A money-saving mom has shared how she saved a whopping £ 25,000 in just one year.
Lara Joanna Jarvis has a popular YouTube channel with budgeting tips and tricks.
The mother of two says she made a commitment to not buy anything for a year except things she really needed to save the big bucks.
Laura and her husband Stuart spent the lump sum on the purchase of their first home.
For those of you looking to cut back, follow these five steps, as originally mentioned in The mirror.
Wait 30 days
Lara suggests waiting a whole month after adding an item to your wish list before purchasing it.
Lara says, “I live by this rule. When I did my no-buy year for 2019, it was the foundation for changing my money mindset.
“If you want something, put it on your wish list and if you still want it after 30 days, you can buy it.
‘It stops those impulsive spending. We often don’t think carefully.
“And I discovered that at the end of that time I never really wanted to buy that thing.”
Plan your meals in advance
Lara cut her food bill in half by preparing meals, but not how you’d think.
“Meal planning not only relieves the stress of looking for something to eat, it saves you time, it saves you money, and it makes you more organized.
“I’m doing it backwards, so I’ll look at what I already have and then figure out which recipe will work for those ingredients.
“I will then plan the meal, figure out what we need each day and write my grocery list accordingly.
“I halved my food bill by doing this.”
Do not use your card
Paying with your card “devalues money,” Lara says.
“Handing over a crispy note from the bank is so much more effective than just tapping your card, or worse, tapping the app on your phone.
“It just devalues money so much, cash just makes it a bigger deal.”
Take a photo while wearing your favorite outfits
Every time you wear an outfit that makes you feel good, take a photo.
The next time you’re thinking about buying a new outfit, check out these photos.
“She said this is aimed at people who like to wear beautiful things. Take a picture of yourself if you like what you wear.
“If you feel like you have nothing to wear, you can look at your photos and choose an outfit.”
Remember why you are saving
It’s essential to remind yourself what you’re saving for and why.
She said, “We started this journey as a journey to save deposits and it was a reason to keep going when it was difficult and you have to say no to going out with friends or buying something.
“Know why, write it down and always keep looking at it and congratulate yourself.
‘Celebrate the small victories along the way and just keep your why in your vision, otherwise you will get a little lost.’
Find more money-saving tips and life hacks on her website, larajoannajarvis.com