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10 Saving Tips to Live By

How important is saving money for you? For some of us, savings are an after thought, something we don’t pay much attention to and don’t prioritise. For others, savings are very important and we do everything we can to save as much as possible, be it for a new purchase or for a rainy day. Regardless of which of the latter you fit into, saving, especially for anyone in the media or creative industries, isn’t easy. So, we’ve come up with 10 ways to ensure you’re staying on top of your savings and in control of your finances.

1 – Target setting – Setting yourself a monthly saving target is a great way to push yourself and have something to work towards. However, it’s easy to get carried away with unrealistic targets so the first thing to do is look at how much you can afford to save after all your essential expenses and set your goal accordingly, this will allow you to save before you spend.

2 – Out of sight, out of mind – If you don’t see it you won’t spend it. Setting up a standing order so that your savings go straight into your savings account on payday is a great way to forget about the ‘extra cash’ and easily build up your savings.  Just as long as you don’t dip in an out of your savings account!

3 – Spending less, going out more – Easier said than done, we know! But the less you spend the more you save. Challenge yourself to spend less on things you don’t need – shopping, dining, holidays etc. Also, challenge yourself to have non-spending days, could you go a couple of days without buying anything at all?.

4 – Budget – Budgeting, is similar to spending less but not the same – budgeting is putting a cap on the things you do choose to spend on and taking a close look at your finances. How much is going out and how much is coming in. If you’re used to going out every week, have a look at deals to ensure you’re staying within budget. There are plenty of free activities to take part in, and loads of ways to avoid entry fees and excessive spending. Remember always spend less than you earn.

5- If you ain’t got no money take your broke ass home – Part take in JOMO – Joy of missing out, and staying home. Simply put, going out means spending money. And if you have different circles of friends you could be spending a lot more than you realise on socializing. Limit your outings and stay indoors – Movie nights, house parties and meeting up at each other’s houses is a great way to socialise and save.

6 – Ladies leave your cards at home – Probably one of the oldest tricks in the book but also one that really works, if you don’t have it you can’t spend it. Leave the cards at home and take the cash out to play.

7 -Don’t fall into digital temptation – We’re talking store notifications, text messages and emails. These are a great marketing tactic designed to tempt you into spending money. We’re all guilty, we don’t need that new handbag, or those shoes until we’ve received an email, app notification or text message saying there’s 70% off in-store and online! Suddenly, we need new bags, shoes, underwear and bikinis for a holiday we don’t have planned! Don’t buy it.

8 – Don’t stop earning – Simply put, if you’re not making money, there’s certainly no way you can save money. Whether you’re at university, a recent graduate interning or working on your own business, it’s imperative you have a job on the side that brings some money in. If you don’t, you’ll be forced to use any savings on living costs and won’t be able to save at all.

9 – Review your bank statements – How often do you sit and go through all your outgoings? Look through your bank statements and add up all your outgoings, you’ll be surprised at how often you’ll see the same ‘little’ things pop up and how much they add up to. This is great way to look at your spending habits and see what you can improve on.

10 – Don’t underestimate the power of DIY – Whether its cooking your own meals, doing your own mani or pedi, decorating your own space and learning a wide range of skills so you can do things yourself, this is bound to save you a lot of money.

We hope you found our 10 tips useful and would love to share any saving tips you’ve tried and tested that have worked for you.



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The UK's first Career & Lifestyle Magazine for women in the Creative and Media industries.

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