Do you look at your bank statement and wonder where your pension went so fast? Never fear! With a few highly actionable tips, you too can be ending the week with a surplus to spend on something more than the status quo.

1) Make sure you’re claiming the benefits you’re entitled to!

Not a money saving tip, but its the most important one here. If you are not claiming benefits that you’re entitled to, you are throwing free money away.

2) Cut the cost of your household bills

Make sure you’re not overpaying your household bills by using a cost comparison site.

3) Use cheap airlines for your summer hols

Going on holiday isn’t just for the well off. With cheap flights, anyone can explore on a budget. So make sure you’re not paying too much for your travel.

4) Compare the cost of your insurance every year

Don’t let lethargy get in the way of cheaper insurance costs. Use a site like compare the market to make sure you’re getting the best deal. Don’t be scared to negotiate with providers either.

5) Shop around for your weekly shop

In the age of price matching and rewards points, it’s hard not to find a bargain in any of the supermarkets. With the mainstream supermarkets matching prices in the low cost shops, make sure you’re getting the best deals by comparing shops online before you go.

7) Stop smoking

I’m not even going to explain this one!

8) Ask for a discount

If you don’t ask then you don’t get. You may be surprised how many places are willing to haggle. If you don’t like the idea of this, at least ask if there are any deals on at the moment that you’re not taking advantage of or that are not advertised openly.

9) Cancel memberships you don’t use anymore

Do you have a gym membership that you don’t use? Sports club? Well, firstly, you should probably be using these and getting your moneys worth. Its good for you and your overall happiness. But, if you insist, then cancel them and save the money.

10) Buy staples in bulk

Thinking a few weeks in advance can help save money. Is your usual shower gel down from £2 to £1? Stock up and save a pound each time you use a bottle! This method requires a little more patience, but you do save money in the long run.