Maintaining a regular beauty regime, eating healthily and keeping up your fitness routine while trying to cut back during the recession can be a tricky balance. However, new research from moneysupermarket.com Shopping reveals that savvy women could save themselves £13,500 over the next five years by investing just £447 now on just seven everyday items that have high 'Annual Savings Rates' (ASR).
Dying your own hair, investing in home gym equipment and jumping on your bike are just three of the top ways that women can save big while maintaining their usual beauty and fitness regime. Experts at the price comparison site have put together the 'Seven Wonders of Saving' - advice on how to make prudent investments now on items that will reap long-term savings on regular purchases from salon visits to monthly gym fees.
The 'Seven Wonders of Saving' and their ASRs are:
|
Item and cost |
Cost of alternative |
Annual Savings Rate |
Saving over 5 years |
|
Home gym equipment
Pro Computer Fitness Treadmill: £79.99
V-Fit Portable Mini Bike: £29.39
= £109.38 |
Average annual cost of gym membership =
£780 |
£670.62 |
£3,790.62 |
|
Home hair dye kit
Recital Performance Hair Dye Golden Blonde: £3.99 x 6
£23.94 |
Highlights / full head colour every two months @ £99 = £594 |
£570.06 |
£2,850.30 |
|
Manicure Kit
Boots Salon Nails Manicure set: £18.59
Leighton Denny fast and fabulous nail polish set: £35.26
£53.85
|
Professional manicure once a month @ £25
= £300 |
£246.15 |
£1,446.15 |
|
Home spray tanning system
St Tropez 3pc Instant Spray Tanning system £32.99 x 2
£65.98 |
Professional St
Tropez tan six times a year @ £38
= £228 |
£162.02 |
£1,074.02 |
|
Home waxing kit
Rio Total Body Waxing Hair Removal Kit
£34.19 |
£39 full leg and bikini at The Sun Room, every 6 weeks, 9 times a year
= £351 |
£316.19 |
£1,720.19 |
|
Breadmaker and ingredients
Kenwood BM250: £38.45
+ £31.94 for flour, yeast and oil to make 66 loaves
= £70.39 |
Average UK household spends £85.14 per year on 66 loaves of bread |
£14.75 |
£227.55 |
|
Bicycle
Challenge Bullet 26in Ladies Front Suspension Bike
= £89.99 |
Average annual spend by commuters on fuel for the commute:
£454 |
£364 |
£2,220 |
|
Total spend
£447.72
|
Alternative spend
£2,792.14 |
ASR total
£2,343.79
|
5 year savings
£13,512.25 |
Simon James, shopping expert, moneysupermarket.com Shopping said: "Small regular purchases every week or month like loaves of bread and gym membership can go relatively unnoticed. But over the course of a year, these seemingly small purchases can add up to hundreds or even thousands of pounds. Investing in a breadmaker or treadmill might seem pricey upfront, but the savings can be massive in the long run."
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