On this episode of the Money Confidence podcast, Sarah and Georgia talk about ways you can reduce your expenditure.
KEY TAKEAWAYS
There are lots of ways to reduce your expenditure and all the little cut backs you can make will really add up over the longer term.
Review your direct debits and subscriptions and look at those you don't need.
Shop around for cheaper deals. There's some good comparison sites that can help you with this.
Look for offers, discounts and vouchers so you don't have to pay full price. On the O2 priority app you can get things for free.
Swap brands for cheaper versions.
Cut back on convenience buys, such as takeaways coffees and food.
Don't forget about student discounts if you qualify.
unsubscribe from emails that tempt you to spend money on things you don't really need.
When you put an item in your basket online, wait 24 to 48 hours before you buy it, so that you have time to think about whether you actually need it.
Please get in touch with us through our email address, podcast@thegoodmoneycoach.com. We will read out your messages on the upcoming episodes.
BEST MOMENTS
'We have cancelled our Netflix.'
'Just have a look at things you don't really need anymore.'
'Shop around for cheaper deals.'
'You could shop around for your current bank account.'
'I got a student discount at the pub.'
'I've tried an alternative tomato ketchup, and I'm like no.'
'I never have time in the morning.'
'I've given up alcohol so I'm saving a lot not drinking alcohol.'
'When I was a kid we used to make perfume with flowers.'
'The other day they had a free breakfast so we went and got one.'
You could get a coffee once a week and it'd be free.'
'I'm a sucker for a bargain.'
'Every little helps.'
'Don't switch your teabags.'
'Knowing you, it'll break down next week.'
'I've not had an alcoholic drink for 17 days.'
ABOUT THE HOSTS
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
CONTACT METHOD
E: podcast@thegoodmoneycoach.com
W: https://www.thegoodmoneycoach.com
IG: https://www.instagram.com/sarah_talks_money/
LI: https://www.linkedin.com/in/sarah-blyth-chartered-financial-planner-and-coach/
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