as one item is flung off for the next as you learn that your new jeans don’t quite match those diving flippers you bagged for a fiver! But hey, fashion is all about pushing boundaries, right? 

7. Plan ahead for big purchases

One of the most essential budgeting tips is to plan ahead for more expensive purchases. Setting aside a little money each month can make a huge difference when it’s time to replace old appliances or make a significant investment. This ensures that your household budget stays intact, while still being able to afford quality items to care for yourself and your loved ones. Your future self will be thankful for it! 

8. Saving tips: take advantage of loyalty programs

Many retailers offer loyalty programs that reward you for being a regular customer. These programmes often provide discounts, exclusive deals, and even cashback schemes. It’s a simple way to save money on purchases you were going to make anyway and is a great saving tip to be aware of. To make sure that you don’t miss out on your favourite retailers’ offers, subscribe to their newsletters and check their websites. Feel free to subscribe to our newsletter to keep up to date on our product promotions. 

9. Simple ways to save money: be a savvy online shopper

Online shopping can be a double-edged sword. While it offers convenience, it’s easy to overspend. To combat this, use price comparison tools, take advantage of online coupons, and be patient. Wait for sales and free shipping options to get the best deals possible! 

10. Take advantage of what your community has to offer!  

Communities often have resources and events that are free or low-cost. You can use libraries to discover new books and DVDs, for example. And joining a community garden is a fantastic way to get stuck into wheelbarrows of fun. Those wellies by the front door – you know, the ones that used to be green, but are now completely caked in thick and sticky mud? They're simply a badge of honour! 

Taking advantage of everything your community has to offer is a smart way to save money, while also engaging with your community. 

By incorporating these saving tips and budgeting tips into your daily routine, you can save money and provide more for your loved ones! The small and repeatable actions you take every day can lead to more significant savings, so you could give it a try and watch your savings grow over time! Why not learn how to take care of your sick dog next? 

*Winner General Household Category. Survey of 8,000 people in UK & ROI 

Sources:

¹ Energy Saving Trust, “Quick tips to save energy”