“Could your current account be working harder for you? Some accounts offer a higher rate of interest than others, as well as other benefits and freebies. Why not shop around? But remember that some accounts will charge a monthly fee or require a minimum deposit amount, so check the terms carefully!"
This is something hat we haven't done and I'm not sure if we would do it. This is purely because we have all of our accounts with the same bank. However if we found a really good offer I am sure that we would consider it carefully! I think that the thought of changing banks is a lot more daunting than it really is!
“To boost your budgeting, Why not make one day a week your No Spending Day? The money you save on that takeaway coffee or expensive lunch can really add up!”
Thankfully this tip doesn't really apply to us. We know that we can't afford for the hubby to eat out every day whilst at work so to save money he takes a packed lunch!
"If you've got stuff lying around that's unworn, unused or unwanted, why not sell it online? You can list up to 50 items per month for free on eBay, so there's nothing to lose. Remember that one person's trash is another person's treasure - it could be worth more than you think!"This is a tip that we can relate to. In the past year we have sold various items from clothes that we don't wear to DVDs, from Cd's to baby equipment that we no longer need! It feels great to have a good clear out and to get some money back in our pockets! It's also good to know that other people are going to benefit from the unwanted items that we had.
"Doing anything this weekend? If you're looking for something fun and free to do, why not visit one of your local free museums and attractions? Most major cities and towns have a range of free activities for children and adults alike. If you take a packed lunch a great day out doesn't have to cost you a penny!"
Unfortunately there aren't many free attractions near us that would be suitable for all of the children. However every year we buy a years pass to a local house and gardens which costs us just under £20. This gives us a lovely place to go, for free, all year round!
"Reading can be a great hobby, but if you're not careful you can end up spending hundreds of pounds a year on new books, which you'll probably only read once. Instead of buying books, try organising book swaps with your friends. That way you all get to read something new for free, and won't clutter your home with books. If your friends don't have the books you want, try a website like ReaditSwapit.co.uk which allows you to connect with other swappers online."This is something that we are guilty of. We have so many books, I'd hate to count them! This is after we sold a lot! When we moved house we realised just how many we had got. My hubby works for the library service so he is able to bring us books home. But I people should register with their local libraries. Then you can borrow books for free but also support a service which sadly is disappearing! Also you can often download free books!
We are now half way through the Great British Budget and are on track. Thankfully it is pay day for hubby at the end of the week as we are well and truly ready for it but we have food and the bills are all paid on time so we are happy!
You can see what my financial goals are by visiting Great British Budget My Goals
Throughout February Your Wealth are challenging people to create a budget and to stick to it!
They have a great tool that is available to help you manage all of your outgoings which is available as an app for your mobile phone so that you are always able to control your finances.
Check out Your Wealth on twitter @yourwealthuk as they are running a photo challenge where you will be entered into a prize draw to win one of four £50 Love2Shop vouchers.
But its also a fun way to join in!
Don't forget to add #GreatBritishBudget to your tweets!
Disclaimer: I have volunteered to take part in the Great British Budget as it is a subject that is close to my heart. However there is a prize draw for the panelists who are taking part.