Now Christmas is over its time to draw in those purse strings and start searching for that perfect summer holiday. If you’re dreaming of sun, sea and sand while still digesting that last mince pie, its time to begin your summer holiday savings fund. Cash Genie presents our top 5 ways for you to save money…
1- Update your Finances – Now the hangover has cleared its time to check your statements and see how your bank balance faired over the festive period. Those extra Christmas presents and new years drinks have no doubt left a dent in your finances so now’s the time to get up to date with where you are.
2- Direct Debit – Set up a direct debit so a percentage of your wages can be safely diverted into that holiday savings fund. Saving a small amount each month will ensure you have enough money for that perfect summer holiday whilst not affecting your day to day lifestyle.
3- Shop Around – By shopping around you can save that extra cash for that first cocktail on the beach. Shopping around can help you cut that weekly shopping bill freeing up extra cash for the holiday fund. Cash Genie recommends the following links to help you shop around…
http://www.moneywise.co.uk/shoppingbasket
http://www.mysupermarket.co.uk/content/saving-money/new-steps-for-new-savings.aspx
The following graph provides another helpful hint to cutting that grocery bill and saving for your holiday.
Comparison Graph
4- Home Comforts – The days are short and the nights are long, a good way to save money is to stay in and enjoy your home comforts. Avoid braving the cold for those few drinks with friends and get comfy on the sofa, a few nights in will make a big difference to the holiday fund.
5- Leave the Car at Home – Cut your fuel cost and get that perfect holiday body by leaving the car at home and walking to work. All that money spent on fuel could be saved for drinks in the sun and while your walking to work you know your building that beach body.
Cash Genie has suggested these top tips for saving money but don’t forget a short term loan is a great way to get instant cash for those last minute holiday essentials. Visit http://www.cashgenieloans.co.uk