Incredible.. 2010 is here already.. time flies when you’re having fun 🙂 Have a great one!
Tag Archives: small business
32. Cancel your gym membership
If you pay your £40 a month by direct debit and you use the gym three times a week, great. If not, cancel your membership immediately. You’ll soon save enough to buy your own bike and, if you’re so inclined, a rowing machine. Consider running home from work three times a week. It’s free.
Link: Compare prices for rowing machines on Kelkoo
33. Use your library
The local library is a mecca for the money saver. You’ll never need to buy another cookbook, guidebook or lifestyle manual again and if you can bear to wait a few weeks in the queue for the latest blockbuster, you never need to buy books again. CDs and videos are great value too.
Link: www.whichbook.net – find a book and check if it’s available at your local library
34. The three-for-two trick
Now, there’s a lot to be said for buy-one-get-one-free deals, especially if they pass the ‘Do I really need this?’ test. Then there’s three-for-twos; a particularly cynical way of stores to entice shoppers to buy an extra item they would not otherwise buy. The ‘offer’ is always priced into the deal so do your sums and shop around.
Saving: It’s a principle at stake here
Link: Discuss deals and scams with other readers
35. Buy clothes and presents in the sales
So you need a new suit and the one you like comes in at a cool £300. Wait! The chances are that you can pick it up in the sale – and there’s always a sale just around the corner – for £150. The same applies for birthday and Christmas presents. Buy in bulk in the sales and you not only save money, but you enjoy stress-free pre-Christmases and no last-minute birthday worries.
37. The Christmas lottery
Instead of trying to buy a present for every relative in your family, consider getting together beforehand and picking one name from the hat. You then buy one thoughtful gift for that one person rather than attempting to please everyone at considerable cost. Everyone gets a present, everyone saves money.
38. The National Lottery – it won’t be you!
The odds of winning the Lotto jackpot are stacked 14m to 1 against each ticket. Some highly organised syndicates buy 14,000 tickets a week, which reduces the odds to 1,000 to 1 – but that’s no guarantee of a win. For the rest of us, the difference to the odds between buying, say, 10 tickets and one is so insignificant that you should limit yourself to the one and save the extra money in a Cash mini Isa.
Link: Are you sitting on a winning ticket?
39. Use your Isa allowances
If you’re not already aware, you can save up to £3,000 a year in a tax-free savings account called an Isa (for the more financially savvy there’s also a stocks and shares Isa). It means you don’t pay any tax on the interest accrued so, if you have spare cash in your current account, this is the difference between earning next to no interest and up to £150 a year.
Link: Best Isa rates
40. Claim your benefits and tax credits
There was once a certain stigma in Britain attached to claiming benefits. Well, not any more. The Government has put benefits at the heart of the family budget and it’s your money so make sure you’re claiming it. That includes Child Benefit, Working Tax Credit, Child Tax Credit and other employee-related tax benefits.
Link: Confused? Ask a This is Money Expert
41. How saving £50 a month now can save you £120 next year
Do you pay your insurance premiums by monthly instalments? If you do, then consider this: you are probably being charged a premium of between 15% and 20% for the privilege. In other words, if your home and car insurance bill for the year is £600, you’re paying up to £120 a year in interest by paying monthly. If you are in a position this year to save up for next year’s premiums in advance, you can save money by paying the whole lot in one go.
Link: This is Money’s best savings rates
42. Do you need all those TV channels?
Britain is switching to digital-only television and time is running out for you to choose your new digital TV provider. The choice is already bewildering and with telephone-based services now being launched it’s going to get more complicated. Packages range from full the monty, including every sports and movie channel costing around £50 a month, down to Freeview, which is free. Choose wisely.
43. Bin the ready meals
If TV chefs such as Ainsley Harriott can knock up a meal from a bag of random groceries including an aubergine and a packet of sultanas – so can you. Ready meals may be convenient, but preparing your own food saves money. A visit to your library will reveal scores of books dedicated to cooking proper meals in minutes.
44. Take up a money-saving hobby
Hobbies not only open your mind to new experiences but they also take up your time – important if you would otherwise spend it in the pub drinking away your hard-earned money. If a painting takes 20 hours to complete, and you normally get through a pint an hour. That’s a saving of a least 40 quid a picture. Think about it. Get painting. Go fishing.
45. Avoid the payment protection racket
Banks and other lenders are selling expensive insurance policies to cover loan repayments to people who don’t need it. Don’t be a victim of the hard-sell.
46. Avoid extended warranties
Electrical goods are more reliable than ever. If your new radio won’t last three years perhaps it’s not worth buying in the first place. Think about it: how many times has your fridge broken down in the last five years? And do you really need the hassle of claiming for repairs to a £15 toaster?
Link: Read our guide to extended warranties
47. Shop online
The internet is gradually taking over. Online grocery shopping is getting better all the time and there are plenty of comparison websites to help find the best prices for bigger items. Give it a try, unless of course you like fighting your way through supermarket crowds.
Saving: Your sanity
Links: Online grocery service rated; PriceRunner – price comparison site
48. The Citizen’s Advice Bureau is your friend
If your debts are out of control please seek help immediately from your local CAB – their advisers can help you work out a sensible strategy to get you back on your feet.
Saving: It could save your life
Link: Find your local CAB
49. Have I missed any money-saving ideas?
You can now add your comments to the Money Saving Overflow
Link: Find out more at 50 more ways to save money
50. Save this article or send it to a friend
Use the links at the bottom of the page to send these money-saving tips to a friend or save it for yourself for later.
A leading city think-tank today predicted that the UK will drop out of the world’s top 10 economies by 2015. The Centre for Economics and Business Research said Britain, currently the seventh-largest economy in the world, will be over-taken by Brazil, Russia, India and Canada by the middle of the next decade.
Thanks again for visiting this blog… great to have you! Well, I’m going on holiday tomorrow and wont be back til next week, so in the meantime, get your free tickets for the business start up show and start planning your trip there!! 🙂
More money saving tips when I get back next week…
Starting a business?
As an industry-leader, Business Startup is free for anyone thinking about starting a business or expanding a business. With seminars, exhibitors, advice, opportunities, and much more, can you afford to miss out?
Lack of performance in a member of your staff can be attributed to one of two things. Either they have a competence problem, a commitment problem or both. Competence is relatively easy to deal with. Once you have identified the issue, you can set about producing a training programme to help develop their skills, spend some time supervising them until they become competent, allow them to observe others, there are any number of ways that you can develop your staff with direction and support.
Competence is learned over time as people develop their skills through experience. Commitment, however, is a little bit more difficult to deal with as this is down to a combination of a person’s confidence and motivation. When a job is new to us and we are in learning mode, we have little or no competence but oodles of commitment.
We are enthusiastic and eager to learn and determined to perform at our best. As we start to learn the job, our competence increases but out commitment diminishes as we realise that maybe the job is more difficult than we thought, or maybe not as challenging or as interesting as we thought, or maybe we are just not being recognised for our efforts.
Human nature is such that we start to think “well why bother?” Keep your people’s commitment by:-
1. Developing a learning and action plan that is right for them. Find out what their preferred learning styles are.
2. Be aware of how quickly they learn and adapt. Don’t allow them to become overwhelmed but just as importantly, keep their interest if they are a fast learner and they thrive by having responsibility.
3. Focus on the positive by catching them doing something right and acknowledge them for it.
4. If they do do something wrong while they are still inexperienced or they have a new task, then apologise for not making it clear to them. Yes, I do mean apologise! It is not their responsibility to understand you; it is your responsibility to be understood.
5. Keep them in the loop. People like to know what is going on and are more likely to be committed if they understand the bigger picture.
Yvonne Bleakley is the manager’s mentor, director of http://www.coachuk.ltd.uk and creator of The Silent Motivator System, the proven step-by-step programme to maximise staff and gain true respect and commitment. Download your free e-book “How to Maximise your Staff and Gain Respect” at http://www.silentmotivator.com
The UK’s first and only event for integrated marketing – opens Tuesday 30 June at 9.30am! We’ve noticed, (I’m sure you have too!) that the role of the marketer and marketing departments have been changing. You’re likely to be involved in more elements of the marketing mix, work across various disciplines and work closely with previously separate departments – all to create the most effective and kick ass campaigns!
What is Marketing Week Live? Produced by Marketing Week, it’s the UK’s only event to reflect your changing role, providing a single destination event for market research, online marketing, data marketing and in-store marketing activity. The Show opens this week on Tuesday 30 June from 9.30am – 5.00pm and again on Wednesday 1 July from 9.30am – 4.30pm. Plan your journey here!
We’ve brought together four individual exhibitions, each with a specific conference, into one venue at one time, creating a true melting pot of ideas and inspiration for the most forward thinking marketers! Plus …We’re adding to that, the fabulous and FREE to attend, Marketing Week Live Centre Stage, where some of the biggest names will be speaking, including: Moray MacLennan, CEO, M&C Saatchi Nick Bampton, Managing Director, Viacom Brand Solutions Chris Maples, UK APS, Sales Director, Microsoft Advertising Simon Thompson, European Managing Director, Lastminute.com David Wheldon, Global Marketing Director, Vodafone Rachel Bristow, Markting Comms & Buying Director, Unilever Martin Glen, CEO, Birdseye plus more!
These leading characters in the industry will take to the stage and give their opinions, some outspoken!, on the challenges facing today’s marketer. So this really is it … the one event that will get your creative juices flowing, your imagination whirring, leave you truly inspired and armed with original ideas to take you and your integrated marketing forward in 2009 and beyond!