Making your £10 note go further in 2020

On the face of it, £10 doesn’t sound like a huge sum of cash. However, the reality is that £10 can go a long way — even in 2020. With restaurants offering half price deals left, right and centre, for example, eating out on a tight budget has become an affordable luxury.

So, what else can you get for your money with just £10 in your pocket?

Bag a bargain holiday

While holidays abroad are perhaps not on the cards for many people at the moment, it’s also the case that those who are able to travel to approved countries or have the time to quarantine on their return are snapping up some bargains. The era of the £10 flight is certainly far from over and checking out websites like the Ryanair bargain bin is a smart move.

Playing £10 deposit casinos online

Films like “Casino Royale” create the impression that you need to be able to flash the cash in order to enjoy a game or two of poker, roulette or another casino favourite. While that might be the case at some of the world’s top casino outlets, the internet has changed that. For those who cannot cross Vegas off their bucket list in the foreseeable future, there are plenty of online casinos on which you can put down a £10 deposit to take advantage of special offers. Sites like those listed on this website show that some of these £10 deposit casino sites are even amongst the “top 10 best” in the UK.

Restaurant meals out

The coronavirus pandemic has caused a hole in many people’s finances, and it’s easy to see why. Job losses have bitten hard, and some people have found themselves unable to work for health reasons. However, now that people are beginning to get back on their feet as the lockdown comes to a close, there are some bargains to be had — especially when it comes to eating out.

The government’s “Eat Out To Help Out” scheme closed at the end of August, but many food service businesses have decided to keep the scheme going anyway. Pizza chain Franco Manca and family favourite firm Pizza Hut both have some versions of the deal on offer, although terms and conditions can apply. The food delivery service Deliveroo is offering a discount of £5 off some orders valuing £20 or more, so if two of you are dining out together, you can certainly make that £10 go further.

Stock up on items

Even the most organised of householders find themselves running out of certain key non-perishable items around the house from time to time. Whether it’s loo roll or washing up liquid, everyone’s been there, and while bulk buying might make sense in theory, in practice it can quickly just become a drain on your cash. This doesn’t have to be the case, however, if you’re savvy about your shopping and opting for discount retailers like Poundland. It’s worth noting that some discount retailers do impose item limits, but if you do your stocking up over the course of a few days, you’ll be able to reap the benefits and make that £10 note go further.

Save rather than spend?

Brits are taught from a young age that it’s wise to save a little cash where possible — and some super-savers take that even further by ensuring that they have years’ worth of living expenses in the bank. In the current economic climate, however, there’s little to be gained by putting that £10 note in the bank.

Interest rates have been taken down to all-time lows in many major economies, partly in order to disincentivise saving and instead get consumers out stimulating the economy by spending instead. Even if your bank offered you a 0.1% interest rate, that would still only equal £0.01 or so in interest over the whole year! One option is to place any spare tenners you have into a high-growth investment account, where returns can be much higher, but the risk is higher too, and it may be worth getting proper financial advice before going ahead.

So, even if you’re feeling a bit strapped for cash at the moment, there’s no need to despair. By looking a little more carefully at the range of offers and discounts available at the moment, you’ll be able to bag yourself a bargain. From a cheap but delicious meal out to a flutter or two at an online casino, you can extend the value of that tenner in lots of different ways.