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Saving money is challenging, particularly when the sun is out, but there are ways to work around this and save the pounds and pennies. Whether this is through opening a saving account or saving the money in a tin, you can begin to save money for a financial emergency or even a holiday with ease. In this article, we are giving you some money saving essentials to help you save up a large sum of money in no time at all.

Set Monthly Savings Goals

Money saving goals are the perfect way to save money for a rainy day during the summer holidays. If you begin January saving £100 a month, you will then have a significant amount saved for when you need it during the summer months! Although it may seem tempting to dip into this savings account, it is important to avoid it where possible. Whilst it may seem tempting to opt for no guarantor loans to stretch the budget, it is important to remember that they are for financial emergencies only and alternative funding will be needed to fund such rainy days.

Use Your Leftovers

One way that you can save money is to make the most of your leftovers. Rather than throwing away the salad from the barbeque, take it into work the next day. This will not only help to reduce the amount of waste that your household produces, but it will also save you money when it comes to buying lunch. By planning your meals every week, you can ensure that you have just the right amount of food to last you without being tempted by unhealthy snacks.

Shop Smart

Another way to save yourself is to create a shopping list. Not only will this help you to save money in the long term, but it also allows you to stick to a healthy diet with ease. By planning your meals and creating a shopping list, you will stick to a strict budget, allowing you to spend the money saved elsewhere. Though this can take some time to get used to, this is a simple changed that could save you a minimum of £50 per month on your weekly food shop, which is particularly beneficial for those with a family.

Collect Loose Pennies

The final way for you to save yourself money leading up to the summer and throughout the year is to collect loose pennies. By placing a jar in the living room or kitchen counter, you can begin to collect the loose change that is often rolling around in your purse or wallet. This can then be changed up every 6 months to give you a little bit of extra cash should you need it. This can then be spent on a train ticket or even parking, allowing you to make the most out of the loose change you find lying around the house.

However you decide to save your coins throughout the course of the year, you can be sure that any of the above saving tips will be highly beneficial for you. Which one will you start with?

Downtown Magazine