What is “Upcycling” and How Can It Save Me Money?

Upcycling and Saving Money

Upcycling is “ the process of transforming by-products, waste materials, useless, or unwanted products into new materials or products of better quality and environmental value.”

The easiest way to explain this is to watch the BBC TV show, “Money For Nothing”, and then you will understand.

They take items that people would be tossing away in the tip or skips, and recycle or upcycle them into something useful and useable again.

It is a great concept, and one more and more people are following.

Many people want to not just save money, but also help the environment as well.

And as they say, “one man’s trash, is another man’s treasure”. So why not upcycle items so ave money and save the planet.

Recently one woman did just that, in part out of necessity, as she could not afford to replace an older worn out sofa, and in doing so, she has saved herself hundreds of pounds in replacing the sofa.

But why stop there with just a sofa, you can literally upcycle your entire home.


While not upcycling in the truest sense of the concept, you’d be surprised how a “lick of paint” can transform your home.

And if you do the job yourself, it can be done on the cheap.

You can change colours of rooms, add bordering, mix and match skirting boards to the walls, the possibilities are endless, all on the cheap and your time.

In addition, you can say you DIY’d it.

Here are a few more upcycling ideas, some are easy to do, and some may be more challenging and require a bit more patient.

Book Knife Block: You take a few old hardback books, and lash them together in some pretty bow or knot, and use them as a knife block. You can store your kitchen and cooking knives in the pages. Not only quirky, but also reuses the books.

Reupholster Chairs: This was a little weekend upcycle project in my own home a few weeks ago.

The table and chairs in our dining area were going on 10 years old, and as you can imagine, a lot of food spills had occurred on the chairs. But the table still looked good.

Purchasing some material and a staple gun, we were able to remove the cushions, cover the old fabric with the new, and next thing you know, new chairs. All for very cheap.

Colander Hanging Baskets: If you go into a charity shop, especially those that seem to specialise in kitchen utensils, you can always find a few colanders hanging about (pun intended). These can be used to be made into hanging baskets for plants.

The beauty of these are that they already have holes in them for water drainage.

You can paint them any colour you want or need and bada boom, bada bing, hanging baskets.

Cabinet Updates: A friend of mine recently updated their bedside cabinets by replacing the knobs on the drawers.

They found these old time porcelain cabinet knobs at a charity shop and used them to replace the worn wooden ones that were on the cabinet. These new handles/knobs, transformed the entire cabinets.

Ladder Hangers: If you can find an old wooden ladder at various antique or junk sales, they can be upcycled into towel racks/hangers, or even used for clothes and scarves to be hung on.

Shutters as a Headboard: Using old shutters as a headboard for a bed is a great way to upcycle the shitters, and add a bit of character to your bedroom.

Old Jumpers into New Mittens: You can take old jumpers and upcycle them into mittens just by copying your hands and sewing the two sides together.

There are hundreds of ways to upcycle items so save you money. You are only limited by your imagination.

Leave your comment

<strong>What is Our Criteria For Applying?</strong> 
Every lender on our website has their own specific criteria by the basics are mentioned below and you must have a guarantor to be eligible. Simply select the lender of your choice and you will be taken directly to their website where you can apply. You will be required to submit your details including:<li style=”text-align: center;” data-mce-style=”text-align: center;”>Name (must be over 18 as the borrow, 21 or 25 as the guarantor)</li><br /><li style=”text-align: center;” data-mce-style=”text-align: center;”>Residence (your chances will improve if your guarantor is a homeowner)</li><br /><li style=”text-align: center;” data-mce-style=”text-align: center;”>Employment status (must be employed or on a pension)</li><br /><li style=”text-align: center;” data-mce-style=”text-align: center;”>Income (earning at least £600 per month and able to make repayments)</li><br /><li style=”text-align: center;” data-mce-style=”text-align: center;”>Monthly expenses (not have too many loans open or in major debt)</li>
You will then be asked to include the details of your guarantor and as mentioned above, this is usually someone who you know and trust and wants to help you with your personal finances. Ideally, a guarantor with good credit will maximise your chances of being approved based on the idea of ‘if someone with good credit trusts you, well we can too.'<strong>How Much Can I Borrow From Guarantor Loans?</strong>Guarantor Loans gives applicants the chance to borrow £500 to £15,000 depending on the lender. Some lenders we feature like Buddy Loans only have a maximum loan value of £7,500 and TFS Loans is the only lender that stretches up to £15,000.Factors that can influence the amount you can borrow revolve around having a good guarantor. One that is a homeowner, with solid employment, income and good credit rating will maximise your chances of borrowing the largest drawdown possible.The lenders featured on Guarantor Loans see a homeowner as someone who has already gone through the rigorous process of credit checking and affordability and if they can afford a house, they should be able to act as a guarantor for you.By comparison, having a guarantor that is not a homeowner offers slightly less security and means that amount you can borrow is slightly less too.Higher amounts may be available to those who already have a better than average credit rating, are homeowners themselves and a repeat customer with the lender who has already paid their loan on time. To apply directly with your lender of choice see <a href=”” data-mce-href=””>direct lenders</a>.<strong>What Does The Guarantor Have To Do?</strong>Upon completing an application, the lender will typically send you a <a href=”” data-mce-href=””>pre-contract loan agreement</a> and SECCI (Standard European Consumer Credit Information form) which will highlight the terms of your loan. You and your guarantor will be required to review the terms of the loan, including the loan drawdown, fees, repayment dates and responsibilities – and this can be signed via an online verification process using your email and mobile phone.The lender will usually carry out an individual phone call with you and your guarantor to ensure that you both understand the responsibilities and what is required of you – notably that if you cannot make repayment, your guarantor will be required to pay on your behalf. Further to some additional credit and affordability checks, funds can typically be transferred within 24 to 48 hours (or sometimes on the same day).<strong>Are Guarantor Loans Available For Bad Credit Customers?</strong>Yes, even if you have a history of adverse credit, <a href=”” data-mce-href=””>CCJs</a>, bankruptcy or IVAs several years ago, you can still be eligible. The idea is that you are using your guarantor and their financial history to ‘back you up’ and give your loan extra security. However, it is noted that your guarantor should have a good credit score and consent to co-signing your loan agreement.<strong>How Soon Can I Receive Funds?</strong>Guarantor Loans works with lenders that can facilitate funds within 24 to 48 hours of approval, or sometimes on the same day.When your funds are successfully transferred, most lenders working with Guarantor Loans will send the full amount to the guarantor’s debit account first. This is a standard security measure carried out by lenders to ensure that the funds are going to the right person and confirms the involvement of the guarantor. The guarantor usually has a ‘two week cooling off period’ where they can decide to pass on the money to the main borrower or they can change their mind and return the funds with no extra charges.