Hey guys its Alice again.
and welcome to
another video
Today's video is about budgeting
and how to save money
how to be a little bit more frugal
and just to save yourself some pennies
and not spend so much because I am so guilty
of that and I'm sure you are too
I'm sure if you've clicked on this video
you're in desperate need of trying to save
or you just need to learn to stop spending so much
so I really really hope these tips are helpful
if you have anything else you want to add
to the conversation
Leave a comment down below
Don't forget to give this video a thumbs up
if you enjoy it and if it's helpful
and we're just gonna jump right straight in
Tip 1 is very very important
figure out how much money you need to survive
so be strict
on yourself but work out what it is
you need to pay for every month
what it is you'd like to spend on going out
every month
and work it all out
write it down
you can download spreadsheets
and just figure out what money you need
to have coming into your bank account
every month
and what you are going to spend
once you've worked that out
you need to set yourself
a realistic budget
so budget the money you have and make sure
you save a little bit at the end
to put into a savings account
so say you like to go out for a meal
every other week
so save yourself around £70 to do that
and stick to that budget
keep a eye on the money you're spending
and hopefully by the end of the month
you will be able to save a little chunk
and put that into a savings account
in terms of saving that money
i know people find it very very difficult
and what I do
is set myself up
a direct bank transfer
so it does it automatically
after a few months
you'll look in that account
and realise you've been saving money
without even realising it
it doesnt even have to be a big amount
for example i save
£5 a week for my car insurance every year
and it just does it
without me realising
and that's the best way to save money
because it doesn't hurt so much
because you don't even notice its disappearing
another thing that
is kind of to do with
being a bit more frugal
is to make your coffee
at home
and i mean i not a coffee addict
i dont even
like the drink
but i see so many people
spending their money in
posh coffee shops
when really you can try
and make one yourself at home
or at least
if you're majorly addicted to coffee
or like whatever fancy drink you like
to collect on your way to work
or on your way to uni or wherever you're going
just get one of those refillable cups
because I know
places like Starbucks and Costa
take some kind of money off your drink
if you bring your refillable cup in
so at least if you're gonna get your fancy coffee
you're saving yourself a bit of money
in the process
one that I
always try to stick by
but I'm still not that good at it
is to use cash instead of card
because when you have the money physically
in front of yourself and you can see it going down
in numbers
it kind of makes you not want to
spend that money
so for example if you've got a £20 note in your purse
i never ever want to break into a £20 note
and i make conscious decisions
to not do that
but if I
was going to spend £20 on my card
i wouldnt think about it
because i cant see it
so try drawing out like whatever
money you need for the week
at the beginning of the week
and then spending that throughout in cash
and whatever money you do have left over
you can put in a little tin
and that can be your way of saving
another thing to do with the money that's left over
in your purse
is to either
chuck all the shrapnel
that you have left so the coppers, the 10ps
the 5ps all the things that you can never be bothered
to count up
chuck them into a jar
and save them
or
you can go into your local supermarket and you
can use the self service machines
and i literally
just chuck all the coins out of my purse
in the self service
and its amazing how much money you have in there
in there
you didnt realise you have
and you feel a lot less guilty because you dont have to get a cashier to count it for you
the machine does all the work
number six is one
that I have not actually tried myself
but i really want to
and this is to do no spend day
so do a day when you avoid public transport
for example
make your own lunch when you cook dinner
with things you already have in your fridge
just try and have a day without spending any money
so even
just going to the shop and picking up a cereal bar on the way to work
try not to do that
try and take one with you
i think thats a really interesting one
and it'll be so interesting to see
how easy it is to do that
just like a few days a week
number seven is one that i've seen
a lot more often recently
and it is to sell your old clothes
so if you've got good quality clothes
sitting around in your wardrobe
that you dont really wear anymore
im sure someone else
can give them a great home
and will pay something for them so use
something like Depop or Ebay anything kind of similar to that
and sell your old clothes i mean
its easy
number eight is
one that will take a little bit of practice
but try and make informed spending decisions
so learn what to say yes and no to
for example the other day
i really really wanted to go and get a pudding
and i almost walked into a pub
and paid £5.75
for a pudding
what i realised was that
if i went to my local shop
and bought a pudding from there it was like
a pound and
i had myself 3 nights worth of pudding
for £1 so
make informed decisions
maybe say no sometimes
to things your friends want to do
definitely say yes don't restrict yourself
just because you're saving money you still want
to go out and have fun
but just be a little but more aware of what you're saying yes and no to
number nine is one that I learnt
very very quickly
when i first went to university
and this is never to shop when you are hungry
because you are going to buy the whole store
you're gonna buy stuff that you probably dont even need
and you're gonna spend alot more money than you planned
so make sure you've eaten
before you've gone to a shop to go shopping
and make sure whenever you do go shopping
to make a list
and stick to it because otherwise you're
gonna be getting things that you thought you needed
and then you dont end up using and you'll throw it out
and you've wasted your money
the next one is one that i really really enjoy doing
and it gets me away from my usual kind of routine
and this is to take on odd jobs
so whether it be
walking a dog
or
washing someone's car
like little odd things that you can do
that dont take up too much time
to earn that little bit of extra money
for me what I do is
drawing so i will offer
my drawing services to people
they want a really nice drawing
and I get paid for doing that
and that's my way of earning extra money
you find your little way of doing that and
stick to it it's like a good little pocket money saver
and the final one is one that I hadn't used
until recently
and this is to use cashback websites
i use a website called TopCashback
there are a few around so i mean have a look
but basically
if you are gonna spend money online
this kind of adds a little extension into your internet browser
and it gives you cashback
for buying stuff
which all adds up y'know
it's not alot but if you're getting £2
for spending money you might as well
so I'll leave the link to TopCashback down below
there are a few others
but that's definitely something
that i wish i had found earlier
so those are my quick little tips for budgeting
let me know like i said at the beginning of the video
if you have any tips
for me down below i'd love to hear from you guys
Don't forget to give this video a thumbs up if you did enjoy it
i love you guys alot
thanks for watching
and i'll see you soon for another video
Bye!