Seven five-minute jobs to boost your finances by almost £4,000 in 2025
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AS the cost of living crisis continues to bite for families across the country, it is worth exploring the small things you can do to ease your financial burdens in 2025. Some of these suggestions are quick fixes, others might take more time. But by next Christmas, you could have some money put aside or have paid for that big purchase.
It’s a good time of year to have a subscription service declutter, as you might find some ongoing payments you’ve forgotten about for a service you never use. These could include streaming services, food delivery, pet food or magazines. You can usually cancel them by either contacting the service provider or cancelling the direct debit with your bank.
A survey by Vision Express last year found that the average Brit pays out nearly £500 every year on subscription services, so by reducing this amount even by half would save a significant chunk. According to Tesco, the average British family is wasting approximately £800 worth of edible food a year with staples including bread, bananas and milk topping the bill of most binned items.
By sitting down and taking five minutes to work out what your most wasted items have been lately, you can plan for next year’s grocery bill to be a lot lower, and you’d be doing your bit for the planet too. It’s also worth shopping around for the best price for common items, or switching from branded ranges to supermarket own brands.