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How to Make Your Money Last Longer

If you feel like a pound just isn’t worth what it used to be, you may just need a little help figuring out how to stretch the ones in your wallet. As a result of the rough economic headwinds that everyone has weathered for the past several years, many consumers are learning how to shop smarter and spend less. If you’re ready to jump on that bandwagon, here are five tips for you.

Start clipping coupons. It sounds like a habit that only senior citizens with bi-focal reading glasses engage in, but couponing has been given a major tech upgrade in the past few years. You can now search for coupons online, meaning that you won’t actually have to clip them from the weekly paper. And some retailers will even let you use a coupon that you’ve found by searching the web on your smart phone. If you’re a savvy shopper, you could be saving hundreds of pounds a month by using coupons.

Save on energy. When it comes to household expenses, electricity and natural gas consumption are one of the costliest bills you have to pay every month. Try to slash those expenses by being energy efficient; turn off lights when you leave a room, and refrain from making drastic changes to the thermostat because it takes up more energy. You can also give your energy provider a call to see if there’s any way to get cheaper service. There may be a loophole, such as signing up for online bill pay that can get you a much-needed discount.

Sell your old stuff. You read that right. You can actually give yourself a jump start on saving money by selling the things that you have lying around the house. That workout equipment can earn you a pretty penny if you post it in the Facebook marketplace, and your old furniture could be a hit on EBay. You can also sell computers games for cash with music magpie. The beauty about every one of these sites is that they allow you to sell your old belongings from the comfort of your home, which beats getting a second job any day.

Rethink your spending habits. The best way to do this is to set a monthly budget for yourself and then break that budget down into weekly and daily allowances. Spending in cash is an infinitely helpful tip as well. You may think that you have more than enough money for all of your expenses, but when you start to actually see the cash change hands during your purchases, it will encourage you to slow down on some of your discretionary spending.

Take back control of your credit card balance. Credit cards can be convenient for most people, but they also come with the danger of overspending. If your balance is steadily creeping toward your credit limit, it’s time to bring it back down. You can do that by first taking the cards out of your purse or wallet. Once you have stopped the spending, make sure to put more than the minimum payment toward your balance each month; if not, the interest alone could cost you hundreds of dollars more. If you need any advice on IVA then go to, with plenty of experience in the industry they are sure the have the right advice for you.

To make your money last longer, it’s important to think in terms of how much you’ve saved rather than how much you’ve spent. Tallying up those pennies here and there could bolster you for another round of spending prowess — and pad your bank account in the long run.

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