2019 Top 10 Money Saving Tips, So You Won’t Need to Borrow Money

Did you end up having to borrow money last year? Being in debt is never a good thing. But the good news is that there are lots of things you can do in 2019 to avoid this happening again. It all starts with wanting to make a change!

Read on to find out Cashpanda.co.uk top 10 money saving tips so you won’t need to borrow money in 2019.

1. Create Money Goals

So, you want to be able to save in 2019 so you don’t have to borrow money. Well, the first thing you should do is create financial goals. This way you can have targets to reach and feel motivated to achieve them. By the end month or year, you will have saved the money you aimed for.

2. Set a Budget

A lot of people spend more money than they realise because they don’t have a budget. In order to save money, you’ve got to keep an eye on what is going in and out of your accounts. So, set a weekly or monthly budget on the amount of money you can spend. Of course, sticking to his budget is essential; be strict with yourself!

3. Plan Meals in Advance

If you don’t plan your meals in advance, you often end up buying expensive ready-made meals instead. This is especially true if you’re at work. So, the best way to save money is to plan your meals for the week ahead of time. This will mean you don’t have to go to the store as often and you will avoid the higher cost of ready-made food or fast food.

4. Earn Cashback

Earning cashback is simple and you don’t have to do anything different to save money. When you join cashback apps or websites, you can just buy the items you were going to and receive money. Eventually, this money will add up and you will be able to withdraw it and avoid the need to borrow money.

5. Use Cash

Do you ever find that you just use your debit and credit cards all the time? This is one of the easiest ways to lose track of how much you’re spending and spending more than you plan to. So, leave your cards at home so you don’t have to borrow money in 2019. Take the amount of cash you need so that you don’t spend over it.

6. Book a Holiday Early

Let’s be honest, we all want to go on holiday in 2019. But if you book your flights or hotel last minute, you are more likely to pay more. This means that people end up having to borrow money. The best way to get a bargain on your next holiday is to book it in advance. The prices will be cheaper and you have something to look forward to.

7. Buy Used or Refurbished Goods

If you want to buy clothing or electronics, you can get a good deal by buying used or refurbished goods. You can get nearly new items for half the price this way. There are lots of websites, such as eBay that sell used or refurbished items and that can offer you big savings. Most of the time, you won’t even realise that it has been used before.

8. Use Public Transport or Walk

Are you guilty of taking your car everywhere? Whether you are driving to the shops or to work every day, petrol is expensive. Your car is one of the most expensive costs that you have and this can run people into trouble. So, why not get out and enjoy some exercise? If you are too far to walk, taking a bus or train can work out cheaper than taking your car everywhere.

9. Change Your Bills

Are you paying for things that you don’t really use or need? If the answer is yes, these are bills that you should cancel in 2019. For example, if you’re using subscription services that you haven’t used in the last month, you should get rid of them. In addition, try calling companies and negotiating prices with them. You will be surprised how many can offer you a discount just by asking.

10. Workout at Home

A gym membership can be an expensive monthly cost. This is especially true if you don’t go as much as you should. So, why not switch it off and workout at home? There are lots of exercise routines on YouTube and on DVD that are fun to do at home. In addition, you could even invest in gym equipment, which will save you money in the long term.

So, there you have it; Cashpanda.co.uk Top 10 money saving tips so that you won’t need to borrow money in 2019. From planning your meals in advance to booking a holiday early, there are easy ways you can save some cash without much effort. What is your favorite money saving tip for 2019?

Cashpanda.co.uk wishes you a great and prosperous year to come with health and happiness.

If you need a short term loan from a top lender please visit us at Cashpanda.co.uk for your Free, No obligation quote. 

If you are considering a loan please make sure you can afford to repay it back in time. Late repayments can cause you serious money problems. For help please go to moneyadviceservice.org.uk