Simple ways to save money

Save on groceries

Here are some tips for saving money next time you’re at the supermarket:

  • Take a list so you don’t forget anything. Only buy what’s on the list. This makes it easier to stick to your budget.
  • Put your grocery money in an envelope. Don’t take any other cash or cards with you so you can only spend what you have.
  • Buy in bulk and only go grocery shopping once a fortnight. Use all the food in your pantry before you buy more.
  • Eat a meal or snack before you go to the supermarket. When you are not hungry, you tend to buy less food.

Save electricity and water

Here’s how you can save money and do your bit for the environment.

Saving electricity:

  • Buy energy efficient appliances
  • Switch off your heater, air-conditioner and lights in rooms you’re not using
  • Keep your curtains or blinds drawn at night to keep the heat in
  • Use a door snake under the door
  • Turn off the heater and put on jumper
  • Turn off your electrical appliances at the powerpoint
  • Turn off the TV and computer when no-one is using it
  • Use energy efficient light bulbs
  • Turn on the washing machine and the dishwasher only when they are full

Saving water:

  • Use grey water from your washing machine or shower to water your plants
  • Install a water efficient shower head
  • Wash clothes with cold water

Save on clothes and other items

With fashion changing every season, you don’t really need to buy new clothes all the time:

  • If you’re buying clothes, check if you can wash them to avoid dry cleaning bills
  • If you buy something, make sure it goes with at least two other things in your wardrobe so you can get a few different outfits out of one item
  • Check op-shops and local markets for bargains

Save on bank fees

Some financial institutions offer basic bank accounts with:

  • No account keeping fees
  • Free monthly statements
  • No minimum deposit amounts
  • No overdrawn fees