SAVING money isn’t always easy, particularly when you’re already on such a tight budget.
But there are some clever hacks that will help you pocket thousands without even noticing – and anyone can do it.
1. The 100 envelopes challenge
This popular hack has been circulating social media as it’s such an easy and effective money-saving approach.
At best, you can save £5,000 in just 100 days, or stretch it out over the year.
The idea was explained by Invest with Mon on TikTok who said to write the numbers 1-100 on seperate envelopes.
Then pick one out at random every single day (or change it to twice a week if you prefer).
Whichever you pull out is the amount of money you save – it’s really that easy.
For example, if you select the envelope with the number 6, that’s £6 you must save.
Likewise, if you pull out 98, that’s the amount you save for the day.
2. Spare cash challenge
It’s more common to use your phone or card for payments these days, but if you set yourself a cash challenge it’s still a good way to unknowingly save a fortune.
TikTok user Jess Smith shared the idea online and said to keep a jar, box or tin to store any extra cash or coins you might have – be it 50p or £10.
Only when it’s full do you count it, or at the end of the timeframe you’ve allowed, and you’ll be surprised by just how much it piles up.
3. The final number challenge
TikTok user, the Budget Bros Podcast, demonstrated this hack on the platform and while the sums appear minimal, they certainly add up.
Look at your bank balance at the end of each day and transfer the final number of the total amount shown into your savings account.
For example, if at the end of the day you have a total of £756.69 in your bank account, you will transfer £9 into your savings.
In the clip, the American man had saved $25 by the end of the week, which might not seem like much but it will be $1,248 a year.
Of course, this method works with any currency.
Sunbeams – Britain’s biggest baby competition is back, with £1000 up for grabs!
BRITAIN’S biggest baby competition is back and we are looking for the King or Queen of the crèche.
The Sun is hunting for Britain’s bonniest baby.
Not only could your child be crowned the cutest baby, there’s also an £1,000 prize up for grabs.
Think your baby has a winning smile? Well, entering couldn’t be easier.
Simply upload a pic – and give us a little info – on our entry form.
Note: you must be a parent or legal guardian of the baby to enter.
We can only accept a photo if you’ve taken it yourself, or have permission to upload it and enter from the person who did.
And the photo must not have been edited or altered with a filter.
Finally, your baby must be aged two or under on 12 April, 2021 – the last day for submissions – and a UK resident.
Our panel of judges will choose 48 finalists from all the entries.
Parents/guardians of the babies selected will be notified by email before 18 April, when the public vote begins, right here on The Sun.
All good? Best of luck
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For more money-saving tips and ideas, a mum who cleared £40k debt reveals the ‘right’ amount of pocket money for kids to help teach them about cash.
In other news, this money-saving mum uses secret food website to save a fortune on groceries as she bags crisps for 10p & posh cereal for £1.
Last year the same woman revealed she’s mortgage-free at 35 thanks to her savvy spending.