Frugal Living UK: 49 Tips to Save More - Saving in London City (2024)

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SAVING MONEY

by Taryn Duhig August 13, 2022March 11, 2024

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There is a lot of pressure these days to have it all; flash cars, designer clothes, the newest brand of make-up.

However, by shopping mindfully, using up what we have, and utilising free or cheap activities, we can still have an excellent quality of life, for less.

In this article, I will be covering 49 tips for frugal living in the UK to help you save money, while living a simple and stress free life. Who wants to keep up with the Jones’ anyway?!

Let’s get into the list…

Frugal Living UK: 49 Tips to Save More - Saving in London City (2)

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Frugal Living UK: 48 Tips to Save More

Frugal Home Life

  1. Regularly check for electronic household items left plugged in or on standby, unplugging any you are not using to reduce your energy bill.
  2. Invest in draft blockers to keep your rooms warmer, or make your own. For a simple solution, fill a long sock with rice and tie off the end for an easy DIY version.
  3. Buy cosy blankets and store them close to your sofa, to avoid reaching for the thermostat
  4. Try making your own affordable, eco-friendly cleaning products; a really simple one to get you started is a basic cleaning spray (1/2 cup of white vinegar, 2 cups of water and a fragrance of your choice – essential oils or spare lemon rind both work depending on what you have to hand)
  5. Utilise your freezer to the max! Almost all food and drink can be frozen. Make the most of these frugal food hacks to reduce food waste and shop smarter.
  6. Arrange a swap club with your friends and family, and exchange items (this idea is particularly great for families with children who are forever growing out of their clothes or toys!)
  7. Invest in radiator heat reflectors to reduce heat loss and keep your home warmer during the winter months (or DIY your own using tin foil!)
  8. Save energy by measuring out the water in your mug(s) before pouring into the kettle rather than guessing, and boiling too much water
  9. Use a timer and set to 4 minutes when showering to use less water. Place your timer inside the bathroom but outside the shower, so you need to get out to reset the timer!
  10. Turn down your thermostat by 1 degree and see if you feel a difference. This will reduce your heating bill, and you may not notice a change.
  11. Turn off your hob a few minutes earlier when cooking and let the residual heat continue to cook your food

You might like: What to do if you have no money for Christmas

Thrifty Entertainment

  1. Look for Little Free Libraries in your area for free books, or if you are feeling crafty, make your own for your local community to enjoy (plus you get first dibs on books)
  2. Make the most of free trials. Films, books, food; I have probably tried them all. Just remember to cancel, or pay the price!
  3. Ditch the gym membership and take advantage of free exercise classes on YouTube, participate in your local Parkrun or download the Couch to 5K app.
  4. Alternatively, claim a free day pass at your local gym, for complimentary use of the facilities. Some gyms have pools and even sauna’s for you to enjoy – for free!
  5. Look out for a local walking or yoga group via Meet Up
  6. Set up a book exchange
  7. Look out for free booze offers and save money on drinks
  8. Buy 99p Kindle books or try the Libby app for free reads
  9. Sign up to be a seat filler to see theatre or TV show filmings for free
  10. Check out your local council or library website for free community events and activities

Buying Less

  1. Set up a Facebook or Whatsapp group for your local area, road or building, to give away or swap items you no longer need. This will benefit the community, and you might pick up a few freebies too!
  2. Sign up to apps which offer free food and take full advantage
  3. Buy items out of season, as they are least likely to be in demand, and therefore sold at some of the cheapest prices – e.g look out for fans and garden furniture in the cooler months, Christmas decorations in January, and electric blankets or heaters during the summer for instance
  4. Sign up to freebies via Sopost offers, which can be spotted on Facebook or shared by money saving instagrammers who post freebies to their stories. Follow my instagram account for deals and freebies
  5. Source secondhand furniture on Gumtree and Facebook marketplace for free
  6. Find the cheap charity shops (£1 Charity shops exist!)
  7. Womble receipts (a term for collecting discarded receipts!) and load them to your receipt scanning apps for cash
  8. Agree a birthday gift budget or suggest ditching gifts to spend quality time with loved ones instead
  9. Split the cost of more expensive items that are only used occasionally; lawn mowers, carpet cleaners, jet washers etc. could be bought and shared within a family, taking turns in using the items and splitting the costs.
  10. Borrow occasion wear from friends. How many times are you going to wear a fascinator realistically?! Lend your outfits or accessories to friends too, and cut down the cost per wear of your fancier items

Frugal Lifestyle

  1. Take on a spending challenge such as a Low Buy Year with the mission to use up what you have. You will probably be surprised at what you already own
  2. Find free tap water using app Refill – find free tap water on the go at over 30,000 places across the UK. Never buy a bottle of water out again!
  3. Car share on your way to work and cut down on your petrol usage. Did you know you can rent your car out to those in your local community to make some extra cash, too?
  4. Offer to product test items via testing sites; some of the best include Tesco Panels, Home Tester Club, etc.
  5. Learn how to do simple repairs or DIY tasks yourself. Tutorials to learn how to fix your bike, to wallpaper and paint your home, to sew holes in your clothes and more, all can be found on Youtube
  6. Get a beauty treatment for free. La Mer are currently offfering 15 minute facial treatments, completely free
  7. Join the Glamour beauty club for free make up samples
  8. Take turns in hosting your friends for dinner instead of going out
  9. Practice mending your clothes instead of throwing them away, or look into visible mending
  10. Sign up to mailing lists to get birthday freebies
  11. Don’t automatically renew your phone contract. Look into your options, sim deals tend to be cheaper (I currently pay £6.12 per month!)
  12. Get creative with your wardrobe and try the Shop your Closet Challenge instead of buying new
  13. Shop secondhand on apps such as Vinted, Depop etc for pre-worn clothes. Search for bundles, particularly for children’s clothing
  14. Join a house sitting site and stay at properties across the UK for cheap
  15. Buy a gel nail kit (or share with a friend) and paint your own nails.
  16. Sign up to loyalty apps and cards to claim freebies and gain points when you spend (as long as you aren’t tempted to spend purely to gain points)
  17. Walk or take public transport where you can – a railcard could help you save money on train fares
  18. Cut down on purchasing take out coffee, and instead invest in a coffee machine for cheaper coffee per cup. Look out for deals on coffee pods, such as this offer for discounted nespresso capsules, which will help to keep the cost down.
  19. Look out for deals or offers whenever you shop. Use a referral code where possible to save money, particularly when you are a new customer.

Frugal Living UK: 49 Tips to Save More

It’s so easy to feel the need to ‘keep up’, but who are you really trying to impress? These tips for frugal living in the UK will help you save money in your day to day life, without sacrifice.

Frugality isn’t about suffering and giving up everything that brings you joy; it’s about maintaining a good quality of life, while making sensible spending decisions.

Let me know of any frugal living hacks I might have missed in the comments!

Follow me over on Instagram & TikTok for daily money saving tips and tricks:

Frugal Living UK: 49 Tips to Save More - Saving in London City (3) Frugal Living UK: 49 Tips to Save More - Saving in London City (4) Frugal Living UK: 49 Tips to Save More - Saving in London City (5)

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Frugal Living UK: 49 Tips to Save More - Saving in London City (2024)

FAQs

How do people save money in London? ›

Use an Oyster card

Utilising an Oyster card or contactless payment for public transportation in London can lead to substantial savings compared to buying individual tickets. The Oyster card is a rechargeable smart card that offers reduced fares on buses, trams, the Underground, and some National Rail services.

How to live frugally in London? ›

50 frugal money-saving tips
  1. Plan meals.
  2. Choose cheaper recipes.
  3. Make a shopping list.
  4. Don't shop when you're hungry.
  5. Visit cheaper supermarkets.
  6. Buy supermarket own-label products.
  7. Eat less meat.
  8. Buy in bulk – but only if you'll use it.

How can I save more money in the UK? ›

With the rise in the cost of living, they could help you cut back and stay on top of your money.
  1. Take the 1p savings challenge. ...
  2. Try a 'no spend' weekend. ...
  3. About to splurge? ...
  4. Put strangely-shaped veg in your supermarket trolley. ...
  5. Buy lost and stolen goods at police auctions. ...
  6. Steer clear of monthly insurance bills.

How can I save money on my cost of living UK? ›

Remember if you're struggling to make ends meet, we're here for you
  1. Cut your fuel costs. Having a lighter vehicle load can help contribute to saving fuel. ...
  2. Embrace energy-efficient appliances. ...
  3. Don't let savings go down the drain. ...
  4. Pay less for your property. ...
  5. See what support is available.

Is $1,000 enough to live in London? ›

The question of whether you can live in London with £1,000 a month largely depends on various factors, including your accommodation, lifestyle, and financial management. But the short answer, is this: It's gonna be tough. Don't be discouraged, though! If you're determined, you can make it work.

Can you live off $1,000 a month in London? ›

If you've got £1000 left after rent and bills, sure you won't be living luxuriously but you will have enough for more than just necessities. You'll be living comfortably, have money to eat out, or do stuff a few times per week and not have to worry about the cost of groceries.

Is $2000 a month enough in London? ›

If you do not need to pay rent or mortgage then you could easily live in London on £2000 per month. Contrary to what many people say London does not have to be an expensive place to live when housing is taken out of account.

What salary do you need to live comfortably in London? ›

If you want to have a comfortable lifestyle in zones 1-2 of London, it is recommended that you earn at least £60,000 per year in 2023. The average salary in London is £41,866 per year, but that may not be enough to cover the high cost of living in the city.

Can you live on $1,500 a month in London? ›

There are also significant regional differences when it comes to general living expenses such as travel, food and childcare. It's thought that a single person living in London will need around £1,500 per month to cover their living expenses and just over £1,200 in Manchester.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals. Let's take a closer look at each category.

Is saving $1,000 a month good UK? ›

Saving for retirement is essential to ensure a comfortable and financially secure retirement. By saving £1,000 a month, you can significantly contribute to your retirement savings and potentially enjoy a more fulfilling retirement lifestyle.

Where to save $10,000 UK? ›

Best Ways to Invest £10K:
  • Stock ETFs.
  • Bond ETFs.
  • Property.
  • REIT ETFs.
  • Savings Accounts.
  • ISAs (Individual Savings Accounts)
  • Stocks and Shares ISAs.
Dec 14, 2023

How to survive in UK with low income? ›

Make sure you claim the government's 'Cost of living support' Find out more about who is eligible for Cost of Living PaymentsOpens in a new window on the GOV.UK website. If you're not getting benefits and are living on a low income, it's important to make sure you're getting everything you're entitled to.

How can I live comfortably in the UK? ›

In order to live comfortably in the UK, a couple is likely to need £49,700 in net income, and a family with 2 adults and 2 children is likely to need £67,554.

Where to save 100K UK? ›

Where to invest £100K
  • Cash. People often consider cash one of the safest ways to build up savings, as they aren't exposed to the ups and downs of the financial markets. ...
  • Stocks. ...
  • Property. ...
  • Bonds. ...
  • SIPPS. ...
  • Other investment accounts. ...
  • Annuities.
Feb 25, 2024

Is $20 000 enough for London? ›

Some people claim to be able to live on an annual salary of £20k in London. However, this will require a lot of economising to make ends meet. In late 2023, it seems borderline impossible. The most important consideration, again, is rent.

Can I live off 1500 a month in London? ›

There are also significant regional differences when it comes to general living expenses such as travel, food and childcare. It's thought that a single person living in London will need around £1,500 per month to cover their living expenses and just over £1,200 in Manchester.

How much does the average Londoner have in savings? ›

Londoners have the highest average savings with an average savings amount of £28,978.40, which is more than double the next highest average savings region; the West Midlands with an average savings amount of £13,318.35.

Do British people save money? ›

Approximately 30% of people in Britain have no savings. It's vital to save money for emergencies and for retirement. There are various ways to start saving and to improve how you save. Seek advice from a qualified financial adviser who can offer guidance and advice on saving successfully.

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