As we slowly emerge from our lockdowns across the world, the idea of trying to save money during a pandemic seems impossible. That’s far from the case. Many people have lost their jobs and businesses are having to adapt swiftly. It’s good to remember that saving money doesn’t necessarily mean transferring lump sums into a savings account.


Here are four ways to save more during a pandemic:

Start a small change emergency fund

I’ve always been an advocate for people saving their small change because it really does add up as time goes on. Creating a small emergency fund can help you with unexpected expenses that can come up when isolating. Think of those times you’ve had to run to the corner shop for essentials. Saving your small change after you’ve done your weekly shop or when you have spent a money note can come in handy when you really need it.

Slash your subscriptions

We’re all guilty for having one too many subscriptions that we don’t need. More than £2 billion is spent on subscriptions every year in the UK and over 60% of people have subscribed to Amazon Prime alone (Finder, 2020). Cancelling subscriptions that you don’t use frequently can save you some extra money during these uncertain times, and you may find that you didn’t need that subscription after all. We also know that there’s just some things we can’t let go.

£2 billion a year is spent on subscriptions in the UK

Cut back on electricity use

During the pandemic, we have all been home more than usual. The average electricity bill for a UK resident in 2019 was £58 a month (Davis, 2019). This was before we were isolated for over three months causing us to burn much more. With the slow easing of the lockdown and people returning to work, there is more opportunity to save money on utilities such as electric. By turning off appliances that aren’t in use often, you can consistently cut your electric bill during a pandemic and after.

The average monthly electricity bill was £58 in 2019

Try cooking your favourite foods more

If this pandemic has shown us anything, it is that there are many of us are chefs in the kitchen. According to the Independent, more than a fifth of the UK were cooking every meal from scratch during quarantine compared to one in eight before the lockdown (Hughes, 2020). A study of almost 2,000 adults highlighted that cooking became a new found favourite for the nation. Now that pubs and restaurants are re-opening, and more takeaways are becoming available for delivery, it can be tempting to go on a spending spree. Try creating a more balanced eating habit where you substitute your favourite takeaways for some of your new home recipes.

Cooking from scratch can save you more than you think

2020 has been a challenging year for us all, and it is significant to note that it will take time for people to get back on track. That is okay. Tailor your saving methods to your lifestyle, and don’t forget to treat yourself from time to time.

T K Williams-Nelson


Published by T K Williams Nelson

I'm Tannika. Author & Writer. Business Owner. Spoken Word Poet. As featured in The Kilburn & Brent Times, The Voice Newspaper, Brent Magazine, BBC and more. This is my space. I share my work, my experiences and things I find interesting. Shop my streetwear and crochet brands at my online boutique, Unique Boutique London, and my books: Tales of the Hood Underclass 7 Time is Money Available on my author website, Amazon, Barnes & Noble and all other online book retailers. For enquiries:

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