Lime & Soda, did you know that in the UK its free for soda in most bars and restaurants so you only pay for the lime cordial which is always less than a pound. This little trick has helped me to save money – no really it has! Instead of ordering a coke with dinner or at drinks go for a lime & soda so you’ll save at least £2 each time, over 6 months that could be an additional £100 saved!
One of the many barriers to heading out on an adventure is unfortunately money! It takes so long to collect but goes so quickly – what’s with that?! And realistically before you commit to a trip you need to ask yourself, can I afford this or can I save enough to fund my adventure before I go?
My situation before I took the plunge to go to Australia was that I was in a full time managerial position earning a salary. So even though I had a huge pile of outgoings, I was still able to save whilst living and whilst still enjoying myself in Bournemouth.
Don’t get me wrong it was TOUGH, I planned my meals based on the cheapest ingredients, went out far far less, I didn’t go clothes shopping for around 8 months and I had to only drink cocktails if they were on happy hour (hard life).
Make a plan
I am a huge fan of an excel spreadsheet and this is where I began! I looked at all of my monthly outgoings by checking out my online banking, this included:
- Car Insurance
- Car Tax
- Phone Insurance
- Gym Membership
- Now TV
- Credit Card Repayments
I looked at all of these and thought.. where on earth can I make cuts! The only one I could get rid of easily was my Spotify at £10 a month, which over a year saved me £120, it just wasn’t a necessity. I toyed with the idea of sacking off my gym but it was winter and I knew I’d want to go before I left, and plus I love Pure Gym! I did however notice I was paying a crazy amount for my phone, so off I went to the 3 store and got a much cheaper deal (£30 cheaper, it pays to ask!)
So once you’ve totaled up your incoming – your outgoings you’ll be left with what you can live on and what you can save.
I worked out from this that I could budget £25 a week for food (I shop in Lidl and its just me so this was easy!) and £60 a month for petrol, I could then justify putting away a large amount and still have £60 a week to live on.
Now £60 a week seems loads BUT you will be so painfully surprised of how easy it is to go over this.
My best tips I can give you for saving are:
- Keep track of what you spend in the notes of your phone
- Be strict with yourself
- If you can’t afford it, don’t do it!
- If you find yourself tempted to buy something, ask yourself, do you need it and will it be useful for your trip
- Make the most of online discounts – sign up to newsletters for voucher codes and student discount if your eligible
- Use sites such as Groupon, Wowcher and Last Minute
- Keep an eye out for happy hours or days when restaurants offer % off – use Tablepouncer or Tastecard
- Switch from Coke in pubs/restaurants for Lime & Soda!
- You don’t HAVE to spend your weekly allocation – if you don’t spend it that’s more money for your trip
- Get a money tin, if you’ve got a couple of quid in your purse, pop it in your tin!
- Suss out your food shop – are you wasting food or eating a bit too luxurious? My go to is Lidl, its a dream for low cost food
- Sell your stuff on eBay, Facebook, Gumtree or Boot Sales
- Consider getting a second job, but don’t forget you WILL get taxed more and you might not actually earn enough for the time spent to be worth it.
It seems stressful but its totally doable, have a plan, stick to it, save as much as you can, don’t buy things you don’t need and remember the end goal! I mean, imagine if you missed out on some amazing experiences because you fancied buying a new pair of shoes….
If you want anymore advice on saving money drop me a comment below and subscribe to keep up to date with my tips and adventures!