Lifestyle Changes That Save You Money


Lifestyle Changes That Save You MoneyAre you trying to save money, but feel as though you can’t cut spending any further? Perhaps it’s time to tinker with the bigger things you take for granted. A lifestyle change is no small endeavour. It takes a heavy dose of discipline to rearrange your routine and stick with the changes until they become your new way of life. But you may decide the sacrifices are ultimately worth the savings. Not all of the suggestions below will work for you, but trying just a few could revolutionise your finances.

1. Don’t eat takeaway

We spend about £162 per month on restaurants and hotels,1 which is in the neighbourhood of £2,000 per annum! If you made a commitment to order takeaway or dine out only once per month or not at all, you could save quite a bit. Of course, your grocery spend will go up, but the savings will outweigh the spending if you make frugal choices at the supermarket.

2. Holiday at home

As long as we’re talking about that monthly £162 restaurant and hotel spend, we may as well address the “hotel” side of it too. In addition to those lodging costs, the average U.K. resident spends more than £870 each year on packaged holidays abroad. You could save quid by holidaying closer to home (to avoid the need for lodging) and doing free activities.

3. Quit an expensive habit

The average household would save about £12 a week by giving up smoking and drinking.1 If you’re accustomed to buying a £2 Lotto ticket every week,2 quitting will save you about £100 a year on tickets.

4. Turn off the television for good

The cost of a colour TV licence is £145.50 a year,3 which could be money in your pocket if you don’t watch much live television. The time you used to spend relaxing in front of the TV could be spent reading a library book or trying out an inexpensive hobby.

5. Wear clothes longer

The average household buys approximately £1,200 of clothing and footwear every year.1 Clothing is certainly an essential expense, but when you’re trying to save money, it’s worth re-evaluating how often you truly need new garments. If the clothes you already have are still functional and not worn out, you may be able to hold off on buying more.

6. Say no to makeup

Many beauty supplies are luxury items rather than necessities. Cutting back on these small indulgences can add up to beautiful savings over time.

7. Travel the old-fashioned way

Household transport costs sit at £64.10 per week.1 Could you find a way to manage without a vehicle? Perhaps you could take public transport, walk, or ride a bicycle to work. Perhaps your job would allow for you to telecommute and work from home. If scrapping the car is not an option, consider carpooling with a co-worker to save on petrol costs.


1Office for National Statistics. (2013, 11 December). Housing, fuel and power becomes highest spending category in 2012. Retrieved 5 May 2014 from (2013, 3 October). National Lottery Lotto ticket price doubles to £2. Retrieved 5 May 2014 from
3TV Licencing. (2014). Check if you need a TV licence. Retrieved 5 May 2014 from



Jennifer G. is a Social Media Associate at Enova International, Inc., and is interested in finding new and creative ways to be financially savvy.

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The information in this article is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness or fitness for any particular purpose. The information in this article is not intended to be and does not constitute financial or any other advice. The information in this article is general in nature and is not specific to you the user or anyone else.