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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

    Active Contributor
    January 7, 2025

    Wait until your regular grocery staples are on offer then stock up on them. I do this for snack bars, pasta, baked beans, biscuits...

    Rebekah McGibbon
    Active Contributor
    Active Contributor
    January 7, 2025

    Once you've figured out your budget, think about how much you can comfortably put away on a monthly basis.

    You can keep the money at home in a safe place, or you can look at opening a savings account.

    There I lots of options to choose from both high street and online providers. Depending on your age and/or income you could be eligible for a government savings account.

    I took out a government 'help to save' back in 2020 on the recommendation of Martin Lewis and just set up a direct debit for it so I couldn't forget to pay in.

     

    Victoria Myhill
    Active Contributor
    Active Contributor
    January 7, 2025

    Batch cook and freeze the products on offer

    Active Contributor
    January 7, 2025

    I switched my phone contract to you at ID mobile from EE and have made a saving of £11 per month, I have the same deal too, unlimited everything!!

    I am saving my £11 per month, putting it away in a savings account, that’s £132 a year!! Whoop whoop, thank you ID mobile!! 

    New Contributor
    January 7, 2025

    To help you to not overspend, get one of the free pre-paid cards and once you've worked out your shopping budget for the week/month, load that amount onto the pre-paid card and use that to pay for your shopping. Once it's gone you know you have spent all you can afford for that week/month.

    You can keep a check on how much you've spent off the card and how much is left via the app or online, so you have a much better control of your spending. 😊 

    Tim Field
    Active Contributor
    Active Contributor
    January 7, 2025

    Use cashback sites when buying online

    MTW
    New Contributor
    New Contributor
    January 8, 2025

    Once you've set a budget, schedule a weekly review, with your partner if you have one. Take the time to review your adherence to the budget you set. Every article on money management starts with 'have a budget' but they only work if you stick to them. This will help.

    New Contributor
    January 8, 2025

    Having Huel (not a promotion) for lunch at work. Stops me going to shop each day and spending double or triple on a meal deal or equivalent. And a lot easier than meal prepping each day!

    Also, before buying new things always handy to check if there is something on Facebook marketplace first.

    Active Contributor
    January 8, 2025

    Sleep on it. That’s what I do. A lot of new shiny tech etc seem like the best things since sliced bread but if you take a couple of days to think how much you would use it or whether it is actually so much better than what you are using you might decide it isn’t worth the purchase and you can put that money towards a new device when you actually need and/or will benefit more from it.

    Susan Staddon
    Active Contributor
    Active Contributor
    January 8, 2025

    Only having the heating on for 2 hours in the evening and wearing warm clothes during the day, also use a dehumidifier to help with condensation and it warms the room and dries washing without using a tumble dryer, we also use a Air fryer or slow cooker instead of the main oven it all helps