Wednesday, September 21, 2016

How To Save For a Special Occasion

No matter what point it is in the year, there’s always a special occasion right round the corner. Whether it’s a birthday, anniversary, wedding, christening or Christmas day- life is expensive. As fantastic as these kinds of celebrations are, they all demand money. With the festive season fast approaching, you’ve probably got your best budgeting hat on already. But regardless of what you’re saving for- here are a few ways to make your money go further.


Save Up Your Loose Change
Any spare change you find in your purse or your pockets, dump into a container. You won’t miss it, but over time it can really add up. If you choose a tin or box that you have to smash or open with a can opener, you’re much less likely to dip back into it. Something like these from the site could be useful.

Open an Online Savings Account
Open up an online savings account with your bank, preferably one which gives you good interest rates. Then whenever you get paid, transfer some money into it. Whether it’s a little or a lot, just go with what you can realistically afford, and it will soon add up.

Sell Old Stuff
Most of us have things like old mobile phones, computer consoles and other bits of outdated technology sat in cupboards gathering dust. They might seem like old junk, but there are lots of companies out there who will pay for this kind of thing. Even if it’s just a few dollars, it all helps. Plus you get to declutter and free up some space. You can sell clothes on apps like Depop, and general bric a brac and other miscellaneous things at boot sales. If you’re not using stuff, sell it to someone who will and earn a little bit of money in the process.

Use Coupons
When you’re saving it’s important to keep spending down, and therefore only make necessary purchases. But if you absolutely have to buy something, don’t just go in and pay full price- look for bargains and coupons. For example, you could browse a site such as The more money you can save on essential purchases, the more money you free up for saving,

Do Some Work Online
A second job online could earn you some extra cash, and means you’re putting your skills to the test too! It could be online questionnaires, writing, design work or something else. Setting up a blog is a good way to earn a second income. While it’s not something that will take off overnight (and you do have to put in the effort) if you’re passionate about a topic and on the lookout for a new hobby anyway, this could kill two birds with one stone.


How do you save up for special occasions? Do you do any of these things?
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