As a Glasgow Credit Union member, you’re already a saver, but a few small lifestyle changes could help save even more each year.
We’ve pulled together some top local money saving tips to help our members manage their money more effectively. See how much you could save with our savvy savings tips:
Out and about
Local activities Your much-earned free time shouldn’t have to cost you a fortune. Glasgow is bursting with free things to do, including museums, historic buildings, city trails, events, gardens, and parks that won’t leave you short of change.
If you want to burn some extra calories without the cost of a gym membership, check out your local Green Gym in Glasgow. It’s a free and fun outdoor session that will put you back in touch with nature. Unlike other conservation projects, the emphasis is very much on health and fitness – volunteers warm up and cool down in preparation for a range of light to vigorous activities to suit all abilities.
Libraries Many libraries now lend e-books, which means you can load books to a Kindle or tablet at no extra cost. Use your nearest local library and you may never need to buy a cookbook, guidebook or lifestyle manual again. Books and CDs are currently free to borrow and many new DVDs cost just £2.50 a week or £1 for kids’ films.
Parking Now that your diary is full of free things to do in Glasgow, make sure you don’t pay the price in parking with the help of Parkopedia. Find and compare parking charges (including free street spaces), opening hours and a parking map of all Glasgow car parks.
Rearrange your living room The layout of your living room can have an impact on your heating bills. For example, if your sofa is in front of a radiator or heater, it will be absorbing most of the energy that could otherwise warm the rest of the room. Even moving the sofa just a few inches from the radiator can reduce the time and energy needed to heat the room.
Boiling the kettle It may seem like a small thing, but when you consider that the average household boils the kettle 1,500 times a year, it all adds up.1 Boil just the amount of water you need – don’t fill it to the top. ECO kettles that only boil the amount of water required can use 20% less energy than a conventional electric kettle.
Switch it right off Switching off electrical appliances at the plug could easily save you between £30 – £40 per year. 2 Remember to fully turn off the TV, the PC and whatever else you keep on standby mode. It’s good for the environment too!
Energy saving bulbs A Compact Fluorescent Lamp (CFL) uses up to 80% less electricity and can save you £5 a year. That’s £70 over the 14-year lifetime of each bulb.3 They used to be expensive and bulky, but those days have passed.
Plan ahead According to research, the average family throws away £480 on uneaten groceries every year, while almost half of all the salad we buy goes in the bin. 4 Planning in advance (and not shopping when you’re hungry!) can avoid excessive impulse purchases.
A supermarket’s own-brand products are often made by the same companies who make the big-brand favourites. They may also contain less salt and sugar, making it a healthier option without diminishing the taste. Try something different the next time you go shopping and remember, big brands aren’t necessarily better.
Check your tax code Would you believe that 5.5 million people in the UK have the wrong tax code?5If you notice your numbers don’t add up, you could be paying too much income tax. Notify HM Revenue and Customs if you spot anything unusual.
It’s your call Are you spending a small fortune on mobile phone bills? Invented by Oxford mathematicians and approved by Ofcom, billmonitor analyses your mobile bills and usage against more than 4 million contracts and matches you to the right tariff. billmonitor’s ‘Bill Check-up’ also tells you how to save during your current contract and alerts you when you’re free to switch to a new contract.
Glasgow Credit Union make it easy to save regularly, either by Direct Debit or payroll deduction. If you have any questions or would like help with any of our services, please contact us on 0141 274 9933.
Please check first that you are eligible to apply:
You are aged 18 or over
You have a UK bank account in your own or joint names
You are a permanent UK resident
You have never been bankrupt or had a Court Decree
To complete your application you will need:
Your current employer's address details
Details of monthly income and outgoings
Bank or building society details (sort code and account number)
To enable us to make a decision on your loan application we will contact Credit Referencing & Fraud Prevention Agencies. This will register a search against your credit record and if your application is successful we will share the information we hold for you with these agencies. Further details are available in our Privacy Notice
It is important that you read the Privacy Notice document above. If there is anything that you do not understand, please contact us.
Please be aware that the longer you take to pay back a loan, the more you will pay back in interest. If you go for a shorter term your monthly repayment might go up, but you'll save in interest and pay back your loan faster.