With many struggling amid the ongoing cost of living crisis, some are looking for easy life hacks to save money this year.

Many groups such as students may be looking for ways to make their money go further by taking to popular social media platforms like TikTok.

There are hundreds of life hacks on the video-sharing website, so the experts over at Immerse Education have brought together some of their top picks.

One life hack purports to save shoppers up to 40% on certain items at the supermarket.

With all that said, here is how to save money.

Bradford Telegraph and Argus: (Canva) Many are looking to TikTok for easy life hacks to save money(Canva) Many are looking to TikTok for easy life hacks to save money (Image: Canva)

READ MORE: Experts warn over 'Monk mode' TikTok trend amid health issues

TikTok hacks that could save you money according to experts

Here are some of the financial life hacks recommended by Immerse Education:

The "would you rather hack" for saving money

This life hack claims to help people avoid impulse buying while trying to save money.

Business student Louise explained: "When I started to look at my bank statements in more detail I realised I was spending money on items that I hadn't planned on buying before going shopping. I knew I needed to change this."

"I then found a hack on TikTok from @lovechloejane that said that if you find yourself wanting an item, pick it up and look at the price. Then put that same amount of money in your other hand and look at both of them."

"Then you should play a game, if someone were to give you either the item or the cash for free what would you pick?  If you pick the money, put the item down as you don't need it. This game seems silly at first, but it would save me £20 to £30 every time I would go shopping."


5 ways to save money on your weekly food shop

 


Paying yourself first

When you get paid monthly, what tends to happen is that your savings are whittled down until there is almost nothing left.

However, a TikTok user recommended paying yourself first before letting the bills come out.

This could be done by setting up an automatic payment with your bank into a separate savings account.

Louise added: "Knowing that I had set up an automatic transfer to my savings account every month meant that I had to look at my other outgoings more carefully. This led me to cancel services that I didn't need such as Spotify and Netflix."

Finding online discount codes through influencers

The experts recommend turning to social media influencers for online discount codes.

Unlike traditional codes which expire, codes from influencers tend not to have an expiration date.

When shopping online, check out brand names plus the words 'partner' or 'brand rep' on apps like Instagram.

Here you may find codes to use when you checkout.

Weighing fruit and veg to save 40%

Weekly food bills can add up which is why it's important to find little-known life hacks to save money.

One user said that you can save up to 40% on your fruit and veg by weighing these items individually as prepackaged items are usually more expensive.

The user, who would have paid £1 for a bag of onions, only paid 60p when she weighed the same amount individually.

Your Money Matters

Your Money Matters is a campaign launched by us and our sister titles across Newsquest to help you overcome the surge in the cost of living.

This year has seen a whole host of household price increases — from the energy price cap rise to surging inflation and food prices — costing your family hundreds or even thousands of pounds extra per year.

We’re making it our mission to look out for your cash, offering money-saving deals, competitions, giveaways and insightful stories from your community on the impact this cost-of-living crisis is having on our readers.

The worldwide energy crisis exacerbated by the Ukraine invasion, the financial impact of the Covid pandemic, record inflation figures and a surge in the cost of goods, fuel and travel means we will all feel the pinch.

Through our newspaper, we want to do what we can to help make your cash go further because we know your money matters.