Saving up for that dream car you’ve been fantasizing about is no easy process, but it’s a question of how much you really want it. You may have failed to keep the money aside before, but that’s natural. Now it’s time to get serious about it. Just keep dreaming about that feeling when you’re finally behind the wheel and it’ll certainly be well worth it in the end.
Here are some top tips to get you a few steps closer to achieving your dream.
Prepare for the holidays
Christmases, birthdays and get away’s are something you don’t need to sacrifice in order to get what you want. It’s all about preparing far in advance.
It’s as easy as thinking economically when it comes to gift ideas. Christmas is probably the most expensive holiday for all so get some of it out the way now.
Wrapping paper and decorations will be at their very cheapest now so get them now and store them away for next Christmas.
A typical Christmas costs an average family about £650, and that hefty sum could be a nightmare to part with. Set aside some money to ensure you’re not crippled by the festive expenditure and be wise with what you set to one side.
£25-£50 a month is a decent figure to hold on to each month, and you’ll be happy you saved once the holiday seasons come round.
Do you spend more than you earn? A lot of people reading this will probably let out that hopeless sigh and admit to that question; it’s something that most certainly needs to be addressed.
Make a clear, detailed list of your expenditures over the month and you’ll realise what you’ve been wasting your money on. Serious problems can arise out of spending more than you earn. Not only will you be further away from getting your hands on the car you’ve been dreaming about, but you’re likely to run into some debt issues.
Scribbling your expenditures down on a bit of paper will prove to be useless over time. It’ll simply get misplaced or accidentally destroyed. Log it into a spreadsheet and let technology work its magic.
Change your bank
Ditching your current bank is quick and painless these days. In just seven days, you can switch everything that’s going on in your banking world to a new, possibly more rewarding, bank.
Some banks offer superb join up rewards and even 3% cashback on your bills. If you’ve been a loyal server to your bank for some time, but have gained little reward, switch to a new one. It could end up being the best thing you’ve ever done, financially speaking.
Change your supermarket
Personally speaking, the best thing I’ve done as a means to save money was change from the big supermarkets like Tesco and Sainsbury’s to Aldi.
Being wary at first, it took time to realise that you can still get the same great products, but for significantly cheaper. I’ve probably saved around 50% on my weekly shop when I changed to Aldi, and I’m certainly a lot happier knowing that.
Sell it, don’t bin it!
The age of the internet has given us the opportunity to sell whatever we want from the comfort of our own home.
If you’re looking around the house for things to get rid of, don’t open up that black bin liner just yet.
Old mobile phones are another little gem to have lying around the house. Selling them off to recycling companies could see you pocket a decent sum.
So, what’re you waiting for?
Achieving your dream car for the right price
Nowadays the internet is a wonderful tool used by millions of people around the world for pretty much everything.
But with that said, there are also scammers, thieves and liars that prey on people looking to part with large sums of cash.
Be smart about where you’re sending your money. Check out the big motoring world opening times, because it’s all about accreditation.
Saving up for something as huge as a car is a big deal. You need to be focused for a long time and know when to tell yourself to avoid dipping into the car fund.
It’s certainly achievable; it just depends on the power of your will.