Well it is now the big 2010, or, as some people call it 2 thousand and 10 (I think ’2010′ is much easier!) The issue that some people experience now is the shortage of money following over spending at Christmas. The hype of Christmas often causes peple to spend to much money and this can lead to high levels of debt in the New Year.

So how is it possible to save money in the New Year? We have decided to formulate an easy list of 5 money saving tips to implement for people in the New Year.

5 Money Saving Ideas

1. Cut back on needless items – things to consider here are ‘essential’ items we could well do without, for example satellite TV packages or expensive Gym Memberships. It really is cheaper to go for a walk!

2. Look at taking lunch into work rather than buying sandwiches or meals out. £5 per day on lunch works out at £100 per month!

3. Do you relly need to drive everywhere? If you look at walking you will save money on fuel, or consider public transport or car sharing.

4. Wrap up warm at home – having your heating on all the time is a sure fire way to getting stung with expensive heating bills. Look to put additional clothing on and wrap up!

5. Make a budget and, more importantly, stick to it! Go through all of your expenditure and see where you are spending most. Once you have identified these areas, can you look at cutting back here and trying save money. If you can put all of your household bills onto a spreadsheet you will have a clearer idea on how and where you can save money.

Leanne Finance Tips 5 money saving ideas, money saving, money saving tips