Top Ten ways of spending less money

If you’ve done a budget you should have a pretty good idea of how much you spend and on what. It’s essential that you keep a roof over your head, have enough to eat and keep up to date with gas/electricity/water bills but what you do with the rest is negotiable.

The idea is to go through your expenses and make some strategic nip-tucks. This takes ruthless honesty… how strong is your willpower when your first student loan instalment (£1000+) is sitting in your bank account? Do you have a tendency to splurge on clothes or mad nights out? A weakness for skinny frappamoccacino lattes? Or maybe there’s no way on earth you’ll give up your gym or sports team membership?

Economising is not about giving up everything you love – it’s about compromising and finding cheaper alternatives so that you can still enjoy yourself.