Top 10 Ways to Be Money Smart In 2021
It’s money smart week from the 10th to the 17th of April, and being money smart is more appropriate than ever this year.
While some people have been fortunate enough to keep working, others have been furloughed or unemployed for long periods as they seek to get back into work.
Whatever your circumstances, we have ten tips to help you manage your money better in 2021.
Different ways to save
1. Cut down on groceries
If you’ve got a brigade of hungry mouths to feed, this might be a little trickier, but you could try and cut down your food shop. Even taking £10 a week off would give you an extra £40 per month. And if you’ve put on a few pounds in lockdown, you might be able to lose them, too!
2. Review your subscriptions and memberships
Subscriptions and memberships can take up a decent amount of your wage, depending on what you subscribe to. Don’t get rid of things you use and enjoy, but you could save some money by cancelling them if you don’t need something.
3. Use an automatic savings account
Most banks now offer a service that automatically transfers money when you make a purchase. For example, if you spend £1.89, it’ll round it up to £2.00. You’ll be surprised at how much you have at the end of the month!
4. Stop buying brands
Technically, you’re always buying a brand, whether it’s Fairy Liquid or Morrisons own washing up liquid. Think of products you buy where you don’t need to buy the ‘best brand’ or the most well-known brand and save a little cash there.
Making extra money
5. Sell your unwanted books, CDs and DVDs
If you’ve got a collection of books, CDs and DVDs lying around, you could sell them and generate some cash. All you have to do is use the We Buy Books selling basket or download our app; send us your items for free, and we’ll pay you the day after we’ve checked them.
6. Sell other items on Schpock or Gumtree
If you’ve got other items to sell, use Schpock or Gumtree to make some cash and give your items a second home. One man’s trash is another man’s treasure, as they say.
7. Monetise your hobby
If you don’t think you’ll ruin your hobby by monetising it, you could make some extra cash there. For example, if you play an instrument, you could offer tuition, or if you write a lot, you could start a book or a blog.
8. Make a little extra cash driving or delivering
The only way you can’t make money delivering something these days is if you’re on foot. If you have access to a van, car or bike, you can use services like Uber and Deliveroo to make some extra money.
Get 10% on your total payout with We Buy Books
If you use We Buy Books for the first time, we’ll give you an extra 10% on your total payout! Here’s how to do it: