5 Great Ways to Save Money

Saving money is one of the most popular new years resolutions that people have. Saving money isn’t that complicated but there are probably some things you’re doing currently that are hindering your ability to save..

With this in mind, below are 5 great ways to save money in 2017.

1. Set specific monthly targets

Setting monthly targets is a very good way to save money. It’s well known that the more specific your goals are, the more likely you are to achieve them. SMART goals have become the standard when it comes to goal setting and using SMART goals is an excellent way to save money in a way that you can track.

2. Get the right car insurance policy

Getting the best car insurance policy you can is a great way to save money. Many people simply go with the first insurance provider they contact but this is not a good idea since you can easily end up overpaying. If you have specialist needs, such as a horse trailer that you need to insure then a good tip is to get cover from a specialist provider. You can get quotes from a panel of specialist horsebox insurance providers at http://www.rwst.org.uk/.

3. Consider a new career

Saving money is much easier when you have more of it. If you’ve been thinking of changing career for a while then this could be the perfect time to make the move and start earning more money. Thanks to the internet, there are now several ways you can make money from home so you’re not only limited to finding employment.

4. Get a pay as you go mobile

Most people get phone contracts to avoid the heavy expensive of buying a phone outright. However if your contract is coming to an end then you can save a significant amount of money by switching to a pay as you go sim. Just make sure your phone is unlocked so you can use any sim card with it.

5. Don’t spend to cheer yourself up

Retail therapy is now more prevalent than ever thanks to internet shopping. It’s very easy to simply spend money on things you don’t really need just to cheer yourself up. This is never a good idea and will make it very hard to save money if you do it on a regular basis. Try to limit your spending to things you actually need and only treat yourself occasionally.