Money expert shares 10 simple tips for saving money in January

NetVoucherCodes 10 ways to save money in January: 

  • Try to avoid January sales

“It can be tempting to look at January sales but this is often where we buy things we don’t need just because they are reduced in price. Unless you need something, try to avoid the sales altogether.”

  • Start selling items online

“January is a great time to have a clear out and you may find that some of your Christmas presents replace old things that you may no longer need or use. Selling unwanted items is always a great way to make some extra cash.”

“The new year comes with new habits so why not set up a budget planner for the rest of the year. Implementing this from January will ensure you start the year off right and will help you stay on track throughout 2023.”

“If you regularly use your card, try solely relying on cash in January. Leaving the house with a limited amount of cash makes budgeting a lot easier and you’re less likely to purchase unnecessary things.”

“A lot of banks offer up to a £200 incentive just for joining and nowadays the process of switching banks is a lot smoother and easier. If things are tight in January this is a good way to get some extra cash.”

“Instead of using your oven or gas for one meal, try using it for two or three and batch cooking your lunches and dinners. This will prevent the temptation to grab a quick take away as there will already be food at home.”

  • Cancel some subscriptions for the month

“Streaming services aren’t cheap, and if you are signed up to more than one of them the money quickly adds up. Consider cancelling the ones you use the least for January and sign up again later in the year.”

“Each year hundreds of Brits do dry January to avoid spending money on alcohol. Depending on how much you drink you may notice you also have a better sleep and more energy.”

“Try switching to own brands when doing your grocery shopping. Not only will you save money but you may find some new favourites with a lot of own brands having increased their quality over the past couple of years.”

  • Keep yourself entertained

“January doesn’t have to be a boring and dull month. Keep yourself entertained at home by doing fun activities such as movie nights or an online escape room!”

One of the best apps for making money is YouSpotProperty as it gives you the chance to earn up to £10,000.

To make £10,000, people need to spot a derelict property that meets certain criteria before uploading a picture on the app.

People who report a property that meets the criteria will get a £20 gift voucher and one percent of the selling price up to a maximum of £10,000 if the deal goes ahead.

TV and film extras have also told Express.co.uk how they are earning up to £200 a day and it’s lots of fun.

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