Money-saving New Year resolutions to try in 2023

Are you looking to make a beneficial impact on your finances? Make use of the new year by settling on some money-saving New Year resolutions! Try these simple yet effective New Year money-saving tips to start 2023 off on the right foot.

In this blog:

Minimise your waste

Do you often have leftovers after meals or find out-of-date food in your cupboards? If so, you might save some extra cash by changing up your waste habits.

Try to plan your meals in advance so you don't overspend and buy more than you need. And if you're still left with extra food after your meal, pop it in a container and have it as a meal another day.

This will reduce the amount of food left to go off and save you from using up your food faster, as you'll keep the leftovers you usually throw away. If you're buying less and using up all of your food rather than binning it, you'll save a fair chunk of money each month.

As an added bonus, minimising your waste will also help the environment, so it's a win-win!

Ditch the clutter for cash

Have lots of unwanted items cluttering your home? Make a promise to let go of the junk and sell it for cash! If you're looking for New Year financial resolutions, this one will certainly help to boost your bank balance.

UK households are sitting on an average of over £800 of unused tech, so if you've got a drawer full of old phones or a few tablets that you don't use anymore, trade them in and pocket the money!

And it's not just tech that you can sell for cash; you can get rid of unwanted books, CDs and DVDs too. Simply send your unwanted tech or entertainment items to musicMagpie and get paid the same day we receive them – it's that easy!

You'll need to keep up the good work to make sure your home is clutter free all year round. You can do this by having bi-monthly clean-outs to make sure you're not unknowingly hoarding unwanted items.

Try out different transport methods

If you're searching for some New Year money-saving tips, looking into your current transport and researching cheaper alternatives is an excellent place to start. While this might not apply to everyone, you could find that you're spending more than you need to get around.

For drivers, check your local public transport; is there a bus, train or tram route that works out cheaper than filling up your tank? If you're looking to stop paying for your commute altogether, could you walk or cycle instead?

You'll be surprised just how much you can save by making a switch up to your usual transport!

Shop refurbished

No matter how many money-saving techniques you use over the year, you're bound to buy a few new things here and there. So why not add purchasing to your money-saving New Year resolutions?

Try making a conscious decision to shop refurbished or second hand and see how much money you can save! You can buy second hand books, CDs, DVDs and even more expensive items like refurbished phones and refurbished tech for much less than what you'd pay for them new.

And if you can't afford to buy refurbished tech outright, there's another cheap option you can consider… renting! You can rent refurbished tech like iPhone models, MacBook devices and even tablets on the musicMagpie Store.

Buying refurbished is a cheaper way of getting the products you want for a better price, while renting is another great way of getting amazing tech for affordable monthly payments if you don't plan on keeping your device.

Swap the gym for alternative workouts


Getting in your daily dose of exercise is important to maintain a healthy lifestyle, but you don't need to pay out for a gym membership to keep fit!

Make a New Year financial resolution to swap out your gym workouts for at-home workouts instead, and when the weather gets warmer, try some outdoor activities too.

There are plenty of free workout videos and tutorials you can follow in the comfort of your home, and it doesn't cost anything to go for a jog and get some fresh air!

If you're determined to save some money in the new year and don't mind working out at home instead, you'll be able to pocket those monthly payments you'd usually pay out to your gym.

Start on your money-saving New Year resolutions now when you sell your unwanted tech with musicMagpie. Shop rental or refurbished tech for less too on the musicMagpie Store today to start saving! We have plenty of tech and phones to choose from, including refurbished iPad models, cheap iPhone 11,  refurbished iPhone 12refurbished iPhone 13 and other cheap iPhone models. So what are you waiting for? Shop our range of used iPhone models and tech today!

You can make your purchase even cheaper with an iPhone trade in. If you own an Android, head over to our Sell My Phone page to sell it for cash.