Money saving tips: How to save up to £1,300 by the end of 2022

Gary Usher shares his money saving meal recipes

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With the new year approaching, many people may be making resolutions to save money and may not know where to start. Experts at Which? have highlighted several money saving hacks and tricks which can increase the amount people save each month.

Britons are urged to see if they can get cheaper deals on their subscriptions and services annually to see if they can get a better deal.

People should haggle over everything from their home and car insurance renewals, mobile phone contracts, broadband bundles and break down services.

Haggling may not come naturally to many people, but Which? research suggests that it’s easier than people may think and for some purchases it’s becoming common to question the price.

This amount can be rewarded even after fees may be taken for using the card.

People should be aware that when using credit cards, it’s important to pay the balance in full to avoid interest, and extra charges.

Most major online stores allow people to shop via cash back websites.

These sites can pay people a cash reward every time they buy on that website, on top of the cash back that may be earned on the credit card.

Shops offer points or vouchers to spend with them in return for their loyalty.

For example, Tesco offer a Clubcard for their customers, and they get discounts off of their food shop.

Which? experts found that their users have saved £263 a year by using these sites before they buy.

Price comparison sites scan through selected retailers’ products to find the cheapest deal, whether people are searching for clothes, games or more.

Another useful tip when shopping online is abandoning the basket. Some retailers may send discount codes to encourage people to finish their orders, saving people some extra cash when they buy.

A few minutes of someone’s time can help them save over £1,000 by the end of next year.

Taking the time to find the best deals online can make all the difference.

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