Small changes can make a huge difference to your bank balance. Change something you do regularly and you could spend less, here are our top tips:

  • Give up drinking coffee or cut back on alcohol – it will help you save money and may have health benefits.
  • Borrow books and DVDs in the library.
  • Lock up your charge card for a month and just pay for things with money.
  • Set a limit for birthday and Christmas gifts or give homemade gifts.

 

Save on clothing

  • If you are buying clothes, check whether you’re able to wash them to prevent dry cleaning bills.¬† MyMoneyHouse lists this as a great money saving tip.
  • Make certain whatever you purchase goes with at least two other things in your wardrobe so you can find a few different outfits from one thing.
  • Assess op-shops and local markets for bargains.
  • Use end-of-season clearances to pay less for the things you require.

 

Cut your grocery bill

  • Have a shopping list to the supermarket and just buy what is on the list.
  • Plan meals beforehand and include the ingredients to your shopping list.
  • If you have really young children, ask a friend to obey them while you go shopping. You will have more time to compare costs and won’t fall prey to’pester power’.
  • Establish a budget for your shopping excursion, withdraw the money from an ATM and just take this money with you when you go shopping.

 

Try growing your own food in your home.

  • Eat a snack or meal before going to the supermarket. When you are not hungry, you tend to buy less food.
  • In the event you usually shop each week, try shopping once a fortnight to get in the habit of using all of the food in your pantry before purchasing more.
  • Check the’use by’ and’best before’ dates on food so that you don’t waste money buying things you won’t use before you must throw them out.
  • Supermarkets usually foster the things at eye-level, so check the shelves below and above for more economical options.
  • Meat can be costly, so purchase less of it and try making more meals without using it.