Us Brits are all too familiar with the with the wet, wintery weather that the colder months bring. However, did you know that around a third of Britain’s population have had to decide between heating their homes or feeding themselves?
This shocking statistic was revealed in a recent survey by prepaid MasterCard providers icount. The survey revealed that a lot of us have difficulties keeping up with key utility bills and some even wait until as late as November to switch the heating on as a result.
To help, we’ve teamed up with icount to provide you with the best family budgeting tips and give you that extra helping hand when you need it the most!
Teach kids how to save
Saving as a family can help to teach the kids the value of money and get them into good habits before they start earning their own money!
You could do this by giving them their own weekly budget to stick to. Alternatively, simply taking your kids food shopping and showing them how to stick to a shopping budget is an easy and effective way of restricting your spending as they’re less likely to ask for items not on the list.
Sell, sell, sell
Almost every family has a stash of unused toys, gadgets or clothes that are sat collecting dust. If this is you too, why not see if you can get a bit of extra cash by selling them on?
There are ‘cash for clothes’ sites such as wejustrecycle.co.uk, which will pay you for a fixed price per kilo for your unwanted clothes.
For bigger items with more value such as games consoles and TVs, you can’t go wrong with eBay.co.uk. You can list your items for bidding or for a fixed price, helping you to earn a bit of extra money to help you with your bills this winter.
Cook from scratch
Cooking hearty, filling meals from scratch can not only keep you warm in the colder months, but it’s also easy on your wallet. This can help you to stay healthy too as you can get vegetables on the cheap and you know exactly what is going into your food.
Check out these recipes for under £1 per head for inspiration and start saving!