A survey of 2,000 adults has found that 77% believe that by starting small, positive habits today, they will be able to make their lives simpler in the future. The research, commissioned by Smart Energy GB, revealed that three in four Brits try to keep their 'future self' happy but struggle because of unexpected expenses.
Small habits, long-term gains
Ways in which people try to help themselves in the long term include building up loyalty points with favourite brands (47%) and planning meals in advance to make ingredients go further and cut down on food waste (41%). Nearly a quarter (23%) have considered switching banks for better deals, and 17% round up and save the difference each time they make a purchase to build up a small savings pot.
However, six in 10 said it can be hard to think too far ahead - because they never know when an unexpected expense is round the corner (46%). Technology is helping many people plan ahead, with 28% revealing they use tech to keep a close eye on household spending.
Expert advice and winter concerns
Television presenter Anthea Turner, an expert on practical living and home organisation, said: “Life can be busy, so it's always satisfying when you've done something that makes things a bit easier for yourself further down the line.
“Whether it’s planning meals, switching from an analogue prepay meter to a smart meter so you can top up from home or shopping around for a better deal on insurance, small decisions can add up over time. The research shows how many people are already taking steps to help their future selves.
“It doesn't have to be big changes. Sometimes it's the small habits that can make a difference later on.”
With winter often bringing higher energy costs alongside extra spending at Christmas, 73% think it's important to start planning nice and early. Research carried out through OnePoll found 63% are most concerned about their energy bills in the colder months, with 84% already taking practical steps to build a financial cushion ahead of the winter season. These include buying Christmas gifts when they see them (30%) or building up an emergency savings pot (28%).
Smart meters and practical steps
Victoria Bacon, director at Smart Energy GB, which commissioned the research, said: "The findings show many people are looking for simple ways to stay one step ahead and feel more prepared for what's around the corner. If you prepay for your energy, upgrading to a smart meter can help.
“Smart prepay meters enable you to top up from home rather than having to make a journey to the shops, and the display helps you keep track of your remaining credit. Having a clearer view of your energy use and credit can make it a bit easier to plan ahead and stay in control, especially when managing household budgets.”
Anthea’s five small actions which can help your future self include planning meals a few days in advance, getting smart with your energy, checking for better deals on household bills, building up loyalty points and rewards, and buying seasonal items early when possible.
