I think it’s fair to say that we’re all feeling the impact of the cost of living crisis right now. From Brexit to COVID-19, it was only a matter of time before it had a severe impact on the economy and ultimately – on our bank balance! Saving money in the cost of living crisis sounds impossible but it’s something that can be done. Despite what you might be earning, we’ve thankfully got a lot of opportunities to save money on our everyday spending whether that’s online or offline.
Introducing Deal A Day – a bit like Jack’s Flight Club where you get access to great savings on flights all over the world. With Deal A Day, it works in a similar way, offering customers some great deals when it comes to their shopping. Wouldn’t you want to save £3,000+ a year for £2.50 a month?
Deal A Day is an independently owned business by coupon expert Jordon. Jordon himself has been deal hunting for 11 years now, scouring the web for all the best deals every day. As a result of finding such great deals, he decided to pass down this knowledge to the general public in the hopes that he could save many £1000s every year.
This is a subscription service that has come at an ideal time and the cost of it is less than a cup of Starbucks each month. With Christmas coming up and other financial commitments such as birthdays, weddings, etc, to pay for, it makes sense to take advantage of any opportunity to save money, right?
The site claims that on average, users will save up to £8 from Email deal alerts every day, meaning you could be saving up to £3,000 per year! The process of signing up is easy enough, you simply pick your subscription whether that be a one-month rolling contract, six months, or an annual subscription.
If you’re struggling with the cost of living crisis there are plenty of services to turn to in order to get help, including charities and organisations. Deal A Day is a great way for the average household to save a bit of cash on their expenditures online. Here are a few of my suggestions on how to save more money in the cost-of-living crisis.
1. Start budgeting your money now
If you aren’t already doing so, start budgeting your money now. It’s important that you’re doing what you can to improve your monthly outgoings and a budget can give you a clear insight into how much you’re spending every day, week, and month.
It’ll give you clarity on how much you actually have to spend each month and perhaps present ways in which you can save money through budgeting a little better. Most people don’t have a budget plan at all, so it’s beneficial to start in order to help save money.
2. Save money each month and act like it is a bill
If you’re not already saving money each month, then make sure you’re doing it from this month’s paycheck. A good way to save money (meaning any extra money you have after all the essentials are covered) is to take money out of the account as if it’s a bill. Set up a standing order that removes X amount of money from your main account, perhaps putting it into a cash ISA or savings account that you can’t touch.
Then you can just forget about it. After a while, that fund will build up and it can be a useful rainy day fund for when you get nasty household surprises or want to treat yourselves to something that month like a holiday for example.
3. Cut down on the luxuries
Cutting down on luxuries is a good way to help save yourself money. It’s hard to stop treating yourself – let’s be honest you deserve the treats. However, when it comes to the cost of living crisis, purse strings have to be tightened in order to brave a storm that will eventually pass – hopefully.
Try to cut down on the luxuries that you don’t really need right now and can get away with not having for a little while.
4. Switch providers for your monthly outgoings
Your monthly outgoings that are fixed like your gas, electricity, and mortgage payments are something you can’t get out of. With that being said, there might be better deals out there. While it might take some effort on your part to source those deals, it’s time well-invested if it helps you save a lot of money in the process.
To give Deal A Day a try, make sure to sign up here, choose your subscription, and start saving money! Let me know in the comments below if you end up giving it a go. They offer a free 14-day trial in order to see if the service is worth it before paying. That’s always a good sign that you’ve stumbled on something good!
*Disclaimer – This is a collaborative post with Deal A Day. All words are my own.
