Australians, like most people, struggle with saving money. We all know that we should be saving more money, but it’s hard with the rising cost of living. Fortunately, there are a few easy ways to save hundreds of dollars every year without depriving yourself.
1. Take inventory
One way to do save is by being mindful of the food that you purchase. Here are a few ways to help you save money on groceries:
- Join supermarket loyalty programs such as Flybys or Woolworths rewards
- Make a list of meals you’ll be eating at home, and only buy what you need
- Plan your meals around what’s on sale that week
- Use coupons
- Buy in bulk when it makes sense
- Make your own snacks and meals when possible
- Comparison shop, you may be loyal to a certain grocery store, but you could be saving hundreds by simply fining a cheaper place to buy items
2. Chill out on the cleaning products
Did you know that Australians could be saving hundreds of dollars each year on unnecessary cleaning products? Here are three easy ways to cut back on your expenses, without compromising your home’s cleanliness:
- Use vinegar and water to clean surfaces (it’s a natural disinfectant)
- Try Murphy’s Oil Soap for all your cleaning needs – it cleans everything!
- Consider using less expensive brands of common household items like laundry detergent and dish soap.
By following these simple tips, you could be saving yourself a lot of money in the long run and still have a clean house!
3. Dump your insurer
Insurance premiums have seen a massive increase recently, so there is a good chance you may be paying more than you need to.
Car insurance is one of the biggest expenses for most drivers, but it’s possible to save hundreds of dollars a year by shopping around and comparing rates. You can also save money by bundling your home and car insurance policies with the same company.
If your driving record or credit score is not ideal, don’t worry. You can still save money by waiting until they improve before you shop for new coverage.
None of these tips require any big sacrifices. You can still enjoy the savings without giving anything up. So what are you waiting for? Start saving today!
