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Matthew T
iD Mobile Employee
iD Mobile Employee
December 30, 2024
Blog

The iD Mobile Guide to Saving Money in 2025.

  • December 30, 2024
  • 208 replies
  • 19509 views
How to save money in 2025.

2025. The start of a brand-new year, and the time when we set resolutions and make goals. Saving money is a top resolution for lots of us, and with good reason - who doesn’t want to keep more cash?

Whether you’re saving up for a big purchase, clearing debts, or just trying to stretch your pay packet further, 2025 is a great year to get serious about saving. To help you on your way, we’ve rounded up five easy tips that can make a real difference to your bank balance.

 

1. Take some time to budget.

 

 

If you don’t already have a budget, now’s the time to create one. It might sound like a boring task, but trust us - it’s the key to successful saving. A budget gives you a clear picture of where your money’s going and helps you identify areas where you can cut back. Here’s how to get started:

  1. List your income.
  2. Track your expenses, from essentials like rent and groceries to all those coffee runs.
  3. Subtract your expenses from your income to see what’s left.

Once you’ve laid it all out, you’ll quickly see where you can make changes. Are those streaming subscriptions piling up? Could you batch-cook instead of ordering cheeky takeaways? A great tool to use is the Money Saving Expert Budget Planner. It’s free and really easy to use.

2. Switch and save on utilities.

 

 

Gas and electricity prices made headlines last year. And for lots of us, they’re still a bit of a headache. The good news? Switching providers can save you a chunk of cash. Services like Octopus Energy offer competitive rates, plus you can often snag referral discounts. Here’s a link to get you started.

Now let’s talk about your internet. Did you know you could save on broadband too? iD Mobile offers Unlimited Data SIM Only deals starting from just £15 a month, and if you pair it with a mobile router from Currys, you could have a budget-friendly Wi-Fi solution. Better yet, pop into your nearest Currys store - they can help you switch broadband providers to find the best deal.

 

3. Switch to iD Mobile.

 

 

We know most of you are already part of the iD family, but if you’re not… what are you waiting for? By seeing the light and switching to iD Mobile, you can save an average of £240 a year compared to major networks. Prefer a SIM Only Deal ? iD Mobile customers save an average of £15 a month compared to other providers. That’s £180 a year!

Already an iD customer? Take a look at your current plan - you might find that you’re eligible for an upgrade or plan change that saves you even more.

4. Get paid to switch banks.

 

 

Switching banks might sound like a hassle, but it’s never been easier. And some banks will even pay you to move your account. That’s right - free money just for making the switch!

Check out the latest offers on the Money Saving Expert Bank Account Comparison. Quite a few banks offer bonuses of £100 or more, and some throw in extras like cashback on bills or free overdrafts.

 

Bonus tip: Before switching, make sure you’ve got any Direct Debits or regular payments noted down so you can check they’ve all transferred correctly.

 

5. Get smart with shopping deals.

 

 

Whether you’re shopping for groceries, gadgets, or gifts, there are loads of ways to save. Here are three fantastic tools that are worth checking out:

  • Hotukdeals: Find the best sales and discounts on anything from tech to travel.
  • TopCashback: Earn cashback on your purchases from a huge range of retailers.
  • Honey: Automatically find and apply discount codes while you shop online.

The trick here is to avoid impulse buying just because something’s on sale. Make a shopping list, stick to it, and use these tools to save on what you genuinely need.

Wrapping up…

 

 

Saving money in 2025 doesn’t have to be difficult or time-consuming. It’s all about making small, smart changes that add up over time. From budgeting and switching utilities to making the most of cashback sites, there are plenty of ways to make your bank account feel better.

Now it’s your turn. What are your best tips for saving money?

Share them with the community in the comments below - your advice might just win you a Hive Smart Thermostat & Hub!

Entries close on 20th January 2025 at 23:59. The winners will be chosen at random and announced shortly after, so keep an eye on your inbox or DMs for a message from us.

    This topic has been closed for replies.

    208 replies

    New Contributor
    December 30, 2024

    Be honest with how much you’re spending and what your money’s actually going on. It’s really easy to put your grocery budget at £100 a week, but if you’re getting a load of specialist ingredients delivered twice a year from an internet company, or you regularly run out of milk and have to buy a pint or two before the “big shop”, you have to include that, or you’re not seeing the whole picture. Our grocery spend is uneven because we bulk-buy oil, flour, spices, etc from the Asian supermarkets a few miles from us. So we spend an extra £50-70 one week, but we save more than £150 over the next few months doing that. Keeping an accurate budget is a bit of a challenge in those circumstances, but if we don’t, we’re not giving ourselves the information we need...

    Active Contributor
    December 30, 2024

    Budgeting is a big one.

    Only buy things that are absolutely necessary.

    Shop around (and know your prices)

    I have also recently started doing surveys to earn vouchers towards the weekly shopping 

    Pete B
    New Contributor
    New Contributor
    January 3, 2025

    A great way to get extra benefits from your spending when using cash back websites is to pay using a credit card that gives you cash back or airline miles as well. Just remember to pay your credit cards off in full so you gain the full benefits.

    Active Contributor
    January 4, 2025

    I find shopping around and only buying stuff you need is really helpful. Also selling unwanted items through selling sites helps declutter and bring back some needed cash!

    New Contributor
    January 4, 2025

    Use lots of frozen vegetables not fresh 

    New Contributor
    January 5, 2025

    Put things in your basket or wish lists then leave them for a while, the company your buying from may send a voucher code to get you to buy, saving from hard earned cash

    January 5, 2025

    On the theme of heating the home (& thermostats), turning your boiler’s flow temperature down has been proven to improve efficiency, thereby reducing your gas bill, whilst still heating your home to a comfortable temperature. The Energy Saving Trust suggests that setting your boilers central heating flow temperature to 60c is often the sweet spot, but using trial & error is best, well-insulated homes may find 55c sufficient, whereas older properties may require a higher temperature. Source & further advice: Energy Saving Trust

    New Contributor
    January 6, 2025

    Avoid takeaways.

    Active Contributor
    January 6, 2025

    I highly recommend the 1p challenge on money saving experts website. I have done it the last few years and find it brilliant to help me save! 

    MummyToTandH
    Active Contributor
    Active Contributor
    January 6, 2025

    I put a little away each month. Usually that might only be £5 or £10 but it def helps! I also turn off lights in rooms we are not in and use cashback sites.