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Reviews

One way I find that I save money is to join alot of sites that give away free things; attend events ...
ashley
[windsor  ON ]»

I do what everyone does such as saving coupons and such and when i wanted to purchase something at s...
Jennifer
[montreal  QC ]»

All great ideas which I do, even hairdressing schools where I live get a hair cut for about $5 & I u...
Michael
[Stratford  ON ]»

I keep an eye out for clearance sales. I also collect coupons. I recently bought 4 bottles of a sh...
Leonora
[Sorrento  BC ]»

Put something on layaway for a day or 2, if its really needed, procede with the purchase. If it tur...
Jan
[Peace River  AB ]»

Look for Organizations that offer assistance to those who need it. I recently applied to the Canadi...
John
[Keswick  ON ]»

I tend to group my travels so that I use less gas. If Im going to the grocery store, Ill also go to...
Lorraine
[Chase  BC ]»

I go online and find every coupon I can for things I know I will use. I look through newspapers and ...
Donna
[Windsor  ON ]»

The way that I save money is by using coupons for all the items that you want. I have a coupon file...
Deborah
[Sydney  NS ]»

Pretty good advice. I have just recently been getting my hair cut from a "trainee", seriously less ...
vicky
[mississauga  ON ]»

We have a Vacation Fund jar that we try to contribute money to through the year. We roll the change ...
Christine
[Brantford  ON ]»

I was told this when I was young: 1. Do I want It? Yes. 2. Can I afford it? Maybe. 3. Can I do witho...
Pauline
[Harden  NSW ]»

I have always been a hopeless saver and in the world of sales I have been worse. However we told bot...
JOY
[LOGAN VILLAGE  QLD ]»

eBay is great to sell, but be aware of buying by getting excited to get the goods and pay more then ...
Jürg
[Willoughby  NSW ]»

I have to say after reading number 4 I can’t help but to think back to all the things I have b...
Krislyn
[Winnipeg  MB ]»

Taking advice is not very easy, especially one on saving money. These tips really are great though....
Somagandhi (Nalani)
[Moreleta Park  GT ]»

Buchanan Group

8 ways you can save more money

Saving money can be difficult these days, especially when it seems we’re constantly shelling out for the kids, the car, the bills, the house, etc. So it’s not surprising to learn in the past several years, Australian households have been spending and borrowing in excess of their disposable income. With this in mind, here are a few simple changes we can make in our daily lives to help us save more money:

1. Pay yourself first
You’ve probably heard this one like a broken record, but that’s because it works. Decide how much money you can afford to part with each time you get paid. Maybe it’s only $10 or $15 a month, but remember, it adds up over time. Have this money automatically transferred into a separate savings account. You won’t even miss it, and before long, you’ll have a nice tidy sum.

2. Clean out the clutter and sell it on eBay
Consider the old adage, “one (wo)man’s junk is another (wo)man’s treasure.” Selling items in an online auction on eBay is a great way to get rid of old clothes or things from around the house you no longer use. Best of all, you can do it from the comfort of your own home.

3. Buy your produce from the market
If you can tolerate the hustle and bustle of a crowd, your local market is a great way to get fruits and veg on the cheap. Sometimes they go for as little as half the supermarket price! Plus, you’re helping support local farmers.

4. “Do I really need this?”
This question can sometimes be one of the hardest to ask yourself, especially if the item in question is on sale. But if it’s something you don’t really need or can at least live without for a while, try to avoid the unnecessary spending. It’s probably best to put it back on the shelf and walk away…quickly.

5. Try online grocery shopping
Not all supermarkets offer this service, but if you’re lucky enough to be within delivery distance of one that does, it can be a godsend on the pocketbook. Even with the delivery charges, the money you’ll save from avoiding those impulse buys makes it all worthwhile!

6. Save your change
Remember that little piggy bank you had when you were a kid? Well, it’s time to dust it off and start collecting shrapnel. At the end of every day, make it a habit to put your loose change in a jar. Then deposit it in the bank at the end of every month. You’ll be surprised how much it adds up.

7. Host a clothes trading party
Invite over your girlfriends and have them bring over clothes and accessories they like, but are sick of wearing. Then swap! Everyone will have new outfits without having spent a dollar. You can also try swapping kids clothing or toys.

8. Cut out exorbitant hair expenses
Most women are willing to spend a fortune on their hair. You can save a fortune by switching to a hair salon that offers cuts from hairdressers-in-training. Believe it or not, it’s not as scary as it sounds. The trainees are under supervision from senior staff the whole time, so you’ll get a cut that’s just as good as a regular hairdresser would give, but for a fraction of the cost.

1 Source: Australian Bureau of Statistics - Gross Household Disposable Income Net & Final Household Consumption Expenditure 1995-2005

Member's Reviews

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One way I find that I save money is to join alot of sites that give away free things; attend events that give you things like free t-shirts ect...
10 Jul 10   ashley [windsor  ON ]

I do what everyone does such as saving coupons and such and when i wanted to purchase something at supermarket, I will wait and check online for their next week flyer and if what I wanted at that time will be on sale few days later, I wait until then.
11 Apr 10   Jennifer [montreal  QC ]

All great ideas which I do, even hairdressing schools where I live get a hair cut for about $5 & I use to do that just buy something, now I question myself do I really need it. I put it back, & walk away. I dont miss the things. - Another great way to save go to dollar stores for food. All the products arent from china theres food from companies in canada some are just discontinued products. - Great advice Thank You Brand Power. - :)
2 Mar 10   Michael [Stratford  ON ]

I keep an eye out for clearance sales. I also collect coupons. I recently bought 4 bottles of a shampoo I always use for $1 each that are regualarly over $5. They were clearance and I had coupons. I stock up on non-pershables this way and I save lots.
18 Feb 10   Leonora [Sorrento  BC ]

Put something on layaway for a day or 2, if its really needed, procede with the purchase. If it turns out to be "impulse" you havent spent the money.
1 Dec 09   Jan [Peace River  AB ]

Look for Organizations that offer assistance to those who need it. I recently applied to the Canadian Tire - Jump Start program designed to help parents pay for their kids sports activities but cant afford it. You can get up to $300/child, 2 times per year. Go to Canadian Tire website for details follow the links, it really is out their if we look for it and we all work together to educate one another when we find a helpful tool for those who need and deserve it.
29 Aug 09   John [Keswick  ON ]

I tend to group my travels so that I use less gas. If Im going to the grocery store, Ill also go to the post office, drug store, library all on the same trip. Makes me feel like Ive accomplished alot without feeling overwhelmed. Planning is my tip ;)
21 Apr 09   Lorraine [Chase  BC ]

I go online and find every coupon I can for things I know I will use. I look through newspapers and keep my eye out for coupons that are right in the stores. I’ve saved a lot this way and I don’t have to spend any more money on gas running from store to store.
29 Sep 08   Donna [Windsor  ON ]

The way that I save money is by using coupons for all the items that you want. I have a coupon file and I check the flyers each week and decide what is there that I need and if I have a coupon. I also check the stores for coupons that I know I will eventually use on a product. I try to purchase the products I need when they are on special or sale and if I have a coupon on hand I get even more money off. I have saved lots of money doing this every week. I also take advantage of try items for free (purchasing and then sending in the free trial offer form). There are alot of ways to save money but this is one of them that I use.
12 Sep 08   Deborah [Sydney  NS ]

Pretty good advice. I have just recently been getting my hair cut from a "trainee", seriously less expensive...regular price about $65 to $30. BIG savings. The online grocery shopping is good too. Although, I like to be able to see/smell my produce. To buy home essentials like paper products, canned, preserved, cleaning solutions, it makes sense. I find even with a well thought-out list, I always make impulse buys. Especially when shopping with my 8-yr old. Even if you implement 2 or 3 of these tips, you’re bound to make some strides.
31 Jan 08   vicky [mississauga  ON ]

We have a Vacation Fund jar that we try to contribute money to through the year. We roll the change and then add it to the vacation fund for memories, dinners, etc. It really does help and when you do it regularly, you don’t miss the money.
16 Jan 08   Christine [Brantford  ON ]

I was told this when I was young: 1. Do I want It? Yes. 2. Can I afford it? Maybe. 3. Can I do without it? Yes. As a result I have saved. Now I’m old & bugger it - I’ll spend the kids inheritance.
11 Nov 07   Pauline [Harden  NSW ]

I have always been a hopeless saver and in the world of sales I have been worse. However we told both our kids to save $20 a week from their wages by automatic deduction. My 18 year old just paid for a trip for 10 days to go to Japan and visit her brother studying there. They both have an empty drink can and only put $2 coins in it. Did you know when you cash it in it’s at least $500? My son on his scholarship even banks $20 a week so what excuse do I have??
6 Oct 07   JOY [LOGAN VILLAGE  QLD ]

eBay is great to sell, but be aware of buying by getting excited to get the goods and pay more then it is worth or you want to spend.
25 Jul 07   Jürg [Willoughby  NSW ]

I have to say after reading number 4 I can’t help but to think back to all the things I have bought over the years that I really didn’t need and hardly every used. Thanks for making me realize how little we really need to be happy.
22 Jun 07   Krislyn [Winnipeg  MB ]

Taking advice is not very easy, especially one on saving money. These tips really are great though. In fact, I’ve already started with two of the tips and I must admit that I am impressed.
19 Jun 07   Somagandhi (Nalani) [Moreleta Park  GT ]

 
 

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