How to Grow Your Excess Without Giving Up Everything You Love

Your excess is what’s left after covering fixed expenses, sinking funds and flexible expenses. It’s the key to paying off debt, building savings and hitting your goals.

But how do you grow your excess without giving up everything you enjoy? Here are a few of our tips to grow your excess ⬇️

1. Trim fixed expenses 

🧾 Negotiate bills
Call utility or phone providers and ask for better deals

📺 Cancel unused subscriptions
Do a quick audit of your monthly outgoings and cut anything you don’t use!

🏡 Reduce housing costs
Try negotiating your rent or shop around for cheaper insurance

2. Assess flexible expenses

🌮 Meal plan
Stick to a shopping list to avoid overspending and save time

🛁 Budget friendly fun
Swap nights out for free events or cosy evenings in

💸 Set limits
Use separate accounts and stick to your budgeted spending

3. Audit sinking funds

🍾 Pause non-essentials
Temporarily reduce or stop contributions to funds for non-urgent goals

✈️ Reassess priorities
Focus on sinking funds that align with your current goals

4. Rethink spending habits

⏰ The 48 hour rule
Avoid impulse purchases by giving yourself time to reflect 

📲 Track your spending
Track your actuals to identify problem areas

🗓️ Give yourself challenges
Try ‘No Spend’ weeks or reducing takeaways for a month

5. Make simple swaps

🧴 Make brand swaps
Supermarket own brand items are often just as good but cheaper!

🥪 Bring your own
Make coffee at home and pack lunches to reduce convenience spending

🤓 Shop smarter
Use loyalty cards, discounts and cashback apps to save on essentials

Growing your excess helps you pay off debt faster, save more, and invest more. Start with small tweaks and watch your excess grow. We promise, once you turn the focus to growing your excess, you won’t be able to stop 👀