Our tips on bulking up your savings from cashback sites to ditching the daily coffee — plus, get a free fiver from our rewards club
FLEXING your muscles with wise spending tactics is one of the best ways there is of boosting your savings.
Currently only 39 per cent of us put money aside regularly, according to website .
Its research also found that 33 per cent of us believe it is more important to be savvy with our spending rather than saving.
But you can do both and use the £43 a month which shoppers save on average by using discounts and deals to bulk up your rainy-day money pot.
Adam Bullock, director of topcashback.co.uk, says: “It is likely people are spending wisely to make ends meet, making it tricky to put away any leftover cash.
“But if you aren’t putting money aside, the efforts of spending wisely will not build up savings and the need to make ends meet each month will only continue.”
Here Adam shares his top tips on how you can bolster your savings by spending well . . .
- When you get a discount or bargain, put the money-off difference into your savings account.
- Having a clear budget which factors in a set amount to save at the start of the month is far more effective than putting away what’s left at the end. That way you can always dip into your savings account if you really need to.
- Use a cashback website such as topcashback.co.uk which offers money back on everything from groceries and clothes to broadband and energy switching. This can save about £325 a year and can go straight into your savings.
- Overbudget regular monthly outgoings or round them up, i.e. a £26 phone bill becomes £30. Then add the difference to your savings.
- Get a piggy bank and fill it with your spare change at the end of each day or week. You’ll be surprised at how quickly the money can add up.
- If you have any bad habits, use giving them up as a means of saving. Giving up drinking coffee could leave you £3 in pocket every day. Instead of spending this, add it to your savings fund.
- Check your utility bills and if you get a cheaper deal, continue budgeting for the higher bill and bank the difference each month. It may be a small amount but the money will soon mount up.
MOST READ IN MONEY
Fancy a free fiver?
YOU can get FREE cash with super Sun Savers just for buying your favourite paper.
Our brilliant new rewards club, which launched this week, will pay back our most loyal readers.
Just pick up the paper each day to collect your Sun Savers codes and we will GIVE YOU £5 when you have collected 28.
This isn’t a one-off and there is no limit to how much cash you can save.
For every 28 codes you enter, we will give you a fiver. So over the course of a year, that could add up to £65.
We are keeping it super-simple. You don’t have to enter codes from consecutive days, so don’t worry if you forget a day or two.
In fact, it is completely up to you how much you save.
Download our easy Sun Savers app and quickly scan your code using your smartphone. Or go online and enter your code at .
What is Sun Savers? Here's everything you need to know about our new rewards club
To get you on your way, join today and we will put a bonus £1 in your Sun Savers wallet tomorrow. And the good news doesn’t stop with free cash.
With Sun Savers, we give you the best hacks, deals and tips to save money every single day.
TO JOIN: Don’t worry, folks — joining takes just 30 seconds, in three steps.
All we’ll ask of you is your name, your date of birth and an email address to get you on the way to your first crisp fiver.
You can choose to save or cash out straight to your bank account or instantly with Paypal.
Don’t delay — join Sun Savers now!
Cool discount on a dehumidifier
SAVE BIG: Appliances Direct is selling an electriQ 12-litre low-energy dehumidifier for £149.95, down from £179.98.
SAVE: £30.03
SAVE SMALL: Fab limited- edition birthday cake ice lollies, 6 x 58ml, was £2, now £1 at Tesco. Offer valid until September 25, 2017.
SAVE: £1
Rustle up a free Beefeater meal
PAULINE LEWIS, a Sun reader from Stoke-on-Trent, has this tasty tip: “Sign up to the Beefeater Grill Reward Club and get a free meal on your birthday. Plus, you get five points for every £1 spent and a £5 voucher for every 500 points.”
- SEND us your tips to [email protected] and you’ll get 28 codes worth £5 if your tip is used. Please include your name and town.
When in Rome
DESPERATE to book a winter holiday? Vueling has launched a flash sale with more than 450,000 seats from just £23 each way to top European destinations including Malaga, Barcelona, Rome, above, and Amsterdam. Be quick, as the cheapest will go first. For more info visit .
- FACEBOOK users are being warned about a growing number of raffle scams that might leave them out of pocket. They often promise users they can win big prizes in competitions and sweepstakes but often the prizes never materialise. Online raffles must be licensed by the Gambling Commission to be legal.
- PRICES correct at time of going to press. Deals and offers subject to availability.