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 . 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 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
Our sites - most read articles
Top stories
Latest news headlines - Ninemsn NewsLatest news headlines and breaking news from Australia and the world. uuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=83992016-07-26T10:16:51Z;id=8400Priest killed and two attackers shot dead in hostage situation at church in northern FranceA priest has been killed and two attackers shot dead as armed men took hostages in a church in France's northern Normandy region.&nbsp;2016-07-26T20:05:00+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8401Video shows moment police smashed car window to arrest driver in Melbourne’s CBD<p>Police have smashed a car window during the dramatic arrest of a female driver in Melbourne&rsquo;s CBD today. </p> <p> </p>2016-07-26T19:44:00+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8402Third incident with oxygen units at Bankstown-Lidcombe Hospital left baby with significant injuries<p>A third baby was left with significant injuries in an incident in a birthing suite at Bankstown-Lidcombe Hospital more than two years ago, 9NEWS can reveal.</p>2016-07-26T18:59:00+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8403Formula One boss Bernie Ecclestone's mother-in-law 'kidnapped in Brazil'Kidnappers are reportedly demanding the highest ransom in Brazil's history for the safe return of the mother-in-law of Formula One boss Bernie Ecclestone after she was allegedly snatched in Brazil.2016-07-26T17:54:30+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8404South Australia braces for severe winter weatherSouth Australia is bracing for more severe weather as strong winds and heavy rain move in again.2016-07-26T17:12:00+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8405First baby born in Europe with Zika-caused microcephalyA woman infected with the Zika virus gave birth in Spain on Monday to a baby with the brain-damaging disorder microcephaly, her hospital said, the first case of its kind in Europe.2016-07-26T15:20:00+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8406Century-old giant lobster rescued from becoming a meal A lobster believed to be 110 years old has been saved from being eaten at a US restaurant.2016-07-26T12:36:59+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8407Melbourne gum tree cut down despite protesters' attempts to save it<p>An historic lemon-scented gum tree on Melbourne's Flemington Road has been cut down as part of roadworks, despite protesters' desperate attempts to save it.</p>2016-07-26T16:50:37+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8408Family fight to stop deportation of six-year-old daughter with mystery illness<p>The parents of a six-year-old with a mystery illness are petitioning Immigration Minister Peter Dutton to stop their daughter being deported from Australia.</p>2016-07-26T14:01:36+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8409 Pokémon Go player saves woman from violent attempted carjacking in Rockhampton <p>An injured woman has credited a Pok&eacute;mon Go player with saving her from a would-be carjacker in Rockhampton.</p>2016-07-26T16:25:21+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8410NT juvenile detention: Sister of boy stripped and assaulted says he's 'lost hope'<p>The sister of a boy shown restrained in a mechanical chair with a hood in Darwin's youth detention centre wants guards to be held accountable for the damage done to him while incarcerated, after his plight was highlighted on the ABC's 4 Corners program.&nbsp;</p>2016-07-26T15:39:03+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8411Michelle Obama says Hillary Clinton 'only one' qualified to be US president in powerful convention speechUS First Lady Michelle Obama has told the Democratic convention in Philadelphia that Hillary Clinton is the one candidate ready to be president, as she poured scorn on Donald Trump's behaviour and temperament.2016-07-26T15:03:00+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8412Man arrested during live television news cross<p>A man has chosen the worst possible service station to allegedly steal from, inadvertently targeting a police command post that had been set up for missing Gold Coast five-year-old Jocelyn Lewis.</p>2016-07-26T14:45:00+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8413Solar Impulse 2 lands in Abu Dhabi, becoming the first plane to circle the globe without fuelSolar Impulse 2 landed in the UAE early on Tuesday, completing its epic journey to become the first sun-powered airplane to circle the globe without a drop of fuel.2016-07-26T15:10:00+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8414Bernie Sanders says Hillary Clinton will 'make an outstanding president' at Democratic conventionBernie Sanders wrapped up the opening night of the Democratic convention with a strong endorsement of his one-time rival Hillary Clinton, saying she "must" be the next US president.2016-07-26T13:59:13+10:002016-07-26T10:16:51Zuuid:760a65f2-9561-4e58-a77e-b93ed9d06982;id=8415Cronulla Sharks veteran Michael Ennis announces NRL retirementCronulla veteran Michael Ennis has announced he will retire at the end of the NRL season.2016-07-26T14:40:24+10:002016-07-26T10:16:51Z
Search the site