If you’re an entrepreneur, side hustler or someone thinking of starting a business then I am sure you will be keeping an eye on those pennies. Those pennies, pounds, and notes will all aid you in your ventures of getting your business off the ground. So while you’re getting started what are some easy ways you can save money? From the suggestions below you could put the money you would of spent away as an extra source of funding for your business.
Make a packed Lunch
Now this is super easy and no I am not talking about taking a little Tupperware in with square jam sandwiches and carrot sticks and a chocolate bar. I mean you could do this if you wanted too- I’m not judging. Packed lunch doesn’t have to involve all the effort you think it does – it could be leftovers that can be warmed up in the microwave at work. The only work this involves is maybe cooking larger portions at dinner. Equally you could easily rustle up a salad or tasty sandwich the night before and throw in some fruit and maybe a 3pm treat in there. I’m guessing the average lunch cost is about £4.50 that’s a weekly saving of £22.50
Don’t buy a coffee everyday
Simple but true – many people will buy a coffee at least once a day some maybe 3 times! I believe a lot of people buy a morning coffee if they are going to buy one at an average cost of £2.50. Which if you can imagine if at least one coffee is brought everyday that acquits to £12.50 a week. So save this money buy making a better quality coffee at home and taking it in a portable cup such as the keep cups! They’re so cute- check them out. If you most drink coffee out- then purchase a reusable cup as many coffee chains are now offering discount of as much as 50p for bringing a reusable cup. By Cutting back on buying coffee out or using there cups you will not only start to see savings but you will do the environment a whole host of good as we tackle plastic pollution. ( there is hidden plastic in coffee cups which makes them very hard to be fully recyclable).
Be clever with your nights out
Now you’re noticing a trend aren’t you? Its all about purchases and behavior patterns. So Thursday or Friday drinks might be a regular fun night out for you with work. But it can cost you a lot, weekly drinking and nights out are not just expensive but they are bad for your health with all the extra calories and the other effects of alcohol. Now I am not saying you should or shouldn’t drink but if you want to save money make sure you drink smart. Maybe try and find the best local happy hours and be the driving force in getting your work colleagues and friends to drink there. Alternatively you can still go out with everyone, just have more soft drinks and you will see the cash remain in your pocket longer. The average weekly spending on alcoholic drinks in 2015/16 was £7.80.
How much do you spend? Do a little Maths and see if cutting back on a couple of drinks could amount up to a nice saving sum for you.
Save money on experiences and days out
We all love a day out so you don’t need to stop discovering the world and enjoying life. But be smart about it to have the greatest experience with the greatest savings. Have you used sites like Groupon and Wowcher? They are great for grabbing experiences with a bargain. I have used them many times myself. Rather than picking a nice restaurant for your friends birthday that will cost you an arm and a leg. Check out their restaurant deals where you may only be paying half an arm. Bargains to be had!