New Steps for New Savings

Are you in a savings rut? Did you promise yourself at the beginning of this year that you would create a budget and stick to it (about the same time you swore to lose weight and drink less alcohol)?

If these promises are a distant memory and your piggy bank isn't looking too healthy, check out these steps to at least get you in saving mode and help you stick to it - it is easier than you thought and you can start today.

1. Keep a record of your expenses
   

   You will be amazed to see where your money is actually going. Even if you do this for one month you will begin to see where you can cut back without making drastic changes to your lifestyle.

2. Compare prices and get the best deal on your online grocery shopping

   While you do your online shopping, use mySupermarket to conduct price comparisons on similar quality products. In addition to this, you can use mySupermarket to compare your trolley in ASDA, Tesco, Ocado and Sainsbury’s – and make sure you are getting the cheapest groceries possible. By doing price comparisons as you shop and switching to the cheapest supermarket, you can save up to 20% on your weekly grocery bill.

3. Use supermarket discount vouchers when you shop for groceries

   Supermarket vouchers help you get great discounts on your groceries as well as things like free delivery, bonus loyalty points and more. You can check out the mySupermarket vouchers page to see all the current top supermarket vouchers in one place.

4. Cut back on bad habits, financial and otherwise

   Do you have a habit of buying a lot of junk food at the supermarket? When you are doing your online shopping, use mySupermarket’s Price and Health Checker and take advantage of the cheaper, healthier suggestions offered.

5. Analyse your phone bills for the last year

   Did you make a lot of overseas calls on a plan that is designed for local phone use? Do you need your landline connection? Now is the time to make those changes.

6. Try the Martin Lewis Downshift Challenge

   Whether it is while you do your online supermarket shopping or elsewhere, consider downshifting one brand level on everything you buy. Over time you will notice a huge difference in your savings.

7. Audit your electricity

   Ask your electric or gas utility if they audit homes for free or for a reasonable charge. Doing this could make a huge difference to your yearly electricity bill.
   

8. Look for cheap eats

   If you use the Price Checker on mySupermarket you are already well on your way to doing this but if you also like to eat out, try to pick one night a week to indulge and stick to cooking at home on the other nights.

Start with the first step and begin saving on your groceries with mySupermarket now! »