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How to save money every day

This article appears in:
Money and Study

Have you noticed it’s easier to be frugal when you plan for a holiday or something you really want? Deciding to study is a great motivator to explore ways to save money and simplify your everyday life.  There may be hidden expenses or ways to find money you didn’t know existed. Get your kids involved by showing them what they can do to help.   

There are plenty of easy ways to be frugal and save for study without touching your already tight budget. They might be small, but every little bit helps  


Here are nine easy money saving tips for everyday activities: 

  1. Take a closer look at your regular bills to get the best value  
    • Pay your all bills on time to avoid late fees and reduce the number of cards with annual fees 
    • Review your car and family health insurance to make sure you have the best deal 
    • Consider your internet and phone bills. Can they be reduced or combined into bundles? 
  2. Review your memberships and subscriptions, such as: 
    • Gyms and sport facilities 
    • Social clubs 
    • Magazine, newspaper and satellite radio subscriptions 
    • Netflix or cable TV 
    • Wine or collector clubs 
  3. Use water and electricity wisely  
    • Turn lights off when you leave a room 
    • Use the washing machine and dishwasher at off-peak times for reduced rates  
    • Wash clothes in cold water instead of hot 
    • Air dry your clothes rather than using the dryer  
    • Clean your air conditioners to improve efficiency and only use them in rooms you’re in 
    • Fix dripping taps and water sprinklers around your house 
    • Unplug appliances when not in use – this could save you $100 per year  
  4. Consider your transport options  
    • Can your family use alternate transport? Walk, use a bike, car pool, take public transport 
    • Can you change to a more cost efficient vehicle with lower repayments or downsize to one car? 
  5. Plan your grocery trips: 
    • Have a meal plan and ingredient list to shop for  
    • Check catalogues for sale prices  
    • Buy bulk on common goods  
    • Reduce impulse buying 
  6. Make your own cleaning products. It’s a lot cheaper and a natural option 
  7. Sell any unused items – have a garage sale, post them on gumtree or eBay 
  8. Reduce clothes shopping and consider alternate places to shop – online, consignment or second-hand stores, wait for sales or “shop” in your own wardrobe 
  9. Invite friends over for potluck dinner parties instead of eating out. You’ll reduce food bills, babysitter fees and transport costs! You’ll be more relaxed and less stressed about socialising


This article appears in:
Money and Study

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