Here at 1Plus1 Guarantor Loans, in this series of blogs, we want to help you save and make money.
1Plus1 guarantor loans have some savings and money-making suggestions to help you be better off financially.
When you shop online checking whether you can earn cashback is a great money-saving habit
Some well-known brands will even pay you cash if you go via an external website first when buying something from them.
TopCashback, My Money Pocket and Quidco, give you the opportunity to get back a percentage of what you spend with certain retailers. Cashback is paid in one to three months of making a purchase. So, letting it accumulate, you could end up with a decent pot after a year.
Many major banks and building societies offer tailored cashback schemes that pay up to 15% when you spend with your debit card in-store and online, but you will need to activate them. You can do this through your online banking or mobile banking app. Once you’ve selected the offers you want, you just need to spend on your linked card to earn money. The cashback opportunities are tailored to your spending habits
With many subscription services, you can still have your own account but these let you share the same benefits for a cheaper monthly fee.
Spotify Premium for Family, as example, allows up to six people living at the same address to share a subscription for £14.99 per month.
You could save up to a whopping £539.40 over a year rather than taking out personal accounts for £9.99 a month each.
Hundreds of millions of pounds are lying around in lost or forgotten bank accounts, savings accounts and old investments.
Finding it can be quite easy if you think you might have an old account.
Check out the Which? guide on how to find lost bank and savings accounts to help you get your money back.
Clearing out your clutter by selling items you don’t need or never use could be doing you a massive favour – not just financially. It can also help you to be able to buy the things you really need with the money, or put it in a savings account.
Some of the biggest sites where you can advertise items you want to sell, complete with images and descriptions for free are Vinted, eBay, Gumtree and Facebook Marketplace.
You can sometimes earn money by renting your home to TV production companies, or renting a room via websites like Airbnb, although it might be harder to do this during the coronavirus crisis.
Alternatively, you may opt for listing your driveway or garage on sites like JustPark and YourParkingSpace to earn money from motorists searching for a cheaper or guaranteed parking spot especially near city centres and train stations.
It’s up to you what you charge. The going rate depends on location, demand and facilities such as lighting and security.
Vehicles, evening dresses and household tools are among the most commonly rented items on these sites, and you can set the price and length of time you are willing to lend your items for. Just be sure you know who you are renting to and take a deposit. Cars should be insured!
Last updated: 12/04/2021