Five great money saving websites

Money saving websitesPic: Getty

Given the financial downturn we Brits have been experiencing over the past few years, most of us will have considered tightening our belts and cutting back on luxuries.

With the cost of living on the rise, many of us are looking for ways to save money on both those little luxuries and the daily essentials. Here are five websites that can help you do just that.

Doing exactly what it says on the tin, MyVoucherCodes is chockablock with offers on everything from clothes and gifts, to days out and travel, tech gear and takeaways. It's completely free to join, and the site is easily navigable, with listings sectioned into categories, the top 50 deals, and exclusive money off bargains.

Much like the comparison sites, cashback websites pay their customers a percentage of the commission they receive from sending traffic to retail and other sites. Topcashback has a great record when it comes to both quantity and speed of payout, and has some 3,000 websites listed as partners, including everything from insurance to grocery shopping. All you need to do is search the cashback site for the retailer you are looking to buy from, and click through from there - your purchase will be tracked, and the money transferred into your cashback account. It's a great way to get money back on those items you would be buying anyway - just don't be tempted to buy stuff just for the sake of it.

Say No To 0870
Much as it might sting, there are times when we are forced to call those pricey 0870 or 0845 numbers, and after spending 20 minutes on hold, such calls can end up costing a pretty penny. Say No To 0870 is designed specifically to help consumers find cheap or free alternative landline numbers for companies with 08 numbers, so that you can make the most of your call package and not pay through the nose for essential services.

Red Spotted Hanky
It seems that rail fare increases make the headlines each and every year, and if you travel regularly or make long journeys, even the smallest price rise can put a serious dent in your wallet. Red Spotted Hanky helps you to find the cheapest UK rail fares, and aside from next day delivery, there are no fees, either for booking or delivery. Plus if you use the site regularly, you'll build up loyalty points that could save you cash on future journeys, and if you find the fare cheaper elsewhere, they'll refund you the difference in loyalty points. The site also covers flights, hotels, hire cars, and even theatre tickets, so why not get on board?

Hot UK Deals
Basically a bargain-hunters' forum, Hot UK Deals allows you to quickly search for all the latest bargains, offers and money off voucher codes, on everything from groceries to smartphones. Users can share knowledge of great deals, hidden freebies, and there's also a forum where you can ask a question of the HUKD community.

What money-saving websites would you recommend to others? Leave your comments below...