Money Saving Hacks

Easy ways to save $50 a week

There are lots of small, easy ways to save money - and if you implement just a few, you could save $50 or more a week!

May 14, 2024

Food

  • Australians throw away 20% of the food they buy so having a meal plan (and sticking to it) can save lots.

  • Make a list when you go to the supermarket (and stick to it).

  • Avoid prepackaged food such as sliced cheese.

  • Try to shop only once a week to reduce the chance of impulse buys.

  • Look up the supermarket specials and meal plan around them for that week.

  • Eat more veggies - we're not suggesting you turn vegetarian, but by replacing some meat with vegetables, you can save lots.

  • Look at the lower shelves in the supermarket - this is where the generic brands are usually found, and they are cheaper than the branded items (and the ingredients are often exactly the same).

  • Cut down on takeaway coffees. Get yourself a reusable takeaway coffee cup and make your own.

  • Reduce the number of takeaway dinners you have. Here are some ideas that will be just as fast as ordering take out.

  • Take leftovers to work for lunch rather than buying it.

  • Try to avoid buying bottled water. Take a reusable water bottle with you when you go out - this will save you money and is much better for the environment.

Travel

  • Keep an eye on your local petrol station to see which day fuel is the cheapest (it's usually the same each week).

  • Use public transport if it's convenient. This will save on petrol, parking fees and wear and tear on your car.

  • Walk more. You'll save money on travel and keep fit!

  • Carpool with friends for taking the kids to school or going to work.

Bills and subscriptions

  • Switch gas providers and save money - or speak to your existing provider and tell them you want the same deal as new customers.

  • Do a house/contents and car insurance audit. Your rates will have increased over the years, and you could get a better deal.

  • Phone your bank and ask for a discount on your home loan rate. Many banks would rather lower your rate than lose a customer.

  • Have a look at how many streaming services you have and if you use all of them. You may find that they have some of the same content.

  • Find a cheaper mobile phone plan - there are so many to choose from.

  • Cancel your gym membership if you don't use it!

  • Review your health insurance - you may be paying for services you no longer need.

Take advantage of free or low-cost items

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