We all know how difficult it can be to save money nowadays but don’t worry, as there are ways in which you can turn your financial situation around. If you are always short on cash when it comes to the end of the month, then it may be time for you to use a price drop alert tool, such as PIWoP.

By utilising PIWoP, via its app or browser you can start making the right steps to saving money on your purchases throughout the month. This revolutionary tool helps users keep track of products they want to purchase and the price they would pay for it. When the product reaches the desired price, the price drop alert tool will notify you and you can purchase it if you still want to.

In today’s blog, the team at PIWoP have listed three simple ways in which you can save money on your purchases.

Categorise Your Spending

Did you know the average UK household spends £523 per week on household bills? If you want to make your money last throughout the month, you should make a note of the essentials that you buy regularly and work out how much you spend on these purchases in total. Make sure you break down all of your spending into categories such as: Clothes, Food, Electronics and Subscriptions. This will help you see where you are spending the most money.

Take Advantage of Discounts

Not only can you use coupons and special offers to buy your essentials in bulk or with another essential, but there are always a number of shopping deals and sales that can help you save money on your purchases. For example, you should make use of discounts for children under five when it comes to buying tickets such as cinema, theme parks and music festivals. When you save using discounts and sales, you have more money to spend on other areas of your life.

Set Saving Goals

Whether you are dreaming of buying your first home in a few years time or planning a wedding in the next year, you should set regular saving goals to help you achieve your dreams. For example, if you want to buy a house in the next ten years, you could look at saving £500 a month in order to save up towards your deposit. If you keep focused on saving money and visualise where you want to be, you can save cash quickly and make your dreams a reality.

If you want to learn more about how to save your money with PiWop, you can find more information online on the website at https://piwop.com/