How many times have you gone out with friends, only to realise you have spent more than you originally intended? Organising your finances is important as it helps you budget for the future and saves your money for more important purchases.
With this in mind, here are four money-saving tips from the PIWoP team on how you can save money with friends.
Don’t Throw Change Away
While it might seem like nothing throwing away unused pennies, it’s important to save them. According to Finder, Brits waste £100 million each year throwing away spare change, with 14% of us throwing them in the bin. By looking after your pennies, the pounds will look after themselves; saving you a lot of money in the long run.
Avoid Peak Times
Spending time with our friends is important, but the pounds spent can quickly add up. From travelling by train to eating at a restaurant, avoiding peak times can help you save a substantial amount of money. If you’re able to be flexible with your travelling times, try catching the train after 10AM, to avoid paying hefty peak time charges when you travel.
Dining out doesn’t have to be expensive either. In fact, eating at any time other than Friday or Saturday can actually save you money. Restaurants are more likely to run promotions during their slowest times to try and entice customers to visit.
Don’t Impulse Buy
We all have that friend that encourages us to buy products we don’t actually need. Before making a purchase, try waiting 30 days before buying something. You’ll quickly realise how many impulsive purchases you will have avoided and save yourself some money in the long run.
Price Tracking Tools
When planning a night out with our friends, we often want to make makeup repurchases or find the dress to impress. By using a price tracking tool, you will be able to save money on coveted items by paying a price you want to pay.
Saving money with friends has never been so easy. At PIWoP, low price shopping experts, we provide a price alert tool that tracks the price of the item you want. We scour hundreds of online retailers every 6 hours to help you find the price you want to pay and save you money.