Why are Some People better at Saving Money?

Saving money isn t particularly rock n roll. It’s not something that advertisers have traditionally used to motivate consumers to buy products and it’s not going to give you great (or more) hair or lots of friends. However, it’s slowly dawning on most of us that being good at saving money is one skill that opens doors to a better life, from being able to live within your means, to buying property or making investments. But why are some people better at it than others? Perhaps the rest of us can learn from them. Their parents saved money Often, good savers come from generations of good savers. Perhaps one of the first things a grandparent did for them was to open a Post Office savings account or give them a money box. Maybe their mum was very good at budgeting or their dad knew how to make the home finances stretch. We absorb such a vast amount of information during our childhoods that being good with money is often a learned skill acquired from others who set an example. They go


10 Money Saving tips for family budgets

By: Oliver Jones May 09, 2016 10 Money Saving tips for family budgets Cutting down, and making savings, are part of the financial plan for many people and for those with families to support this becomes even more essential – the average cost of raising a child to 21 is now around £200,000. The expense of childcare, the need to put food on the table for growing bodies and the higher energy demands of a family home are just a few of the costs that can put strain on any budget. However, there are ways that you can keep your finances under control with these 10 money saving tips for parents. 1. Control your energy usage Gas and electricity are major costs for most parents and with lights left on, vast volumes of clothes to wash and the expense of heating water for multiple daily showers it’s easy for this to get out of control. Cut your energy costs by switching to a cheaper provider, invest in an eco friendly washing machine, energy saving tumble dryer and energy efficient dishwasher,

15 great money saving ideas

By: Alex Hartley Nov 30, 2015 15 great money saving ideas We’re approaching a time of year when temptation to spend money is everywhere. However, whether you want some inspiration for keeping your costs down during Christmas, or you’re planning your approach to saving in the new year, here are 15 great ideas to get you on your way. Stop smoking. This is a great new year’s resolution on its own but also a fantastic way to cut down on your monthly budget, particularly given that tax on cigarettes is only likely to continue to rise. Grown your own. Whether you’ve got acres and acres of land or a few window boxes you can save yourself cash by planting and growing some of your own crops. It’s worth noting that fresh herbs are one of the most expensive ingredients that we spend out on and take up just a small amount of space to grow. Use discount designer websites. Particularly if you have a lot of love for designer garb there are plenty of sites where you can get your favourite l