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Easy Ways to Save Money With Your Bank

If you really want to save up some money it is helpful to be more aware of how to make the most out of your bank account. The experts on how to save your money, the team at PIWoP, the price alert service, have come together and outlined the top 3 ways in which you can save money with your bank.

Use your rewards carefully

If you use a cash back rewards incentive programme you are guaranteed a percentage of what you spend back into your bank account to do what you want with. When receiving cash back, it’s a great idea to plan how you are going to spend it instead of splurging your money. With that bit of extra cash you may find it useful to use a price tracker tool like PIWoP. By being smart with your money, you can cut back on unnecessary purchases and only buy when the item reaches the price you want to pay. Simply 'share' with PIWoP if on a phone, or click the 'PIWoP it' button in your browser, of that TV, Ipad or new computer you’ve found
online to a ‘tech’(or whatever you choose) list on PIWoP, set the price you’re willing to pay and the tool will notify you when the item is reduced to or below that price. You can register for free and then download the App and/or browser button at www.piwop.com 

Automate your savings

By setting up an automatic transfer in to alternative accounts on pay day, you are ensuring that those funds are put away safely and not spent. By having your money separated early on, this makes it easier for you to budget and be sensible with your spending. Not only this but you can see how much money you are regularly saving which is a great boost of motivation to keep up your budgeting habits.

Choose the right account

Consider what you are saving for and when you are likely to need the money. If you have short-term goals then you may be more suited to a savings account, however, if you are putting funds away for a house in the future, then consider ISA’s or more long-term investments that tend to tie your money in for a longer period but offer better interest rates as a result. It’s important to choose the right account for you. The team at PIWoP know that every person’s saving journey is unique and their tool is available to support individual’s needs.

If you would like to find out more about our price tracking tools, click here

How to Save Money on Your Summer Wardrobe

Summer is just around the corner and many of us are already eyeing up the latest collections ready to be featured on the rails of our wardrobes. According to Mintel, Britain spent almost £1 billion during the summer and many predict that this year will be no different.

Whether you’re in need of a new wardrobe, or simply need to update some key pieces, you might be wondering how to save your money. With this in mind, the experts at PIWoP have shared their top money saving tips for saving on your summer wardrobe.

Shop With Cash (Only!)

At some point in our lives, we’ve overspent on our credit cards just to have an extra treat. By shopping with cash, you’ll only be able to spend what you can afford. If you don’t have enough money to buy those £120 shoes, then you’ll simply have to save for them instead. Alternatively, find them online, set the price you are willing to pay for them using PIWoP and then all you have to do is wait for it to reach this reduced figure!

Hit The Outlet Stores

If you love designer clothes, but love low price shopping, even more, try shopping at outlet stores instead. Designer outlet stores like T.K Maxx and Gunwarf Quays are a great way to save money on your summer wardrobe but be careful, with so many bargains, it’s easy to load up your cart with non-essential items and rack up hundreds of pounds.

Shop Trends Carefully

That snakeskin dress might look nice now, but can you see yourself wearing it more than once? Some trends are destined to pass quickly and should be avoided by the budget-conscious. Instead of splashing the cash on fast fashion, invest in quality pieces that you can update all year round; not just for summer.

Look For Online Deals

Everyone loves a bargain! When it comes to saving money on your summer wardrobes, look out for discounts from online retailers. You can also sign up for email newsletters, to get exclusive coupons and deals as well as being the first to know when they have a sale on. However, if you cannot find the product you want at a price, you’re willing to pay, why not try PIWoP?

At PIWoP, we have created a revolutionary price drop alert tool that allows you to track the price of products you want until they have reached the price you want to pay. It’s safe and simple to use on both mobile and internet browser.

Start saving and register your interest today!

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