The top 20 ways adults are trying to save money

A poll of 2,000 adults found 48 per cent have tried a new way of conserving cash in the last 12 months.

Other cost-saving methods include shopping at discount stores, buying in bulk and learning to mend damaged clothes instead of buying new ones.

For 27 per cent, home energy use has been the priority area for cutting their spending, with 51 per cent of those who have a smart meter claiming it has helped them control their bills.

While 31 per cent found price comparison websites were an invaluable tool for saving cash, and 16 per cent relied on savings spreadsheets.

But the survey, commissioned by Smart Energy GB, found 26 per cent aren’t sure where to go to find ways to save money.

A quarter would ask family or friends, while 12 per cent would use a social network and eight per cent would go to a charity organisation.

However, 37 per cent of those attempting to put cash away have still not found a saving method that works for them in the last 12 months.

Following the findings, financial guru Meg Micklewright, 26, who runs a money-saving-tips Instagram account, @thesavvysaverofficial, has offered her advice on how to save cash.

These tips include taking advantage of cashback apps, which allow you to save money on ‘absolutely everything’ – and never buying branded items.

The Birmingham-based financial guide said: “In terms of food shopping – shop unbranded, you’ve got to.