Having good digital skills can help you make and save money online. In this guide we've pulled together some tips and resources to help you to save money online.
What digital skills will you need to save money online?
- Searching the Internet – click on the link for a printable guide.
- Fill in an online form – click on the link to our guide on how to do this.
- Have an email address and know how to use it – click on the link for a printable guide.
- Possibly using a mobile phone so they can use 2FA (2 Factor Authentication).
Some top ways to save money online
1. Switching suppliers. This includes utilities such as electricity, broadband, gas. The UK is experiencing high energy costs and it may be beneficial to compare prices with other suppliers. Ofgem guide to switching energy suppliers is a site to find out more. If you are on certain benefits then you may be entitled to discounted services, such as broadband social tariffs.
2. Shopping online/price comparison sites. It is possible to save lots of money if you shop online instead of on the High Street. Products and services in this group include food, all types of insurance, flights, holiday accommodation and more. Examples of sites you can use are: Confused.com, Compare the Market.
3. Sign up to online vouchers and special offers Online coupons are cheap to create and therefore larger discounts are available. Examples include: Honey Savings, Discount Voucher codes.
4. Learn about budgeting and banking apps that can help manage your spending. Examples include:Snoop, Emma app (free version is best value), Money Helper budget Planner.
Staying safe while transacting online
If you are unsure of how to stay safe whilst transacting online, then brush on things like how to identify a reliable site and use strong passwords using our free guides.
Further help and support
- Money Saving Expert has lots of expert advice on many ways to make extra money https://www.moneysavingexpert.com/latesttip/.
- The Family Fund charity has a good section on finance online https://www.familyfund.org.uk/finances-online.
- Digital Unite’s practice online form for learners https://www.digitalunite.com/practice-webform-learners.
Last updated 5th October 2022