How do balance transfers work and are they right for you?
Handmade gifts are often much more that the item being given. They’re a demonstration of time, effort and thoughtfulness; anyone can go out and buy a pair of socks for you, but how many people will spend the time to knit you a pair? Even something as simple as a hand-painted card can hold a surprising amount of sentimental value.
Best of all, it’s almost always cheaper to DIY. Start making presents yourself, and before you know it, you’ll be filling up both hearts and piggy banks.
How many times have you strolled into the supermarket to buy ingredients for dinner, then walked out with a tub of fancy ice cream, two punnets of raspberries, a magazine, 6kg of Himalayan rock salt (it was on special!), half the ingredients for dinner, and no cash left in your wallet?
Writing a shopping list can be a foolproof way to avoid those supermarket slip-ups. Well, it’s not quite that easy. Anyone can write a shopping list, but sticking to it is the key to success. Treat your list as a sacred text, follow it to the letter, and it will help you stay on track.
Buying ingredients in bulk = cheaper.
Fewer trips to the shops = less money spent on fuel and those sneaky extras you add to the basket each time.
More food = more leftovers = fewer takeaway orders.
Cooking in bulk = more savings in your pocket.
It can be easy to just follow the price tag when you’re trying to squirrel away every spare cent. Cheaper is better, right? Well, not always.
For everyday necessities, it can absolutely be worth spending a little more to buy something that lasts. A $100 frying pan is better than three $40 frying pans that keep breaking. Do your research, and don’t be afraid to spend a bit in the short term if it’ll mean saving in the long term.
If you still smoke, it might mean the difference between a romantic tropical getaway, and a night in a local 3-star motel.
While quitting smoking isn’t easy, it is worth it in the long run. Check out this nifty savings calculator to help you estimate how much money you could be saving instead of spending on the habit.
We get it. It’s easy to forget why you’re saving when you’re staring down the business end of happy hour on Friday afternoon. That’s why it makes sense to set a goal, and keep a reminder of that goal close at hand.
Want to a trip to Bali? Or saving to do some renovations? Make an inspirational picture of your dream house the lock screen image on your phone.
Little memory aids like these will help to keep your saving goal present when temptation strikes.
Sorry, but saving means sacrifice. That doesn’t mean you need to live as a joyless hermit in the woods somewhere. Rather, you just need to identify the everyday extravagances that are adding up, and try to dial them down.
Trade in the daily café coffee for a once a week café coffee and instant on the other days. Skip the appetisers and just have main and dessert instead. Stick to tap water and don’t buy bottled water – you will also reducing plastic waste as well. Remember – every little bit counts!
Now, it’s time to crunch the numbers! Check out our guide on How To Create A Weekly Budget for all the details.