How Much Money Could You Save In A Year?
If we assume that the average gym membership is £30-50 a month, at least, by signing up for free classes, increasing the amount of walking you do, using online classes, and taking up other free forms of fitness, you could save more than £368. If you’d miss your gym sessions too much, consider trying a “no frills” gym – the average cost is £15 per month, or see if your HR department fancies supplementing your workout habit. Source: BBC
Assuming that there are, on average, 255 working days in a year (you need to deduct your own holiday allowance, but we’ve included bank holidays and weekends), and you’re spending £6 a day on lunch, you’ll save £1,520 if you switched the habit. Taking in to account that you’d need to buy stuff to make your own each day, you can still save over £1,000 per year if you bring your own.
Assuming that there are, on average, 255 working days in a year (you need to deduct your own holiday allowance but we’ve included bank holidays and weekends), and you’re spending £3 a day on coffee shop treats, you’ll save £765 if you went cold turkey. If you don’t want to cut out your java habit completely, you can still save £382.50 by swapping your order to a filter coffee, flavouring it with the cinnamon, nutmeg etc. provided, and frequenting an establishment who gives you a discount if you bring your own cup.
If we assume that the average person buys 402 alcoholic drinks per year, at the cost of £3.50 per drink, that’s £1,407 per year. Cutting down by a third, so having five-ish drinks a week instead of seven, can save you around £400 per year. Source: Daily Mail Source: Mirror
The average British person spends around £110 on takeaways per month, which works out to a massive £1,320 per year. Even worse, people age 24-35 spend DOUBLE this. In comparison, if you cooked yourself steak and chips or a tasty stir fry every Friday instead, you would only be spending around £320 a year on your meal (based on each meal costing no more than £6). Source: Daily Mail
This sounds crazy, but the average British household wastes £470 per year by binning uneaten food. This rises to £700 if you have kids. Fresh fruit, bagged salads, and bread are the thing most likely to rot before we’ve used them. The solution? Head over to lovefoodhatewaste.com to figure out how to correctly store stuff and use your leftovers. Source: Love Food Hate Waste
You can save £100s each year by switching energy savers and providers. Do so using an online tool, or by ringing your provider and telling them you’re thinking of cancelling your account with them – they’ll pop you over to the customer retainment section, and they’ll hopefully offer you some tempting deals to stay. This works with phone, energy, water, internet, and TV package providers. In many cases you can save further amounts by switching from a contract mobile to a pay-as-you-go phone. Save on online purchases by googling the name of the company you want to buy from + “online voucher”. Source: Money Saving Expert
The average UK woman spends more than £588 on clothes each year, with £300 of which being wasted on stuff that is never worn. An even bigger £764 is spent on children’s clothing by each British household! Giving up cold turkey (if we’re assuming you might still want to buy underwear, socks, etc. a few times in a year) will save you more than £400 per year. But if you can’t do that, reduce waste by having a one-in, one-out system so that you think twice before splurging. You might love that sale bargain less if it means you have to throw something out to own it. You can save on online purchases by googling the name of the company you want to buy from + “online voucher”. Source: Good House Keeping
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