6 everyday rip offs that make you spend more than you need to

Posted December 8, 2013 by Student Profit Staff

Here’s six ways that you can save money every day simply by avoiding extra charges that you really shouldn’t be paying.

AMAZING supermarket offers that don’t exist

Just because a supermarket is shouting from the rooftops about its latest offers and deals doesn’t mean you should rush out in the hope of picking up a bargain. Pay attention to labels when shopping and compare prices of different quantities of the same product, you may find two smaller quantities are cheaper to buy than the larger one.

Supermarket offer

Supermarket offer

Late fees and interest

Whether it’s DVD rentals (assuming the likes of Blockbuster are still going when you read this), credit card payments or utility bills: Avoid extra charges by making sure you pay on time, and perhaps even interest on top of what you’ve failed to pay.

Setting up standing orders or direct debits will help you make sure your bills are paid on time (subject to funds) and sometimes will get you a cheaper deal too.

Double tipping

Keep an eye on those restaurant bills to avoid double tipping: Some places may include service charges automatically, while more unscrupulous eateries may even try to trick you into doubling your tip with sneaky tricks, often aimed at tourists or other ‘vulnerable’ groups.

Cash machine charges

Some cash points will charge over £2 for you to withdraw your own cash and frankly it’s quite disgusting. Avoid charging ATMs as a matter of principle, especially as there will almost always be a free one within walking distance. Supermarkets, shopping centres and garages usually provide free ATM services.

ATM

ATM

Debit and credit card fees

Avoid paying with credit cards where possible when a charge applies, typically when buying at budget brands such as hotels and airlines. Debit cards generally will have a smaller or no fee at all, while cash is often best when popping into your local convenience store or off license who may have a surcharge for small amounts when paying with plastic.

Cinema food

Cinema’s charge extortionate prices for their food and make huge profits on the likes of popcorn which costs just pence to produce. Bring snacks from home or buy them at a supermarket on the way and smuggle them in!

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