Blog
Save money, save Pandas

How To Save Your Money: Running Your Car for Less

For many people, owning a car can be a larger personal expense. However, there are many ways to save money on regular car costs such as insurance, new parts and fuel.

 

As with all personal finance, the more cost-saving measures you adopt now, the more money you will save in the future. The money-saving advice experts from PIWoP have put together a list of ways you can start saving money on your car expenses:

 

1. Get cashback on fuel purchases

Fuel is easily the most expensive part of motoring - so why not earn a little while your spending on this necessity! There are a number of cashback-card options available for purchasing petrol such as Tesco Clubcard credit card or Santander 123 credit card. While they only offer a small return percentage, you will be surprised at how much it add ups throughout the month.

 

2. Purchase economical tyres

When the time comes to replace your car tyres, it may be tempting to go for the cheapest available. However, this can prove to be a mistake in the long run. Not only do such tyres perform poorly against more expensive tyres but they may also hit your fuel economy and need replacing more regularly.

Look out for the EU tyre label. All tyres sold are fitted with one and it includes the fuel efficiency rating of the tyre. An ‘A’ rating means the tyre decreases the energy lost through the tyre while a ‘G’ rating is the worst performing - resulting in increased CO2 emissions and fuel consumption.

 

3. Haggle on your car insurance.

Car insurance is one of the biggest motoring costs you face annually. Figures released by the Association of British Insurers (ABI) revealed that, on average, comprehensive cover costs £462 a year.

Don’t just accept your auto-renewal quote once you receive it. Give your insurer a call to see if you can haggle and reduce it. However, before you do so, make sure you see how well your quote and benefits compare against other insurance providers.

 

If you want to find out more information about how to save your money, check out our latest money saving tip blogs. Or if you haven’t already taken advantage of our price alert service yet, then sign up here.

For example, with your car parts and auto-related purchases, you can use our price tracker service. Once any of the items you are
watching hits your ‘Price I Want To Pay’ (PIWoP) you will then be notified via email (and/or an App notification) of the new reduced prices. Tyres are a brilliant thing to PIWoP; you know you'll be needing another pair or a full set, well in advance of the winter weather. So why not PIWoP them from you favoured supplier or suppliers?

How to Save Your Money: Dream Wedding on a Budget

It’s meant to be your fairytale day - but the cost of the cake, venue, dress and the other, special touches can really add up. While the average wedding is estimated to cost £25,000, you don’t need to spend a small fortune to have your dream wedding day.

There are plenty of money saving tips and tricks you can try out when planning your big day. As experts in money-saving advice, the team at PIWoP - also creators of revolutionary price drop alert tool, have put together some of our best tips for saving money while wedding planning.

 

1. Pick your date carefully.

Don’t be turned off by the idea of an off-peak wedding, it will be as beautiful and special as a summer wedding. If you haven’t already set the date of your wedding yet, try looking into alternative dates and times during the “unpopular” months and days of the week.

In the UK, about half of all weddings taking place are in August. Other popular months are July and September. If you can avoid the summer months and embrace the cosiness of a winter wedding, you will save a significant amount of money.

 

2. Do not mention the ‘W’ word.

When booking your reception venue or DJ, avoid mentioning the word ‘wedding’ - just call your big day an ‘event’ instead. It may sound odd, but suppliers will add a substantial markup on the price if you let slip you’re planning for a wedding. This is because most businesses know that you want the best for your big day and that you will be willing to pay a premium.

 

3. Call in the favours.

Do you know an amateur Mary Berry with a passion for wedding cakes? Or have a friend with a fancy car? Don’t be afraid to ask Auntie Tracey if she wouldn’t mind making your wedding cake in place of a gift, or Kevin with the sweet wheels to give you a ride to the church. The more people you can get to do things for free on your wedding day, the more you can spend on the important things such as your dress and venue.

 

If you want to find out more information about how to save your money, check out our latest blogs.

Or if you haven’t already taken advantage of our price drop alert service yet, then register here. Start looking early for your bridesmaid dresses, wedding jewellery and decor, so you can catch them cheaper if they are dropped in price before your big day.

 

How To Save Your Money: Lose lbs Without Spending £s

For many, losing weight feels like an uphill battle - especially if going for a run isn’t exactly on your list of priorities. Most turn to personal trainers and a gym membership to help get them motivated. However, these come with a hefty price tag.

There are plenty of great alternatives to getting fit without breaking the bank. The experts at PIWoP - creators of revolutionary price drop alert tool, have put together some money saving tips for getting into shape:

1. Choose an activity you enjoy.


One of the best ways to lose weight and get fit is finding an activity you enjoy. After all, when you enjoy the activity you’re doing, it feels less like exercise and more like fun!

This could be cycling, running or even walking a circuit in your local park; all can be done for free and require little to no equipment. Activities like these are a great way to improve your cardiovascular system and get you on the road to weight loss. Trying out a few different activities is a good way to find out what works for you and what makes you feel the best.

2. Find a fitness buddy.


When starting out, it’s important to have a support network who will be there to encourage you and push you further. Studies have shown that working out with friends increases the amount of exercise you do.

Even if you’re boycotting regular (expensive) gym sessions, it’s still good to have a friend there who will keep you in check and ensure you’re not slacking! It’s even handy to have someone that can hold you to that run you promised you would do on Saturday morning; even if it doesn’t feel that way at the time!


3. Buy affordable workout clothes.


You don’t have to spend a great deal of money to have nice workout clothes, there are plenty of ways to save money on trainers and gym leggings.


For example, PIWoP is a price drop alert tool that allows you to make lists of items with the ‘price I want to pay’ feature. The online tool will notify you when they hit your desired price or below. For many, new workout attire is enough to get motivated and jump-start the fitness journey - plus everyone feels good when they discover a bargain!


If you want to find out more information about how to save your money, check out our latest blogs.

Or if you haven’t already taken advantage of our price alert service, then sign up here. You can find the lowest price on all of your workout equipment and running gear with our price tracker app today.

How To Save Your Money: ‘Back To School’ Clothes

The ‘Back to School’ rush is the ultimate nightmare for parents across the country. From pencil cases to a completely new school uniform, it can definitely add up very quickly - especially if you’re not keeping an eye on your purse.

Fortunately, the money saving experts at PIWoP - founders of revolutionary a price drop alert tool, have put together this guide of money saving advice for buying back to school supplies.

1. Start At Home

Before you head out to the shops, try looking around the home - especially in your child’s wardrobe and drawers. Pull out all of the school clothing they already have and get them to try it on. You may find that there are a few stainless shirts and trousers that aren’t too short yet in there, so these won’t need repurchasing. However, their school shoes may be completely worn out and you need to buy them again.

As you clear out their wardrobe, make a clothing list of what you need, including the sizes, so you know what to buy when you shop. There is nothing worse than picking up a skirt or trousers and then you find out it’s the wrong size the morning of your kid’s first day back!

2. Clothes Swap

In an effort to save your money, why not organise a clothes swap with a group of your friends? Our money-saving experts recommend organising a meetup with parents from the school and ask each person to bring school uniform that no longer fits their children.

You will inevitably find what doesn’t fit your friend’s child now going into year 5 will fit yours in year 3. Swapping clothes not only helps you get rid of the clothing that doesn’t fit your kids but you can go home with a school uniform that does.

3. Look Out for The Sales

When it comes to buying brand new school uniforms, children’s shoes can be a huge expense. We recommend looking for discounted shoes in the sales. As we’re heading into the autumn season, there will be plenty of sales in shoe stores like Clarks and Schuh. You can also find discount shoes online where you can sign up to mailing lists to receive offers and codes for extra money off.

For more money saving tips and advice, take a look at our blogs. Or if you haven’t already, try our price drop alert tool. You will be able to enter the price you are willing to pay for an item into our tool and find the lowest price on all the back to school supplies you need as our price tracker app notifies you as soon as that item reaches your desired price points or below!

How to Save Your Money: 4 Steps to Healthy Spending Habits

For any spontaneous spenders, the idea of budgeting can ring alarm bells - after all, the thought of having money left over at the end of the month can seem unattainable.

If you’re planning to budget for a holiday or car, it doesn’t mean you have to cut back on the things you enjoy doing in a month; eating out, going for drinks etc. Instead, money-saving advice experts explain you have to be smart with your money.

At PIWoP - a revolutionary price drop alert tool, we know how important the value is of every pound that you save. That’s why we want to help you understand how to save your money and create healthier spending habits.

1. Start by keeping a spending log.

You may have heard this advice before, but it can be eye-opening if you complete it properly. For a month, keep track of all your purchases and you will soon see patterns in your spending and where you need to cut back.

2. Write down all sources of income.

When you have a list of your income and expenses in hand, you can determine your priorities. This is where you can begin your budgeting process. For example, there will be obvious spending priorities such as housing and other fixed costs. However, you can make changes to your spending habits with things like video subscription services or your daily coffee.

3. Note down your budget in pencil.

When you write down your budget in pencil it will remind you that the budget is a fluid document. As you live with it, you will probably need to make changes in the first few months - but that’s okay! Feel free to set aside a little bit of extra money each month, as it’s better to blow a budget of £20 than to impulse-spend £200.

4. Set a savings goal and make it something specific and important to you.

By setting a meaningful savings goal, it provides you with the motivation you will need to stay on track. Try writing your goals down and leave a reminder of them in your wallet or on your computer. However, be patient with yourself if you do get off track. Developing a new habit takes practice and so you may need to learn to love this new way of saving.

For more money saving tips and advice, take a look at our blogs.

How To Save Your Money: Designer Clothing For Less

In an age of ‘fast fashion’ and online shopping we, as a nation, are constantly buying new clothes. The Great British Wardrobe Report (2017) found that Brits spend £1042 per year on their wardrobes; women spending an average of £74 a month and men spending £100 in a month.

However, for those with a love for designer clothing, just one luxury piece is enough to break the bank for a month - or a year. If you’re looking to purchase quality clothing that doesn’t cost your life savings, the team at PIWoP have put together their moving saving ideas when buying designer clothing:

1. Create a Budget

The most important thing when trying to save on your wardrobe is to budget. Figuring out what’s important to you when it comes to clothing and how much you would expect to pay will help make that budget sustainable.

Think about your life and spending money on clothes on a per-season basis - rather than by week or month. Double your budget amount and divide by 12 to get your average monthly spend. Then, open a separate shopping account with your bank and transfer your monthly budget directly into there.

2. Sleep on it

When trying to reduce the amount you spend on clothes, try the “sleep on it” method. For example, if you’re shopping and see a dress you want to buy but aren’t sure whether you really need, put it on hold and go home. If you still want it the next morning, buy it if your budget allows.

3. Shop the sales

For statement pieces that never go out of fashion, try purchasing during the seasonal sales. If you see a pair of blue denim jeans or nude high heels that are just a little out of your budget, wait until they are put into the sales.

With PiWoP’s price tracking tool, you can set up lists that include items you’ve got your eye on, even on non-UK websites, set the price you’re willing to pay for each and if the selected product goes down to this price point or lower, you will be notified!

For more money saving tips on everything from holidays to toiletries, take a look at our blog.

Home ← Older posts