Effective Money Saving Tips For A Tight Budget

I remember a time when we had to wring every penny out of our payslips.

Off the back of the 2008 recession, we were apparently 25K in debt. We managed to dig ourselves out with these simple, yet effective, money saving tips.

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Disclosure: Based on personal opinion, not to be taken as advice. Seek a professional if required.

Graphic stating, Money Saving Tips for a tight budgetMoney Saving Tips 2019


When searching for savings in an already tight budget, you have to accept, you can’t live to social standards.

That means, you can’t afford to live like they’re living on TV, or how your friends may be living.

All of that extra stuff is purchased with disposable cash which, for now, you can’t afford to spend.

While it is said a lot, it’s true:

You have to understand what you need to l-i-v-e.

And then, l-i-v-e off that.

Read, 58 Frugal Living Tips for an itemised list of saving ideas.


Fortunate enough to grow up poor, I’ve never felt aggrieved if somebody didn’t have money to spend on, or with, me.

But some people may think you’re trying to avoid them, or simply won’t understand you’re trying to save money (not without you saying!).

Let’s say a friend wants to go for dinner. A nice place in town.

You may feel a pressure to go.

A great alternative would be to cook a meal, or find something else you can do together.

Either way, something has to give – your budget, or the dinner.

It’s the same for family gifts, holidays, aesthetic changes to home / car / wardrobe, and any other peer-pressure related spending.

Read, Frugal Living Extreme for more.


Every week, month, or year, you pay reoccurring bills.

There are 3 key questions that need answering:

a) Do you need the service?
b) Can you get the service cheaper elsewhere?
c) What can you do to make the bill cheaper? Like, reducing your energy usage.

Money Saving Tips Around The House


Washing your own car? Fixing a fence? Sorting the plumbing? Putting in a kitchen?

When did I go too far?

I’m not saying you should do these things.

Really, the question is, where is your comfort level at?

What could you comfortably manage yourself?

Creating a frugal mindset has saved us more money than I can count.

Read this post for more on creating a frugal mindset.


The worst thing about living on an extremely tight budget is the BOREDOM.

Yes, you can occupy your time doing something else, but you can’t spend money!

I used to love going to the cinema. A simple bucket of popcorn, a space between me and the next patron, and I was happy.

Accept it. Accept that friends, family, people, everybody (even you) may label you as being boring.

Instead of being bored, work on the next tip.


After implementing all of the money saving tips on this list, we managed to eke away at the ‘debt’.

Still, I remember the day I got a small pay-rise. All of a sudden I had extra money that wasn’t accounted for!

It went straight to the ‘debt’ (I’m not bitter at all!).

Well, it’s easy to say “make more money”, it’s harder to do. I’m just saying, be more open to the idea of making more money.

Maybe a promotion, maybe a side-business.

Half of this website is dedicated to starting a home business to escape the rat race, so I have loads of good material to get you started.

If you found these tips useful, please help me by pinning an image below. Thank you.

Frugal Money Saving Tips UK!

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