7 useful tips for embracing the circular economy at home

Posted on

Did you know the UK generates more than 220 million tonnes of waste a year? Of that waste, around 44% is recycled, but a large proportion goes to landfill. Read on to discover how embracing the circular economy could reduce waste.

Not only is a huge amount of waste going to landfills, but the production of items could be costing precious resources too.

The circular economy aims to provide a solution for industry and businesses to reduce, reuse and recycle waste. The aim is to reduce the amount of waste going to landfills and reintroduce resources into the production cycle instead of throwing them away.

It’s something households can embrace too. Changing your purchasing habits and how you handle waste could have a positive effect on the environment.

If you want to make your lifestyle more sustainable, here are seven useful tips.

1. Reduce the amount of single-use plastic you buy

Plastic pollution can cause serious harm to habitats and ecosystems. In fact, it’s estimated that every year, between 4.8 and 12.7 million tonnes of plastic enter the ocean alone.

It can be difficult to reduce how much plastic ends up in your bin as it’s used as packaging by so many companies. However, cutting back where you can could be effective.

Next time you’re grocery shopping, you could pick up products that aren’t covered in single-use plastic. Picking up loose fruit and vegetables, rather than pre-packaged options, may be an easy switch.

Many products like hand soap and shower gel are now available with refillable packaging, so while plastic may still be used, it could be significantly less over time.

2. Manage your waste to improve recycling

Recycling at home has become common and simple. Often, much of your household waste can be recycled.

It’s worth checking what your local authority recycles – there may be materials you’ve mistakenly been putting in the bin – as well as looking at the packaging of items.

You might also have collection points nearby to recycle other materials. For example, some supermarkets will collect and recycle soft plastic, which you may not be able to put in your household recycling bin.

3. Consider composting at home

If you have a garden, composting could be an excellent way to reduce household waste. All you need is a compost bin to get started.

You can add some household waste to a compost bin, such as food waste or carboarded packaging. It’s a simple way to reduce how much you’re throwing away and your garden plants could benefit as a result.

4. Learn to repair items rather than throw them away

From clothes that have torn to broken electric goods, before you throw them in the bin, ask “Could I or someone else repair this?”

With so much advice online, it’s easier to learn to mend and repair than ever before if you want to do it yourself. Or there are plenty of professionals who could give your products a new lease of life too.

If you don’t want to repair items yourself, you may want to check if others could. There could be someone in your local area who’s keen to upcycle your broken dressing table or with the know-how to get gadgets working.

5. Invest in items that will last longer

Choosing quality items that are designed to last for years could reduce your waste and save you money.

For example, the next time you’re buying a new appliance, checking things like how easy it is to repair and if spare parts are available could be useful. It may mean your purchases last far longer.

6. Donate unwanted clothing to charity

It’s estimated that just 20% of textiles are collected for reuse or recycling globally. Given how large the fashion industry is, that’s a huge amount of fabric making its way to landfill.

Next time you’re clearing out your wardrobe, setting aside items to take to the charity shop could reduce your environmental impact. Even items that are well-worn or textiles like bedding could be recycled.

7. Reduce your purchases

Recycling is a good habit to get into, but cutting back your purchases could be even better for the environment. Next time you’re about to put your hand in your pocket, ask if it’s something you really need or would benefit from.

We aim to keep our clients up to date on interesting and relevant financial news.

You can sign-up to receive our monthly newsletter by email, even if you’re not yet a client. Sign-up using the form below.

Client testimonials

I have always found Black Swan to be caring and understanding of my quirky lifestyle. I always feel they try to get me the best returns while respecting my current needs.

Sally Muir

A client since 2011

We would be very happy to recommend the support and service we receive.

Valerie Locks

A client since 2010

I have always been completely useless regarding finance - thankfully our financial adviser is not! I've retired with far more than I ever expected and investments continue to grow safely. So - thank you!

Bernadette Jane Warner

A client since 2000

Very happy with the professional service I have received and feel a lot happier now with my finances put in order.

Martin Field

A client since 2011

Julie Cooper was recommended to me by a work colleague. She has been very helpful, professional and has explained everything well. I would definitely recommend her services to anyone else who are interested in a financial review.

Steven Rooke

A client since 2018

…Service has been first class.

Hugh Fells

A client since 2012

My face to face meetings with Rob Young and Jessica Lyons have always been very open and understandable. My questions have been answered clearly and I have left feeling that my financial matters are in good hands.

Sandra Jack

A client since 2000

[A] safe pair of hands in a complex financial world.

Gary Middlehurst

A client since 2003

A reliable company with good communication skills and good knowledge of the financial markets.

Alan Evetts

A client since 2014

Maureen Pembridge is a long-time trusted advisor to our family. The market might fluctuate but her attention to detail is consistent.

Linda Burnard

A client since 2000

I am pleased to recommend Julie as a trustworthy financial advisor. She explains financial jargon in plain language, and always listens carefully to my particular financial needs and has helped me make the best of my savings.

Carolann Samuels

A client since 2010

I have always been satisfied with the way that Black Swan has handled my account. And I have always found the staff very helpful whenever I need to call the office.

Robert Anthony Matthews

A client since 2012

An excellent personal service from a person I know and trust.

Michael Dalton

A client since 2010

I am getting a very good services from Black Swan, they have got my investments sorted out which was in a bit of a mess.

Roy Jakens

A client since 2012

A good, efficient team providing clear ideas to shape a winning strategy.

Adrian Michael Levenstein

A client since 2011

Black Swan is a company to be trusted, with friendly staff and professional advisors.

David Brian Jennings

A client since 2017

I have been with Black Swan for many years. I have never wished to change anything. They give a good straight forward service.

Martin Barrett Brooks

A client since 2010

Andy Peters has been invaluable in firstly combining several pension pots and then giving excellent investment advice. It has given us a great deal of comfort to know that our financial affairs are in such good hands.

James Guillum Scott

A client since 2014

I find my financial advisor easy to talk to and feel that she understands my lifestyle. She is always available for help when I need her and explains in words that I can understand.

Margaret Ena Glasgow

A client since 2000

Andy is a first rate Director, excellent communicator and leader.

Ross Perry

A client since

Black Swan Financial Planning and Andrew in particular, are very clever at working out how risk averse we are, and coming up with solutions that we feel comfortable with. We are happy in the knowledge that we can continue to enjoy a comfortable retirement. Andrew Peters is a very, very friendly person who is great to chat to and easy to deal with. He explains things very clearly in layman’s terms, and if we still don’t understand, he explains it until we do!

Alan & Jane Dyer

Clients since 2012

We have always found Rob [Young] to be very approachable and knowledgeable. We have every confidence in the advice given and feel comfortable with the decisions we’ve made. There are certain opportunities that we wouldn’t have known about if Rob hadn’t brought them to light, which makes the advice good value for money as far as we’re concerned.

Peter & Pauline O’Halloran

Clients since 2013

Rob [Young] is extremely knowledgeable. I knew nothing about the different types of trusts which will not only secure my income in retirement, but also leave a legacy for my children. I’m glad that I sought his advice when I did.

Sarah Wilson

A client since 2015

I am extremely happy with the service afforded to me by the company and my adviser Julie Cooper.

Geoff Coxell

A client since 2010

My wife and myself have been dealing with Black Swan for a number of years. We have met with different representatives from the company over the years and have found all very helpful in their own way. We met with James [Anderson] a few years ago and found him very helpful and knowledgeable. He keeps in contact with us on a regular basis. We find the Company information very helpful and we feel very secure with our finances.

Andrew Kirchen

A client since 2015

I have always found my adviser to be easy to contact, very professional in his approach, yet friendly and understanding. I have a sense of an experienced company behind him, really on the ball financially and with good standards.

B McBean

A client since 2011

Partner with the most reliable and experienced team of advisers

Enter your details & we'll be in touch to discuss your needs.
Alternatively, contact us directly and speak to a member of the team.

    Subscribe to our newsletter