Archive for the ‘Money saving’ Category


Ethical shopping needn’t cost an arm and a leg


Friday, December 10th, 2010

Given the last blog on the shocking treatment of pigs on some European farms, including in the UK, we here at 247Moneybox.com noted that buying ‘high welfare’ doesn’t necessarily mean free-range and organic, which we all know costs extra. However, there are ways to keep a clear conscience and not have to fork over the extra pennies.

For example, reuse your plastic bags or, better still, why not purchase a few durable shopping bags and use them instead? These are available in any number of patterns and styles – such as the familiar tartan ones often used by market traders transporting their wares – and indeed are fast becoming all the rage.

Another thing you can easily do is to choose your produce carefully. If you buy seasonal fruit and veg, much of the contents of your shopping basket will come from the UK, which involves a much lower transportation footprint than those winter strawberries flown all the way from the southern hemisphere.

In a similar vein, some supermarkets have air travel stickers to help you make an informed choice. In addition, you could go the Good Life route and grow your own produce. It doesn’t have to be River Cottage but you’d be surprised what even a few plant pots can produce to supplement your weekly shop for a fraction of the cost.

With Christmas approaching, the pressure to “buy buy buy” is enormous. This includes food that you wouldn’t normally buy and indeed in quantities to feed a medium-sized army. There are lots of recipes out there for using leftovers creatively and to make them stretch further.

granny

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I’ll have CoD with chips, please!


Monday, November 15th, 2010

Isn’t CoD something you have battered with chips? Turns out its not, and if we are being honest the joke was just too good to miss!

Anyway CoD is a natty acronym for the massively successful war-themed first-person shooter death ray series Call of Duty. CoD has just released the latest instalment Call of Duty:Black Ops, shattering first-day sales records in the UK.

Pretty excited here in 247Moneybox.com towers and first attempts at the game have not disappointed. Looks like the market agrees, as Black Ops has grossed more during its launch than the whole UK entertainment software market over the past couple of weeks combined! Last week became the highest grossing week in UK entertainment software history, with £113.8 million in sales. The last record breaker was £107.6 million, back in 2008.

These large numbers indicate consumers are paying on average £2.50 more than they did for launch copies of Modern Warfare 2 last year, despite both games having an RRP of £54.99. This equates to a price hike at more than double the current rate of inflation as measured by the consumer prices index, and means that the latest CoD is roughly £1 more expensive than last year in real terms.

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As the temperature drops, heating bills rise - tips to get the most out of your utilities


Monday, November 15th, 2010

Expect to a get a chilly feeling following news that Scottish and Southern are planning to increase prices by around 9%. The move, set to take place on the 1st of December, coincides with households cranking up their thermostats and will be felt across the entire UK. It is the first company to do so in the last few years and experts are warning that others may follow suit. The average annual heating bill will jump £67 to £782.

Here at www.247Moneybox.com we empathise with the extra burden on household finances that these increases will impose. We suggest that the best way forward when thinking about your gas and electricity bills is to visit a comparison website (such as www.uswitch.com) and finding a gas and electricity profile that suits you. Are you going to be heating 24/7? Or do you spend a lot of time away from the house and only need it in short bursts? These are the kinds of questions you need to ask yourself in order to capitalise on a cheaper deal.

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Guy Fawkes on a budget


Friday, November 5th, 2010

 fireworks1

Remember, remember the fifth of November! Yes, it’s that time of the year again, and, while not blowing anything up must always be the prime concern of Guy Fawkes Night, how can you ensure your wallet also gets through the evening intact?

For those of you who are having smaller private displays, shop around the supermarkets for the best deals. You can also pick up some great deals from online firework retailers.

There is also the option of the thousands of free fireworks displays all over the country for you to ‘oooh’ and ‘aaah’ at to your heart’s content! 

All of us at 247Moneybox.com wish you a safe and memorable Guy Fawkes day!

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Lightweight savings: funding a night out can be cheaper for some


Thursday, October 21st, 2010

In the age of nightclubbing and excessive binging, it’s interesting to see what people’s drinking habits are like.

University students are lucky enough to schedule their workload around going out and, well, just being students; hard-working 9-to-5ers don’t have the luxury of being invited to numerous house parties and designated midweek student nights. And even if they were, it’s a lot harder to motivate yourself to get up at 7am and travel to work in the midst of rush hour with a splitting headache than it is to attend a 10am lecture in which you can comfortably sleep without being noticed.

So, for most of us here at 247Moneybox.com, going out is restricted to the weekend. But with money tight for many of us at the moment, we’d guess quite a lot of people leave that major night out until pay day.

Well, new research has found that some people may not need to wait that long because of their inability to hold their drink, and surely they’ll always save a bit of money when out with the heavier drinkers. Scientists have apparently isolated a ‘lightweight’ gene that provides insight into why some get more merry than their mates do.

A BBC article, reporting on US based research, highlights that while saving you money, this gene actually has a protective effect against alcoholism, as those who have it don’t feel the need to carry on boozing after the first few. It’s all to do with how fast a person breaks down the alcohol in their liver and brain  the faster you do it the quicker you get drunk.

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The early bird doesn’t catch the worm


Tuesday, October 19th, 2010

We’ve all been there.

Yes, as Christmas nears, children everywhere begin to brim with excitement as their unfortunate parents begin anxiously planning ahead for a nightmare bout of shopping in preparation for that ’special day’.

You’ll find some parents will have everything ready by early November presents stacked up, food marinated and stored and they’ll look over at their less well-organised counterparts while smugly satisfied at their own endeavours and the bargains they’ve acquired.

It may not come as a surprise to some, but an article on thisismoney.co.uk reports that due to the competitive nature of business, or ‘price wars’ as they’re known, it’s actually easier to snap up a good deal in the lead-up to Christmas.

Reporting on research carried out by comparison website mySupermarket.co.uk, the suggestion is that apparently leaving your shopping until later can actually save you money, particularly when it comes to food.

The examples cited include a 435g Christmas collection of chocolates sold at Tesco, that currently costs £6, only cost £2.75 last December, while a 1kg tub of Quality Street sold at £10 is usually sold on a ‘buy one get one free’ deal.

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Staying five alive in the recession


Friday, October 15th, 2010

We read with delight in the Evening Standard, among other papers, about a great idea being rolled out over London.

For all those savers, budgeters and careful spenders, independent ATM operator Bank Machine is planning to extend its £5 cash dispensers across the capital after successful feedback from trials in east London and outside Waterloo station.

These machines allow you to withdraw £5-£50 and dispense the relevant amount in £5 notes only. Picture the scenario of having an inconvenient amount of £6.44 left in your account and being forced to withdraw a tenner, leaving you overdrawn and possibly incurring bank charges and the rest.

And the funny thing is you would’ve probably only needed £4.50 for an outrageously expensive single ticket to Victoria. So the rest of the change gets lost on a Mars bar, a Red Bull, some chewing gum and other unnecessary purchases.

Anyone that empathises with this situation will welcome the idea, as we do here at 247Moneybox.com, and call for the machines to be placed nationwide we are in a terrible economic climate after all.

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Top 10 money saving apps


Tuesday, September 14th, 2010

It seems like everyone has the latest generation in mobile phone technology at the moment, so today we thought we would highlight some ways to save you some money by downloading the latest apps for your phone. The Times online has shown a few of the best to take advantage of, and by money saving we’re not just talking about a few pennies here and there, we’re talking up to £30 a week. These are their top 10 suggestions:

1. Vouchercloud: this one is free and it offers you a list of discounts and offers in your area.

2. iBarcode: the idea behind this app is a popular one - simply photograph the barcode of something you want to buy and the app will highlight the same product from different stores.

3. WiFi finder: this will allow you to access the internet faster and will find WiFi is offered for free.

4. 0870: if you need to phone a premium rate telephone number which starts with 0870, 0845 or 0800, this app will convert them to a low cost 01 number instead.

5. Free Parking: self-explanatory - this app will show you the locations of free parking zones in your area. Limited at the moment but this service is set to expand.

6. ATM hunter: if you need cash but dont want to pay the charges on an ATM, this app will take you to somewhere to avoid the charges, which is handy when you’re in unfamiliar surroundings.

7. Petrol prices: this will find the cheapest petrol prices around and is updated weekly.

8. Tesco clubcard: your iPhone can now turn into a clubcard for when you want to use it.

9. UK tax calculator: this app will allow you to work out how much tax you will be paying at the end of the year.

10. Mini mortgage manager: this app will calculate how much you have repaid and how much has gone on interest payments.

Usually we at 247Moneybox.com provide you with a few tips for saving money, however with these tips you may save a significant amount each week.

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Take advantage of competitions systematically, and systematically get lucky!


Wednesday, September 8th, 2010

Here at 247Moneybox.com we thought we might highlight an interesting article from The Telegraph. Have you ever tried entering competitions systematically? The odds should be in your favour to end up winning something, especially if it just means buying a different brand of cereal or buying another type of chocolate bar. Look through the terms and conditions to find loopholes which might allow you to enter more than once. This might prove profitable! Some 25,000 people consider themselves to be serial competitors. You too can get lucky so give it a go! Not the lottery though, that’s just plain stupid!

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Making your computer pay for itself


Monday, August 16th, 2010

Have access to the internet? Have a bit of spare time on your hands? Then why not try to earn yourself some money online. Here at 247Moneybox.com we’ve compiled a list of some ways you cOULD possibly earn a few pounds here and there. So when you have time to waste, then at least see if you can get paid while wasting it!

1. Answer questions: some sites offer their customers the chance to answer questions. So if you consider yourself the master of trivial pursuit or the don of your local pub quiz, then get online and get answering. Questions may be texted to you and allow you the chance to earn yourself some money and massage that massive ego of yours at the same time!
2. Do surveys: if you think of yourself as opinionated and someone who doesn’t lose arguments then you might enjoy earning money by completing some online surveys. These can range from political surveys to university students’ surveys. Websites can offer between £1 and £5 for completed surveys.
3. Get paid to just use the internet: many companies like to know customers’ browsing habits, therefore you can now get paid to simply surf the internet. Search for companies which want some market research.
4. Sell your photos: consider yourself as a great photographer? Then maybe someone else might agree, and pay to prove it. Find a site where you might be able to sell some of your photos.
5. Rent your stuff online: going away for a bit? Then why not get your possessions to earn themselves money. Try and find a site which allows you to rent anything from DVD players to furniture to children’s toys.
6. When buying something online, see if you can find the same goods but with cash-back opportunities. Companies are struggling during the recession and will therefore push hard to get you to shop with them.

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