Ireland’s Guide To Money And Living

The frugal life

Frugal life

There’s no time like the present to start saving and develop a more frugal outlook, no matter how much you can put aside each month. €50 per month might not seem like a lot, but that adds up to €600 per year, which could come in handy on a rainy day.

So, how can you get started on your savings path?

Spot the savings

When you’re trying to get into the habit of saving, it’s handy to pinpoint where your money is going, and how much. provides a handy spending calculator to figure out just how much that morning coffee is costing you.

Travel for less

If you’re booking a holiday abroad, don’t simply opt for whatever price Ryanair gives you. Use comparison sites like Skyscanner (which also searches for hotels and rental cars) to find the best price across a range of times and airlines, leaving you with more money for drinks by the pool!

Cut down on the car

If you want to cut down on your motoring costs, there are plenty of ways you can do it, from shopping around for a different insurance provider (always check with brokers) to switching your route or travel method to work.

If you prefer driving, use to keep an eye on fuel prices in your area – you’d be surprised at the variations within a small radius, particularly in Dublin and other large urban centres. While you’re on the road, avoid aggressive use of the brake and accelerator – slow down and plan ahead and it could make the difference to your fuel bill. Always make sure your tyres are properly inflated (these should be printed in the owner’s manual), and ensure your vehicle is regularly serviced.

Energy savings

Saving money on your energy bill doesn’t necessitate installing solar panels or switching heating systems. It can be as simple as switching off lights in rooms that aren’t in use, turning off the television rather than leaving it on standby, and making sure you fill appliances like the washing machine and dishwasher each time they run.

Other energy saving tips include ensuring your fridge and freezer seals are working correctly, taking showers instead of baths, and avoiding opening the oven door while cooking.

Health and wealth

If you’re thinking about changing insurance provider after a nasty premium hike, use the Health Insurance Authority’s insurance comparison tool to find the best deal on the cover you want.

Cut down on food waste

Buying food you don’t need or won’t use won’t help your weekly shopping bills. has got a few good tips for grocery shoppers – eat before you shop (to save purchasing unnecessary items when you’re hungry), compile an inventory of everything you have and base your shopping list on that – and stick to it, and always check the use by date to make sure you have time to consume it.

When not writing about all things personal finance, You & Your Money's editor Conor Forrest enjoys reading, football and getting lost in an ocean of Wikipedia articles.