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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.

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: ‘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.

Teach Your Children The Value of Money

Understanding the value of money is a basic life skill that your children need to engage in, no matter what their age. At around five and six years old, children begin to develop the cognitive skills to understand basic monetary concepts, such as identifying coins and count change. Equally, teenagers who are gaining control over larger amounts of money or even have weekend jobs, need to grasp a better understanding.

The experts at PIWoP are campaigning to help parents teach their children that things aren’t always ‘on demand’ and that there are financial benefits to patience over this ‘now now now’ approach.

Here is their money-saving advice for parents, as a guide to teaching children and young teens the value of money.

1. Teach them to save

Get your children excited by the idea of saving by purchasing them a piggy bank. They can then put all of the money you give them in their new bank - helping them grasp the concept of money more effectively as they can physically see it.

The main aim of PIWoP’s campaign is to teach them that not everything needs to be now. If your child tells you they want something expensive such as a book or big toy, help them figure out how much they need to save by setting a weekly goal.

Without this understanding of saving, your children might not be able to achieve their long-term goals of buying a car, going to university or purchasing their first home.

2. Set a good example.

When it comes to managing finances, your children will mimic your behaviour. If you’re the type of person who saves up to buy something then it’s more likely that your children will do the same. On the other hand, if you are quick to turn to credit cards when funding non-essential purchases, your children are likely to follow in your footsteps.

One way you can set the right example is by including your older children in some of your financial decisions, especially when they reach their late teens. This could include showing them how you shopped around to find a better deal on your current account, or sitting down with them to work out a monthly budget.

Sharing tales of the financial mistakes you made when you were their age will help to highlight the dangers of poor money management.

3. Start with a small allowance.

Learning to have responsibility for your finances should not be something that’s left until your children are fully-fledged adults with a job. You can help them understand this by providing them with an allowance each month. It doesn’t have to be a lot, just a small amount that would be enough to buy sweets and little goodies.

Then, the next time you go shopping with your children, encourage them to bring their money along in case they want to purchase something. They will most likely blow their first allowance and expect you to pay for the toy they desperately want - but here’s the first money lesson for them: they will have to way until their next allowance day.

4. Let them make mistakes.

Every parent knows how children get when they have free rein in a shop - it’s utter chaos! And this could not be truer when the kids have their own money to spend in the shops.

If they want to waste all their savings on a new Xbox game or cuddly toy they will only play with once, let them do it. This will help them realise that purchases should be considered and teach them the difference between short-term enjoyment and long-term investments.

If you want to read more money saving tips from the PIWoP team - creators of the only universal price-drop alert engine - take a look at our blog.

 

Money Saving Advice This Summer: Packing Your Suitcase for Less

Summer is slowing creeping up on us and people are starting to book their holidays. Along with this usually comes the desire for a new wardrobe. It’s 2018 and everyone wants to look Instagram ready in the finest summer clothes and accessories. However, with women spending on average of £245 on holiday clothes alone, many are seeking money saving advice.


One excellent use for PIWoP is to use it as a shopping deals app. Found the perfect beach bag or pair of sunglasses but can’t justify paying full price for them? Simply enter the details into the tool along with the amount you’d like to pay and we’ll send you a notification when it meets or falls below the price you specified!


We have a few other handy money saving tips when it comes to holiday shopping and making the most of those few summer essentials.


Buy a few versatile pieces


So you’ve found a pair of sandals or a dress that you can’t do without and you’ve spent a little more than usual on them. Save money elsewhere by choosing affordable accessories to dress them up or down. Rather than overspending and buying a different outfit for every day, save money for the holiday itself.


Think about what you need


If you’re going on an adventure holiday and as a result will only need a couple of evening outfits, don’t be tempted to fill your suitcase for the sake of it. If you’re going to be lying by the pool every day, how many handbags do you really need? Thinking about what’s essential is a quick and easy money saving tip as it helps people to identify where they are spending unnecessarily.


Find the shopping deals yourself


Using a shopping deals app like PIWoP will allow you to find discounted clothes as soon as they go down in price. You no longer have to wait for emails about sales or browse the stores, instead, we’ll notify you when the item you are looking for meets the price you’re willing to pay for it!


For more about how you can get the best shopping deals, check out the rest of our website!

Money Saving Tips with PIWoP

When it came to designing PIWoP, we wanted to create a tool that would help consumers save money as well as save time.


Our tool enables users to list an item they want along with the website it is from and state the price they want to pay for it. When the item has met or fallen below that price, we send you a notification! However, we have plenty more to offer when it comes to money saving advice.


We know that savvy shoppers love grabbing a bargain – the place with the best deals is influencing where people do their shopping now more than ever. Last year it was found that two thirds of British shoppers chose discounted brands such as Lidl and Aldi.


So, here are a few money saving tips for both online and offline shopping:


1 - Be savvy towards what is really most affordable


If you’re wondering how to save your money when doing your food shopping, check if special offers really are saving you cash. For example, sometimes a larger pack of something might be on offer, but you might actually get more for your money if you buy two or three smaller packs of the same item.


2 – Leave items in your basket


One piece of money saving advice that is becoming popular across the internet is to leave items in your basket on shopping websites. While this frequently happens because people abandon their baskets when they see the price or simply forget, it can actually be a way to purchase the product for cheaper. When a website picks up on the fact you have left items unattended, it’s been found that some will send you a discount code or coupon to encourage you to complete the purchase.


3 – Don’t be tempted just because something is on offer


Everyone knows how tempting it is to buy something because the offer seems too good to be true, but remember not to get sucked in just for that reason! One easy thing to do when it comes to knowing how to save your money is to be sensible and quite simply only make the purchase if it’s something you really need!

 

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