{"id":13881,"date":"2022-09-09T13:30:45","date_gmt":"2022-09-09T12:30:45","guid":{"rendered":"http:\/\/www.musicmagpie.co.uk\/blog\/?p=13881"},"modified":"2023-05-03T16:23:23","modified_gmt":"2023-05-03T15:23:23","slug":"22-ways-to-cut-back-on-spending-and-make-extra-cash","status":"publish","type":"post","link":"https:\/\/www.musicmagpie.co.uk\/blog\/2022\/09\/09\/22-ways-to-cut-back-on-spending-and-make-extra-cash\/","title":{"rendered":"22 ways to cut back on spending and make extra cash"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">It can be a challenge to stop spending, especially when payday arrives, but there are ways to cut the cost of daily items and budget more efficiently.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read on to find out easy ways you can cut back on your monthly spending and how to make extra cash to boost your balance!<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Check unused subscriptions<\/h3>\n<p><span style=\"font-weight: 400;\">We\u2019re all guilty of signing up for subscriptions for the one-month free trial and then completely forgetting &#8211; you\u2019ll be surprised how much the money can pile up if you don\u2019t cancel.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We suggest going through your inbox to check which subscriptions you\u2019re signed up for and cancel those that you no longer use.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some of the most popular subscriptions are Amazon Music, Spotify, Netflix, Amazon Prime, Apple TV, Disney Plus and more.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Create a food plan<\/h3>\n<p><span style=\"font-weight: 400;\">Let\u2019s face it, as soon as we catch a glimpse of the weekend, we indulge with food whether that\u2019s ordering takeaways or buying more food for the fridge.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Having a weekly budget for food is a great way to cut the cost down. Plan your breakfasts, lunch and evening meals so you only buy what you need from the supermarket and use any leftovers to make weekend treats.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Bulk buy<\/h3>\n<p><span style=\"font-weight: 400;\">Bulk buying each month helps cut the cost down on items such as cleaning products, toilet rolls, tinned foods, pasta, foil, kitchen rolls and fruit juice.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s also a good idea to buy freezer food that will last you all month instead of buying fresh food each week which can be more costly.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Take a packed lunch to work<\/h3>\n<p><span style=\"font-weight: 400;\">It can be very tempting to pop round to the Sainsbury\u2019s Local or Greggs on your lunch break, but over time the money piles up.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Taking a packed lunch means you\u2019re using up the food you\u2019ve already got in the house, so no waste and it stops you from buying overly expensive vacuum-packed sandwiches.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If we break the cost down, meal deals are around \u00a33. If you buy them 5 days a week that is \u00a315 a week and roughly \u00a360 a month. Some meal deals are more expensive depending on which shop you go to.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Stop wasting food<\/h3>\n<p><span style=\"font-weight: 400;\">If you&#8217;re finding yourself throwing a lot of food away each week then here are a few ways to prevent this:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Check you\u2019re keeping the right food in the fridge e.g eggs, fruit and vegetables. If you\u2019re not sure then look at the back of the packet which should have storage recommendations\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Organise your fridge so the oldest food is at the front and those with longer dates at the back\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you\u2019ve still got a full loaf of bread but the date is due to expire, pop it in the freezer\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Measure your rice and pasta to avoid waste<\/span><\/li>\n<\/ul>\n<hr \/>\n<h3 style=\"text-align: center;\">Save first and then spend<\/h3>\n<p><span style=\"font-weight: 400;\">Sometimes it\u2019s too easy to start spending as soon as you\u2019ve been paid, but before you do, make sure you save and budget what you need. It\u2019s okay to splurge now and then as long as you don\u2019t leave yourself short of money.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The best thing to do is set up a standing order for your savings account and budget how much your bills and food will cost for the month. This will make sure you have a clearer idea of how much you\u2019ve got for treats.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Have a no-spend day<\/h3>\n<p><span style=\"font-weight: 400;\">We know it\u2019s easier said than done but having a no-spend day each week gives your bank balance a break. <\/span><span style=\"font-weight: 400;\">We recommend choosing a day mid-week for no spending so you can enjoy yourself on the weekend!<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Prioritise spending<\/h3>\n<p><span style=\"font-weight: 400;\">Take a look at your monthly outgoings and prioritise the most important ones first (e.g., utility bills, food shop, car insurance etc), you\u2019ll be able to see just how much of your income will go on the essentials and what you\u2019ll be left with afterwards.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Having a budgeting planner or creating your own budgeting spreadsheet can help you keep an eye on your direct debits and when they are due, meaning you won\u2019t be caught out by a surprise bill.\u00a0<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Try the envelope system<\/h3>\n<p><span style=\"font-weight: 400;\">You may have seen this budgeting tip doing the rounds on social media, but it could work for you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All you need to do is put the money you want to spend on different categories for the month into envelopes. For example food, emergency money, petrol, socialising, bills or car insurance. Just make sure you stick to it!<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Use discount codes and coupons<\/h3>\n<p><span style=\"font-weight: 400;\">If you want to cut your shopping bill then discount codes and coupons are sure to help!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are a few ways to get codes and coupons. Newspapers normally have coupons that you can cut out or rewards cards that send you vouchers e.g Tesco Clubcard and Boots.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The majority of online retailers will send you discount codes that you can for your next purchase.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Show own branded products<\/h3>\n<p><span style=\"font-weight: 400;\">You\u2019ll be surprised by the impact shopping own brands can have on your bill when you get to the checkout.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s a super-easy way of cutting back and a lot of supermarkets have their own brands such as Asda, Tesco, Morrisons, Sainsbury\u2019s and Aldi.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This isn\u2019t just for food either, some supermarkets also have their own clothing brands and kitchenware e.g George at Asda, Tu clothing at Sainsbury&#8217;s and F&amp;F Clothing at Tesco.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll find this is a great alternative so you don\u2019t have to go on the high street and pay double the price.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Manage how much electricity your gadgets are using<\/h3>\n<p><span style=\"font-weight: 400;\">Devices soak up a lot of electricity and there are few ways to help take control of your bills.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Instead of charging your tech overnight, charge for a few hours throughout the day and then unplug the device and the charger.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Turn lights off in your home<\/h3>\n<p><span style=\"font-weight: 400;\">When you leave a room, make sure to turn the light off to save on electricity. It will help save you money in the long term and make a difference. <\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Cook your meals in batches<\/h3>\n<p><span style=\"font-weight: 400;\">Prepping your meals for the week ahead is a great way to cut costs. Take some time aside on a Sunday to make different dishes for the week and pop them in the freezer.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This stops the temptation of buying takeaways or popping to the shop last minute to get food for the evening.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Don\u2019t spend loads on payday<\/h3>\n<p><span style=\"font-weight: 400;\">We\u2019ve all been there where we\u2019ve spent a large chunk of our wages within the first few days of receiving it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019re best prioritising your outgoings and asking yourself do you really need to make a new purchase. Budget for the month and see what you\u2019re left with afterwards.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Sell unwanted tech<\/h3>\n<p><span style=\"font-weight: 400;\">Got any old devices you no longer use? We\u2019ve got you covered!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">musicMagpie is a quick and easy way to make extra cash! You\u2019ll get an instant price for your unwanted <\/span><span style=\"font-weight: 400;\">phones<\/span><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.musicmagpie.co.uk\/sell-tech\/trade-in-consoles\/\"><span style=\"font-weight: 400;\">consoles<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.musicmagpie.co.uk\/sell-tech\/sell-my-tablet\/\"><span style=\"font-weight: 400;\">tablets<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.musicmagpie.co.uk\/sell-tech\/sell-apple-goods\/sell-my-macbook\/\"><span style=\"font-weight: 400;\">MacBook<\/span><\/a><span style=\"font-weight: 400;\"> devices or <\/span><a href=\"https:\/\/www.musicmagpie.co.uk\/sell-tech\/sell-my-smartwatch\/\"><span style=\"font-weight: 400;\">smartwatches<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All you need to do is send us your items for FREE and we\u2019ll pay the day we receive them<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Refer a friend<\/h3>\n<p><span style=\"font-weight: 400;\">Refer a friend schemes can help you make a little extra cash. Normally you\u2019ll get a referral code which you can pass on to friends and family. You\u2019ll then get paid when they shop or sell, which means more money for you!<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Cashback websites<\/h3>\n<p><span style=\"font-weight: 400;\">Cashback sites pay you when you click through from them to buy goods. All you need to do is choose a cashback website, search for deals, click the link and complete the purchase. <\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Turn old receipts into cash!<\/h3>\n<p><span style=\"font-weight: 400;\">The Shoppix app turns your old receipts into cash. For every receipt, you take a picture of, it turns into tokens. Once you\u2019ve built up your tokens to \u00a35, you can exchange them for vouchers or a PayPal payment. You can collect tokens for up to 30 receipts a week! Shoppix is available on <\/span><a href=\"https:\/\/apps.apple.com\/gb\/app\/shoppix\/id1184563264\"><span style=\"font-weight: 400;\">iOS<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.kantarworldpanel.shoppix&amp;hl=en_GB\"><span style=\"font-weight: 400;\">Android<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Recycle DVDs, CDs, Games and Books<\/h3>\n<p><span style=\"font-weight: 400;\">If you\u2019re looking to make a little extra cash, then selling your old DVDs, CDs, games or books is a great shout!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Download the musicMagpie <\/span><a href=\"https:\/\/www.musicmagpie.co.uk\/get-our-free-app\/\"><span style=\"font-weight: 400;\">FREE app<\/span><\/a><span style=\"font-weight: 400;\"> or use our website to get an instant price for your <\/span><a href=\"https:\/\/www.musicmagpie.co.uk\/entertainment\/\"><span style=\"font-weight: 400;\">entertainment<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; it\u2019s that easy!<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Complete online surveys<\/h3>\n<p><span style=\"font-weight: 400;\">Get paid for your opinion by signing up to survey sites and complete surveys sent to your inbox. Survey sites add cash or rewards to your account, but make sure that you don\u2019t have to pay to join.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are some of the most popular survey sites:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">iSay &#8211; Earn points by carrying out surveys between 5 and 250 points each. You can redeem points at popular brands such as Amazon, Argos and John Lewis. Available on <\/span><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.ipsos.i_say&amp;hl=en_GB\"><span style=\"font-weight: 400;\">Android<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/apps.apple.com\/us\/app\/i-say-rewards-your-opinion\/id1126885609\"><span style=\"font-weight: 400;\">iOS<\/span><\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">OnePoll &#8211; If you\u2019re into celebrity knowledge, then this is a really fun website to use. It runs polls from the press, however, the payment is small, but once you get a decent sum, you\u2019ll be paid by bank transfer or PayPal. Available through <\/span><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.onepoll.members&amp;hl=en_GB\"><span style=\"font-weight: 400;\">Android<\/span><\/a><span style=\"font-weight: 400;\"> and<\/span><a href=\"https:\/\/apps.apple.com\/gb\/app\/onepoll-surveys\/id1413721048\"><span style=\"font-weight: 400;\"> iOS<\/span><\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Survey Friends &#8211; This site is a bit different from other surveys, you can use your points to bid on Kindles, TVs and more. You can even use them to bid on their lottery. Available on <\/span><a href=\"https:\/\/apps.apple.com\/gb\/app\/survey-friends\/id1509983204\"><span style=\"font-weight: 400;\">iOS<\/span><\/a><\/li>\n<\/ul>\n<hr \/>\n<h3 style=\"text-align: center;\">Become a mystery shopper<\/h3>\n<p><span style=\"font-weight: 400;\">If you love shopping, becoming a mystery shopper may be your calling! High street shops contract mystery shopping agencies to go into their stores to check out the\u00a0<\/span><span style=\"font-weight: 400;\">customer service.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You would be rating the quality of service and goods, however, payment varies between agencies or others give you free items.<\/span><\/p>\n<hr \/>\n<p><i><span style=\"font-weight: 400;\">What are you waiting for? Try some of these money-saving tips and ways to make cash today. Plus, make extra cash by <\/span><\/i><a href=\"https:\/\/www.musicmagpie.co.uk\/sell-tech\/\"><i><span style=\"font-weight: 400;\">trading in tech<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> at musicMagpie today!\u00a0<\/span><\/i><\/p>\n<p><i>Wondering \u201cwhere can I\u00a0<a href=\"https:\/\/www.musicmagpie.co.uk\/sell-mobile-phones\/\">sell my phone<\/a>\u00a0for quick cash?\u201d Look no further than musicMagpie! You can\u00a0<a href=\"https:\/\/www.musicmagpie.co.uk\/sell-mobile-phones\/sell-my-iphone\/\">sell iPhone<\/a>, Samsung and Google Pixel phones with us, plus a whole range of other tech items, and get paid instantly for them.\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It can be a challenge to stop spending, especially when payday arrives, but there are ways to cut the cost of daily items and budget more efficiently. Read on to find out easy ways you can cut back on your monthly spending and how to make extra cash to boost &hellip;<\/p>\n","protected":false},"author":15,"featured_media":12430,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2154,2220],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/posts\/13881"}],"collection":[{"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=13881"}],"version-history":[{"count":9,"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/posts\/13881\/revisions"}],"predecessor-version":[{"id":15340,"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/posts\/13881\/revisions\/15340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/media\/12430"}],"wp:attachment":[{"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=13881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=13881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicmagpie.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=13881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}