According to research by comparison site Gocompare.com, vouchers, money-off apps, packed lunches and home cooked meals are popular money savers together with shopping around for insurance and reducing energy use to shrink bills.

But, while 70% of us are happy to share money saving tactics with friends and family, 27% of those surveyed kept their coupons and other money saving tips to themselves.

The research revealed that 95% of people are always looking for ways to save money.

Britons’ favourite money saving tactics include:

 

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Rank	Favourite money saving tactic	%
1	Use vouchers, coupons, money-off apps to get discounts	57
2	Take a packed lunch to work	50
3	Shop around for insurance	49
4	Turn the thermostat down to reduce heating bills	49
5	Use loyalty and cashback schemes	49
6	Cut down on takeaway meals	46
7	Do more home cooking and batch cooking	41
8	Keep a coin jar and save change	41
9	Take your own treats to the cinema	40
10	Plan meals, make a shopping list and stick to it	38
11	Cut out takeaway coffee/coffee shop treats	38
12	Don’t impulse buy – sleep on it	37
13	Switch energy supplier	35
14	Buy second-hand instead of new, use sites like eBay or Freecycle	31
15	Never grocery shop on an empty stomach	30
16	Draw up a budget and stick to it	30
17	Don’t use a tumble dryer	29
18	Review your satellite or cable subscription or cancel it altogether	27
19	Switch to a cheaper supermarket	26
20	Leave the car at home and walk or use public transport	25
21	Review your mobile phone contract or come off a contract altogether	25
22	Cut up your credit cards	23
23	Transfer all credit card debt to a 0% card	22
24	Review your gym membership or cancel it and train outdoors	21
25	Only use cash – not cards	20