Surprised no-one has mentioned it yet but www.moneysavingexpert.com is actually very good. I'm normally a bit skeptical about such sites but having kept an eye on it over the past couple of years I think it is definitely worth a gander. Much of the info is common sense but I still pick up bits and pieces of info and while no substitute for doing your own research it certainly gives you some pointers.
What I would recommend is looking at where you spend most of your money, and try and cut down that a bit. Things like cutting electric bills (usage) look good on paper but it's fairly hard to save more than £5-10 a month, and you have to ask yourself whether it's worth the effort. Whereas for example slashing big fixed costs like mobile phone, TV, internet, insurance etc is where you can make some real savings with very little/no difference to your quality of life. For example instead of getting a new phone when my contract ran out I opted to have a tenner off instead. At the end of the day, do I really care I could get a phone with a 10 gigapixel camera and and extra 5 billion colours on the display? Or would £120 in my pocket over the year be better.
Don't forget that monthly outgoings are not purely limited to bills and living costs. Things like servicing debts (if applicable) can eat up money necessarily. Sort your finances out and start leeching off the banks i.e. interest free credit cards (paid in full before the free period expires), £100 for switching current account, choosing the best place to invest any spare cash etc.
What I would recommend is looking at where you spend most of your money, and try and cut down that a bit. Things like cutting electric bills (usage) look good on paper but it's fairly hard to save more than £5-10 a month, and you have to ask yourself whether it's worth the effort. Whereas for example slashing big fixed costs like mobile phone, TV, internet, insurance etc is where you can make some real savings with very little/no difference to your quality of life. For example instead of getting a new phone when my contract ran out I opted to have a tenner off instead. At the end of the day, do I really care I could get a phone with a 10 gigapixel camera and and extra 5 billion colours on the display? Or would £120 in my pocket over the year be better.
Don't forget that monthly outgoings are not purely limited to bills and living costs. Things like servicing debts (if applicable) can eat up money necessarily. Sort your finances out and start leeching off the banks i.e. interest free credit cards (paid in full before the free period expires), £100 for switching current account, choosing the best place to invest any spare cash etc.