How I plan to achieve £3000 in savings this year
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How I plan to achieve £3000 in savings this year (and you can too!)

I recently wrote about the new year being my financial fresh start, with a few aims and objectives. Now I have a clear view of what I want to achieve and how I’m going to get there. The plan is to achieve £3000 in savings by the end of 2018.

I picked £3000 because although it’s not a life-changing amount, it’s the perfect sized rainy day fund for if something goes wrong or if my husband has any long-term sickness from work. We both have quite oldish cars which frequently need repairing to keep them on the road.

How I plan to achieve my goal of £3000 in savings this year

Firstly, I should explain that anyone can use these methods. We are by no means well off, my husband is the only one who goes out to work and I make money on a freelance basis on my other blog (Accidental Hipster Mum).

No risk matched betting

I’ve been matched betting on and off for about a year and half now. I only ever stop because I run out of time or get bored of it, then it feels hard to get back into the swing of it. It’s not hard to do, and if you use a service like Matched Bets (affiliate link) then it does all the maths for you and kind of holds your hand along the way.

There’s a lot of myths out there that you need a lot of money up front to do matched betting, but if you only have a small amount of cash free, you can do it with that too. I started with £50 and made £100 profit in my first week. When you’re new to matched betting, you earn the most money quickly, but realistically, even if you stick to small bets and have been doing it a while, you can make between £7 and £15 a day. I was earning about £300 a month just doing it casually on small bets on horses. I wasn’t confident and did want to risk making mistakes. You can’t lose any money if you follow the instructions properly, but you can lose your stake if you misunderstand and do it wrong.

So if you earned £300 a month just from matched betting, that would give £3600 a year that you wouldn’t normally have! Of course, you’d have to pay the monthly fee for the matched betting service, Matched Bets is the cheapest at £14 per month.

Topcashback & Swagbucks

I never bother with the free surveys etc., because they’re really time consuming for the money that you get paid. I do, however, really rate them for their cashback services. Any time I buy anything online, I check Topcashback and Swagbucks to see which is offering the highest cash back. It soon adds up and I earned over £100 in cash back last year. If I did that every year that’s £100 closer to the the £3000 in savings goal I’ve set myself.

If you follow my Topcashback referral link here, you’ll receive a £5 Argos card and I’ll get some cashback for recommending you too!

If you follow my Swagbucks referral link, you’ll get 500SB (Swagbucks: the currency they use that which converts to cash or vouchers) and I’ll get 50SB for referring you!

It’s literally money for nothing. Do it now!

Cut Down on Supermarket Spending

How I plan to achieve £3000 in savings

We’re a family of 4; two adults, two children. We should be able to comfortably get by on a shopping budget of £60 per week, but since I never write a list or make a budget, I’m bound to be throwing money away on stuff we don’t need each week.

I plan to draw out £60 each week before I shop, and only get the shopping from budget supermarkets like Lidl and Aldi. I suspect, I’ll be able to wrap the shopping up in £50 most weeks, so that extra ten will go into a money box, to be banked at the end of the year. I could potentially rack up £520, not to mention the extra I’ll have saved from making the effort to budget properly. Well on the way to that £3000 in savings!

Checking my Tariffs for Better Deals

It always pays to ring your utility companies to see if you’re on the best tariff for your usage. I check yearly with my energy provider, Anglian Water, Virgin Media and shop around for insurance. If you can save money by changing the tariff, you should set the difference aside to help you in a pinch.

I don’t know about you, but that £3000 in savings sounds awfully achievable, doesn’t it? Will you be doing any of these things? Let me know in the comments.


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A detailed account of how I plan to achieve£3000 in savings


6 thoughts on “How I plan to achieve £3000 in savings this year (and you can too!)”

  1. I love this- i too hope to have a rainy day fund by the end of 2018. I have delved into matched betting but found i backed out when it go to hard for me, Im not sure how easy it would be for me to pick up again #RVHT

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