Start saving

With living expenses soaring, just about every cent counts. But what if you had an extra hundred dollars each week?

Money magazine’s Deputy Editor Effie Zahos shares some tips on how to save big bucks every week:

  • Run the kitchen like a restaurant - save $25 per week - take advantage of seasonal produce, make use of leftovers, store foods correctly to make them last and do a regular stocktake of food in the fridge and the pantry.
  • Use generic brands - save $30 per week - if you buy generic toilet paper for example, you’ll save $4 per week. And if you opt for generic prescription brands you’ll save $3. The savings certainly build up.
  • Buy beauty products online - save $16 per week – one of many online beauty shops is www.strawberrynet.com . Here you can buy your favourite beauty products for much lower than the normal retail price.
  • Switch lights off - save $6 per week – we waste a lot of money on power. If you turn the lights off at the switch in the meter box from 9am to 5pm each day, this helps to break the bad habit of turning lights on during the day.
  • Utilities - save $4 per week – shop around! Money suggests if you enter your old bill details at www.goswitch.com.au it will come up with a deal just for you.
  • Car free day - save $10 per week – if you choose to walk your kids to school, walk to work or go an entire day without driving your car, then you’ll not only save money but you’re doing the environment a favour. We all like a win-win situation!
  • Set up VoIP - save $9 per week – make your calls over the internet and save on your hefty phone bill.

    Total saving: $100

It’s also very important to be conscious of your spending habits. Money suggests that you track your expenses carefully and indentify areas where you can afford to make cuts.

With wise moves such as these, saving for that overdue family holiday or brand new car is made that much easier.

For more information on effective ways to save, be sure to pick up your copy of this month’s Money magazine.

Follow us on Facebook
Most Liked on Facebook
advertisement
Our sites - most read articles
Top stories
Latest news headlines - Ninemsn NewsLatest news headlines and breaking news from Australia and the world. uuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=83142016-09-28T22:08:09Zhttp://9news.static9.net.au/content/images/rss-logo.pnguuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8315Alicia Machado speaks about threatening judge, Trump-induced bulimiaA former Miss Universe contestant has claimed Donald Trump's public and private bullying of her contributed to her eating disorders.2016-09-29T07:28:06+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8316Severe weather warning issued for Victoria as wild winds and rain sweep in from SAA severe weather warning for damaging winds and heavy rain has been issued for parts of Victoria, as an intense low pressure system tracks in from South Australia.2016-09-29T07:30:00+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8317Warplanes knock out Aleppo hospitalsThe week-old assault on the Syrian city of Aleppo, which could herald a turning point in the war, has already killed hundreds of people.2016-09-29T06:52:00+10:002016-09-28T22:08:09ZRAWuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8318Two children and a teacher injured in South Carolina school shooting<p>At least two children and a teacher have been injured during a shooting at a South Carolina elementary school and a teenage suspect is in custody, officials have told local media.&nbsp;</p>2016-09-29T05:23:00+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8319Brad Pitt skips movie premiere to 'focus on family' amid divorceBrad Pitt has cancelled a red-carpet appearance for the new <em>Voyage of Time </em>film to focus on his "family situation", amid a divorce from Angelina Jolie.2016-09-29T06:31:35+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8320Forbes pegs Donald Trump's wealth at $4.8 billionForbes magazine says New York's softening real estate market is to blame for Donald Trump's estimated net worth dropping $US800 million to $US3.7 billion. 2016-09-29T05:56:00+10:002016-09-28T22:08:09ZRAWuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8321US Senate votes to override Obama's 9/11 bill vetoThe US Senate voted overwhelmingly overnight to override Barack Obama's veto of a bill allowing 9/11 victims to sue Saudi Arabia, the first such rebuke of his eight year presidency.2016-09-29T06:26:00+10:002016-09-28T22:08:09ZAFPuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8322Man proposing to girlfriend at baseball game drops ringA nervous Yankees fan&rsquo;s proposal to his girlfriend in front of a packed stadium got unbelievably awkward when he dropped the ring and lost it.2016-09-29T02:30:29+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8323Search to resume for missing Sydney bushwalkersTwo 21-year-old women are believed to be missing at the Royal National Park near Sutherland after taking an unknown path.2016-09-29T02:07:00+10:002016-09-28T22:08:09ZAAPuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8324Probe finds missile that downed MH17 over Ukraine was from RussiaAn investigation into downed flight MH17 in 2014 has found the powerful surface-to-air missile system that was used to shoot down the plane over Ukraine, killing all 298 people on board, was trucked in from Russia and returned to Russia the same night.2016-09-29T02:26:00+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8325Stuart wins gong for Raiders' NRL revival<p>He's the man who put the can in Canberra, and now Ricky Stuart can put the raid in Raiders after beating a number of hot contenders to be crowned coach of the year at Wednesday night's Dally M awards in Sydney.</p>2016-09-29T01:15:00+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8326Man shot by police during confrontation in central New South Wales<p>A man remains in hospital in a serious condition after he was shot by police after a confrontation in the central western NSW town of Cowra.</p>2016-09-29T01:09:00+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8327Cy Walsh found not guilty of murdering his AFL coach father<p>The Supreme Court has ruled that Cy Walsh is not guilty due to mental incompetence over the death of his father, Adelaide Crows coach Phil Walsh.</p>2016-09-28T22:09:00+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8328Cronk, Taumalolo declared joint winners of Dally M MedalMelbourne halfback Cooper Cronk and North Queensland forward Jason Taumalolo have been crowned joint Dally M medallists for the 2016 NRL season.2016-09-28T22:48:00+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8329Outpouring of grief after death of Australian cricket icon Max WalkerColleagues, friends and fans have paid tribute to sports commentator and former Australian Test cricketer Max Walker, who died aged 68, after a two-year battle with cancer.&nbsp;2016-09-28T21:53:00+10:002016-09-28T22:08:09Zuuid:f7bee418-2950-437a-a454-ac8dc202e8fc;id=8330Xenophon links power outage to SA's reliance on renewable energySenator Nick Xenophon has described the power outage that affected the whole of South Australia as a "disgrace" and suggested it could be due to the state's reliance on renewable energy.2016-09-28T20:54:34+10:002016-09-28T22:08:09Z
Search the site
Search