Women's Week - Money Saving Tips for the Savvy Woman
It’s Women's Week here at QuidCycle and we’re celebrating with Mother’s Day, International Women’s Day and our top women financial heroes.
It was International Women’s Day on Tuesday which focused on a #PledgeforParity. In terms of financial equality, recent research by Scottish Widows shows that half of women in the UK who live with their partner now manage the household budget. One in five women say they’re the main breadwinner in their families. Yet more than a third of UK women say having children has limited their financial independence.
So here at QuidCycle we’ve come up with some top tips to help you cut back a little and hopefully free up some extra cash to invest in yours and your family’s financial future. We’re here to help you every step of the way on your route to financial success.
1. Use voucher codes and online deals
Don’t be proud, whether it’s a ‘children eat free on a Tuesday’, or a free delivery from your online supermarket, use the vouchers and discount codes to save paying through the nose.
2. Stop wasting food.
From Jamie Oliver to Hugh Fearnley-Whittingstall the TV chefs are campaigning for us to eat what’s in season and from our fridges before throwing it away. Planning ahead can not only reduce our waste but could also save the average family £700 a year.
3. Upcycling and recycling are the new ‘new’.
If you need a new piece of furniture or one of your children is has outgrown their bike, why not look at online sites like Freecycle, e-bay and community Facebook pages to see if there are any in your area going free or cheap? They are also a great place to make some money as well as get rid of the things you and your children may not use anymore, rather than gathering dust in your loft or garage.
4. Beware of the marketing devices trying get you to spend more.
If you’re heading into a supermarket, take your pre-written list and stick to it. Ignore the smells of the bakery wafting by the entrance, the BOGOF deals and only buy what you need. If you manage it once, you’ll never want to let go of the feeling of satisfaction you get.
5. Make or bring your own.
If you’re heading out and about with your children bring your own snacks and packed lunches on a trip out. The difference can be tens of pounds by the time you’ve forked out for the whole family.
Disclaimer: The above information does not replace financial advice. Please ensure you seek independent financial advice before making any decisions regarding your finances. We also recommend that you carry out your own research to ensure that this is right for your own unique circumstances. Please note that we sometimes link to other websites but we cannot be held responsible for their content.