Do you want to save instead of spend? Here are my top tips to get your bank balance going up instead of down.
- Cancel a subscription for 6 months. Do you really need Netflix, Stan, Disney, Prime, HayU, Foxtel, and Spotify? Getting rid of just one for 6 months would save you at least $60.
- Hold onto your phone for an extra 6-12 months after it’s out of contract. My phone bill dropped from $105 per month to $28 a month and my phone is still in great condition. Doing that for 6 months saves $462; 12 months saves a whopping $924.
- Paint your own nails. A mani/pedi is a great little treat, but doing your own nails will save you over $500 in a year – and the more you do it, the better you’ll get.
- Save a Goldie a day. Whether it’s $1 or $2, you can save up to $730 a year and I bet you won’t miss it.
- Turn off your lights, fans, air conditioning, and power points when you’re not using them. This tip is good for your wallet and the environment.
- Pack your lunch. It’s pretty ridiculous how much you can spend on lunches in a week. $20 on lunch, 5 days a week, 48 weeks a year costs $4,800. Cut that down to one bought lunch a week and you’ll be saving yourself nearly $4,000.
- Make a meal plan and grocery shop for your meal plan. No extras required! No additional thought required. This will save you tons of time, money and stress and will also have you throwing away less. An additional bonus is you won’t have to think about what’s for dinner every day because you’ve already made that decision. This helps to avoid decision burnout.
When it comes to saving money, it’s just not about what you actually put aside to save, it’s also about being careful with how you spend the money that you are actually spending.
