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How to Save Your Money: Travelling on a Budget!

In recent years, the idea of exploring the world by backpack has grown in popularity - especially with young people. In fact, travelling was seen as more important than buying a house for 47 percent of young people between the ages of 18 and 34. And it’s easy to see why backpacking is so popular!

Travelling around the world is a great experience; allowing you to meet new friends, gain life experiences and try new things. However, as this section of tourism grows, it is becoming increasingly expensive to jet off to places like Australia and South America.

With an average trip costing anywhere between £5,000 - £10,000, the money saving experts at PIWoP - an easy-to-use price drop alert tool, have suggested their tips for saving money before your travels:

 

1. Keep your travelling money separate.

If you are serious about travelling, it’s important to work out exactly how much you need to save and open up a savings account. This way, you can set up a standing order to put small amounts of your paycheque into the savings account each month. It should also help you avoid spending your travel money on takeaways and clothing throughout the month.

 

2. Sell any unwanted belongings.

Say you have just finished University and you have a number of textbooks which you no longer need, why not sell them on? Websites such as eBay and Depop allow you to advertise your unwanted items and get cash to put towards your travelling fund.

 

3. Cancel any unnecessary Direct Debits.

We all have Netflix accounts or gym memberships we could do without. If you’re looking to save yourself a little bit of money ahead of your trip, why not cancel the Direct Debits you no longer need or use! Just think that £40 you spend on unused gym memberships could towards your quad biking experience through the jungle in Thailand.

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

Or if you haven’t already taken advantage of our price alert service yet, then sign up here. Our price tracker app gives you access to all the best deals on electronics to keep you entertained on long flights and helps you find the lowest price on all of your travel essentials.

Christmas Money Saving Tips

Presents, nights out, decorations, stuffing your face; it’s all a part of the festive fun! However, the joy of the Christmas period is often lost when you don’t have the budget for it all.


Here at PIWoP - providers of a revolutionary price alert service, we’re dedicated to helping you save money. Our team of money-saving experts have created some great tips to help you preserve the pounds over the festive period:


1. Set a festive budget


We all love the trimmings of the Christmas dinner and having lots of presents under the Christmas tree, but these all add up to expensive price tags. Our team’s top tip is to set a budget! We know it can be difficult to save, but it is essential to be able to afford the Christmas that you want.

Start by looking at your bank account now and find places where you can make some cut backs and cut down on some luxuries. We recommend starting this a couple of months before December hits. If you get tempted to spend your savings, try putting your Christmas budget into a separate bank account or savings accounts so you don’t find yourself dipping into it.

 


2. Start early


We all know the horrendous feeling on Christmas Eve when you have to rush around the shops desperately looking for presents and the extras for the Christmas dinner. As previously mentioned, you should start planning and organising for Christmas a few months before December.

Make a list and prioritise what you need to get first and the estimated prices. For your Christmas dinner, remember things like the turkeys will need to be ordered early and can be cheaper this way.

 


3. Christmas sales


By planning your presents, dinners and parties in advance, you can keep an eye out for different shopping deals, discount products and sales. For example, Black Friday (23rd November) and Cyber Monday (26th November) are perfect times to buy expensive presents as the majority of brands and shops will have discounts or sales. The Christmas sales are also a perfect time to shop for the latest game consoles and TVs as you can find the best deals on electronics and appliances - these are usually hugely discounted.


To save on the time spent sifting through the sales, why not set up a list with PIWoP in advance of the festive season for all your must-have items. Simply set your price and await an alert when they hit this price or below!


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


If you haven’t already taken advantage of our price drop alert service yet, then register here. Start looking early for your Christmas, and make sure you’re up to date with the latest price drops!

 

How To Save Your Money: Buying Baby Essentials

Having a baby can be expensive; the average cost of raising a child has topped £200,000, but it doesn’t have to be. It’s all about learning how to save your money on the essential baby products such as baby grows, toys and nursery furniture.

At PIWoP - providers of money-saving advice and a revolutionary price alert service, we’re dedicated to helping you save money. That’s why we have created some tips for saving money before you have a baby:

 

1. Accept hand-me-downs

Don’t be ashamed to take old baby clothing from your friends and family. If your relatives are generous enough to offer your clothes and equipment their children no longer use, take advantage of this. You will be surprised how much money you save by skipping on buying a new Moses basket and baby clothes.

 

2. Find deals and offers online with a price drop alert tool

Fitting out your newborn’s nursery can be a huge investment. According to a study by BabyChild.org.uk, the average parent will spend a total of £1,085.07 on their baby’s nursery. This cost includes everything from the cot and bedding to the paint on the walls and flooring.

If you’re looking to save some money on these essentials, why not look for the best shopping deals using PIWoP! This is what parent blogger, Little Lily Pad had to say about using our price drop alert tool:

“I can't tell you the number of times I have seen a product I want, only for the price to change a few days later. Or get a discount code from a voucher site, then to find it has expired. PiWop takes away all of this guesswork, their universal price-drop alert engine simply tells you when items you like drop in price to or below a level you choose.”

Read more about what she had to say here!

 

3. Don’t buy too much for your baby

You may see a beautiful pack of onesies for your little one but it’s important to remember your newborn will grow out of clothes fast. Don’t go mad buying lots of baby clothes - save your money by trying looking for nearly new baby clothes at NCT sales or on eBay. If you do want to buy new, supermarkets offer the best value for the baby basics.


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

Or if you haven’t already taken advantage of our price alert service yet, then register here. You can find all the best deals on electronics such as baby monitors and the latest price drops on baby clothes with our price tracker app today.

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