Couple who saved £20,000 in just 10 months share simple changes they made

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Abby Dunsmure took to TikTok to share her and her husband’s penny-pinching tricks that saw them save £20,000 in just 10 months, like ditching takeaways and branded produce

With Christmas coming up, we will all be looking for ways to save a bit of money here and there.

So thankfully one couple has revealed how they managed to save £20,000 just by ditching takeaways and branded food from the supermarket.

She said: “Here is how we’ve saved £20,000 in ten months.

“We’re aiming to save £90,000 over the course of three years and I’m going to tell you how we’re doing it.

“Let’s do this.”

Abby said the first thing they did was open a savings account “because the last thing you want to do is have your money altogether.”

She said: “It’s easy just to separate it and that way you cannot dip into it as easy.

“So my advice would be to open a savings account and keep all your bills and savings separate.

” Budget, budget, budget.

Switching to own-brand products when you’re doing your food shop also makes a big difference says Abby.

“Food, cleaning products, you name it, you can get everything cheap and you will not know the difference,” she said.

“Spaghetti hoops and salad cream – they taste the exact same.

“Some things you can notice a difference in taste – 9 times out of 10 you cannot and you save a lot of money.”

Grabbing a box of Lidl’s own coffee for 80p instead of splurging on Starbucks or Costa could save you a fortune, as could taking a packed lunch into work instead of buying food every day.

“It will save you a lot of time, a lot of money it’s unnecessary spending that you can easily do and prep the night before,” she commented.

When it came to takeaways, Abby said she “can’t remember the last time she had one.”

“We don’t really eat takeaways anyway but we budget probably once every three or four months for a takeaway,” she said.

“There is no need to be having a takeaway, or two or three every week.

“Save the money.”

She also recommended thinking about money in terms of working hours.

Abby explained: “Think about money in terms of working hours.

“For example, if a handbag costs £80 then it took you, for example, 8 hours to earn £80.

“Do you really want to spend £80 on a bag that took you 8 hours to earn?

“Personally I wouldn’t want to get up at 6am and work an eight hour shift for an £80 bag.”

Abby’s final tip is all about wants vs needs.

Abby said: “Ask yourself, do you really need it or do you just want it?

“There’s a difference between need and want – learn the difference.

“As a former impulse buyer, I now know the difference between needs and wants and it has changed my life completely.

“Do overtime wherever possible.”

Since being posted, the video has gone viral racking up almost 90,000 views, 4,200 likes and hundreds of comments.

One person said: “Love this. Thanks for giving me something to think about.”

Another wrote: “Smart thinking… but my bad shopping habits can really take over sometimes,” to which Abby urged her to just find her ‘why’ – something to aim for when deciding to save.

A third commented: “Love the think of the hours it takes to earn the money, this is something I used to do and fell away from! Defo getting this mindset back.”

Abby also received a lot of questions in the comments about whether she lives at home with her parents rent-free, how much she earns and how saving has impacted her social life.

She said: “I left home 7 years ago. I rent. This year has been hard, unexpected job change due to a contract change but we do a lot of overtime.”

When asked how much she makes, Abby confirmed: “Me and my husband both work in the care sector. We earn about £3k a month and save £2k of that a month! We do a lot of overtime.”

And she says “We have no car, debts we don’t drink or smoke.”