maqroll Posted May 26, 2015 Share Posted May 26, 2015 I bundle up and wear layers indoors in the winter instead of blasting the heat so I can walk around in shorts and sandals. Never understood people who did that. I don't agree with this - I don't work 50-60 hours a week so I can go home and wear a coat indoors. Heating is essential for me (posting wearing a t-shirt and shorts) It's my spartan New England upbringing. Don't turn the heat up until you can see your breath indoors...some things just stick with you. Link to comment Share on other sites More sharing options...
Ginko Posted May 28, 2015 Share Posted May 28, 2015 You shouldn't unplug appliances though, they're designed around power being constantly available. The power supply being switched on and off just means that the components fail quicker, costing you more money replacing items than the small amount that keeping them on costs. Is that true? I always turn things off at the wall, plus it's good for the environment, right? Link to comment Share on other sites More sharing options...
darrenm Posted May 28, 2015 Share Posted May 28, 2015 (edited) You shouldn't unplug appliances though, they're designed around power being constantly available. The power supply being switched on and off just means that the components fail quicker, costing you more money replacing items than the small amount that keeping them on costs. Is that true? I always turn things off at the wall, plus it's good for the environment, right? It depends on the appliance. However it is well known that components such as capacitors will dry out over time and keep on working until the power going through them is removed, then will not work again. Sky boxes were infamous for failing while people were on holiday. It was because that would be the first time they were powered off, then wouldn't turn on again. Edited May 28, 2015 by darrenm Link to comment Share on other sites More sharing options...
ender4 Posted May 28, 2015 Share Posted May 28, 2015 Thought I'd resurrect this thread instead of starting a new one. I've just moved into an apartment -- after living back home with the folks due to an unfortunate set of circumstances -- and so money is going to be a lot tighter from now on. I was just wondering if any of you smart and savvy chaps had any good advice to save money. I'm thinking of things like ways to keep your electricity bill down, or any other things that a lot of people don't know about that could save you a few pennies. Any help would be greatly appreciated. Cheers in advance, fellas. - Get rid of Sky/Virgin TV and watch Freeview. - Don't get a new phone every year, get a sim-only deal and use last years phone - Only buy essential food, cut down on all the junk that goes in the trolley at the supermarket - Change your gas/electric supplier every six months or so (unless you are tied in) - Make your own sandwiches for lunch - Earn more money by doing extra hours or a second job on a saturday. - Don't take out loans for anything. So pay car insurance, etc all upfront for the year. - Halifax Reward account pays you £5 a month for having the account (need minimum amount going in and direct debits) - Don't overspend at Xmas on presents. - Don't drink as much in the pub, have 1 or two before leaving the house if you like to drink lots. 1 Link to comment Share on other sites More sharing options...
Kingman Posted May 28, 2015 Share Posted May 28, 2015 Thought I'd resurrect this thread instead of starting a new one. I've just moved into an apartment -- after living back home with the folks due to an unfortunate set of circumstances -- and so money is going to be a lot tighter from now on. I was just wondering if any of you smart and savvy chaps had any good advice to save money. I'm thinking of things like ways to keep your electricity bill down, or any other things that a lot of people don't know about that could save you a few pennies. Any help would be greatly appreciated. Cheers in advance, fellas. - Get rid of Sky/Virgin TV and watch Freeview. - Don't get a new phone every year, get a sim-only deal and use last years phone - Only buy essential food, cut down on all the junk that goes in the trolley at the supermarket - Change your gas/electric supplier every six months or so (unless you are tied in) - Make your own sandwiches for lunch - Earn more money by doing extra hours or a second job on a saturday. - Don't take out loans for anything. So pay car insurance, etc all upfront for the year. - Halifax Reward account pays you £5 a month for having the account (need minimum amount going in and direct debits) - Don't overspend at Xmas on presents. - Don't drink as much in the pub, have 1 or two before leaving the house if you like to drink lots. Are you a prison warden? Link to comment Share on other sites More sharing options...
villarule123 Posted May 28, 2015 VT Supporter Share Posted May 28, 2015 (edited) Open up a separate bank account for all your bills, maybe another one for spending and use your current one for savings. Put the exact amount of bill money in on pay day, split the rest up by 4 and live off that every week. That way you'll always have enough for the necessities and you'll get an idea of how much you'll have to spend on yourself a lot quicker than cutting back on various things. I've got all my savings/bills planned out and it's worked a treat. I get paid weekly which helps. All the bill money is split into 4 and every 5 Friday month I get a weeks bill money to keep to myself. We've got a new house deposit plan set up so we have £700 going into a savings account for the deposit on our next house. We'll have saved £20k in 2 years by doing this, whilst paying our mortgage at the same time. I've got my daughters future planned out too, she gets about £60 a month so when she's 21 she'll get a nice £15k present to go on a housing deposit etc So yeah, just put aside what is important and spend the rest on yourself. Edited May 28, 2015 by villarule123 Link to comment Share on other sites More sharing options...
Stevo985 Posted May 28, 2015 Author VT Supporter Share Posted May 28, 2015 That's sound advice. That's how I do it too. Or rather the majority of my bills are set to come out on the 1st of the month, and I know the amount of what doesn't. So 1st of the month all the bills are paid, whack my house mate's rent in the savings account and I know what I've got left for the month. Planning out what your outgoings are for the month is pretty much essential when you're on a tight budget. I'm a little more comfortable now but when I first bought my house I'd have gone bankrupt if I didn't plan out the month ahead Link to comment Share on other sites More sharing options...
Popular Post ED Posted May 28, 2015 Popular Post Share Posted May 28, 2015 In-call hookers are cheaper than out-call. Money to be saved there. Buy your cocaine in bulk and spread it out throughout the year. You'll be amazed how much you save. When you bet, bet on a winning outcome. That way you make far much more than on a losing bet. 5 Link to comment Share on other sites More sharing options...
mjmooney Posted May 28, 2015 VT Supporter Share Posted May 28, 2015 In-call hookers are cheaper than out-call. Money to be saved there. Buy your cocaine in bulk and spread it out throughout the year. You'll be amazed how much you save. When you bet, bet on a winning outcome. That way you make far much more than on a losing bet. Also, if money is short at the end of the month, consider robbing an off-license or post office. Don't buy a car, simply steal one when reqired. 2 Link to comment Share on other sites More sharing options...
snowychap Posted May 28, 2015 Share Posted May 28, 2015 Due to the last poster, I read the title as 'Saving Mooney - advice needed'. Link to comment Share on other sites More sharing options...
ED Posted May 28, 2015 Share Posted May 28, 2015 When at a strip club, have 9 private dances instead of 11. Money saver. The day before your rent is due, murder your landlord. That way he won't notice when you don't pay it. Link to comment Share on other sites More sharing options...
mjmooney Posted May 28, 2015 VT Supporter Share Posted May 28, 2015 Or simply forge as much money as you need. Link to comment Share on other sites More sharing options...
PompeyVillan Posted May 29, 2015 Share Posted May 29, 2015 Basically read moneysavingexpert. com. It's an excel website and you'll find ways to save money on pretty much everything you spend on. My advice is budget tightly, I've always had to and it pays off. Saving money is a almost a lifestyle choice and it doesn't affect your quality of life, but you may spend more time researching things rather than just plumping for the easy option. It's wort it though because you get more. For example, I got paid £125 to switch to a first first account recently. I'll move to a Halifax £5 a month account soon. We have a TSB current account for bills which has 5% interest, which gains us about £6 a month, and I have an M and S credit card for all my spending which is a 0.5% rewards card, and has 19 months 0%interest introductory offer. I use a 'regular savings' account to sweep money a side every month 'just in case' the car or washing machine pack in. I always get the cheapest utilities tariff and insurance quotes possible. We cook every day which means we eat healthily, what we want and it's cheap if you shop at Ald! Energy saving habits and a modest thermostat temperature save a bundle. I drive a 1.0 L Yaris, and save a fortune doing so. Never buy a new car, waste of money (gasp). I go to the odd car boot, charity shop or flea market. All of my money saving measures have become habit now and require little effort to employ,I actually quite enjoy it. I do most of this out of necessity, in order to live a comfortable life AND do all the awesome things I want to do (traveling the world!). Oh and never pay for porn. Link to comment Share on other sites More sharing options...
blandy Posted May 29, 2015 Moderator Share Posted May 29, 2015 Also to save money, don't spend it. Instead, simply put it in a jar. That way you have money in a jar (and no food). 1 Link to comment Share on other sites More sharing options...
MakemineVanilla Posted May 29, 2015 Share Posted May 29, 2015 It has always been my impression that the tendency to either squander or save money are usually facets of the personality and tend not to be alterable. One strategy I have noticed to work though, is to find a partner of the opposite hue and delegate spending decisions to the one holding the purse-strings. Even when that is the case, I have known the spendthrift partner to make purchases in secret or deploy some pretty inventive strategies for getting around it. Link to comment Share on other sites More sharing options...
Xela Posted May 29, 2015 Share Posted May 29, 2015 Thought I'd resurrect this thread instead of starting a new one. I've just moved into an apartment -- after living back home with the folks due to an unfortunate set of circumstances -- and so money is going to be a lot tighter from now on. I was just wondering if any of you smart and savvy chaps had any good advice to save money. I'm thinking of things like ways to keep your electricity bill down, or any other things that a lot of people don't know about that could save you a few pennies. Any help would be greatly appreciated. Cheers in advance, fellas. - Get rid of Sky/Virgin TV and watch Freeview. - Don't get a new phone every year, get a sim-only deal and use last years phone - Only buy essential food, cut down on all the junk that goes in the trolley at the supermarket - Change your gas/electric supplier every six months or so (unless you are tied in) - Make your own sandwiches for lunch - Earn more money by doing extra hours or a second job on a saturday. - Don't take out loans for anything. So pay car insurance, etc all upfront for the year. - Halifax Reward account pays you £5 a month for having the account (need minimum amount going in and direct debits) - Don't overspend at Xmas on presents. - Don't drink as much in the pub, have 1 or two before leaving the house if you like to drink lots. After that, throw yourself off Beachy Head as you will be miserable as sin! Link to comment Share on other sites More sharing options...
Xela Posted May 29, 2015 Share Posted May 29, 2015 Also, don't have a girlfriend/wife. Simply use high class hookers every now and again. Works out cheaper in the long run and as an added bonus, you can choose from a variety of races and sizes depending on what your penchant is for at the time. Link to comment Share on other sites More sharing options...
Rugeley Villa Posted May 29, 2015 Share Posted May 29, 2015 i have £100 go into an isa every week for when i retire and i also have £50 go into a normal savings account. its a standing order every week and i have no card for those accounts, granted i do go into my normal savings account for whatever reason but thats what its there for. im pretty good at saving money and i could probably save more if i wanted too but i think its important to have the right balance. my grandad saved near enough every penny he got and still does and what for? to give it all away when he dies. Link to comment Share on other sites More sharing options...
CrackpotForeigner Posted May 29, 2015 Share Posted May 29, 2015 i have £100 go into an isa every week for when i retire and i also have £50 go into a normal savings account. its a standing order every week and i have no card for those accounts, granted i do go into my normal savings account for whatever reason but thats what its there for. im pretty good at saving money and i could probably save more if i moved to South America. There we go. Fixed your post for you Link to comment Share on other sites More sharing options...
Rugeley Villa Posted May 29, 2015 Share Posted May 29, 2015 id be dead within a month Link to comment Share on other sites More sharing options...
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