5 (More) Ways to Easily Save Money

In a previous post I talked about how I struggled to adjust to a fortnightly payday, and started using different measures to ensure I could survive to the next payday.

The last few months I’ve been madly saving for a holiday (that I just cam back from) and using small tricks to ensure that I can still afford my living expenses and save most of my pay for my trip.

So here are 5 (more) ways to save money easily…

FIND THE BEST BANK ACCOUNT FOR YOU

It sucks when you have to pay the bank just have a bank account, but there are bank accounts out there that don’t have fees. If you’re loyal to your bank, ask to have them waived, theres no harm in asking. Just think about all that money thats wasted just paying fees, when it could go towards a year of Netflix or a new pair of shoes!

SAVE LOOSE CHANGE

Nowadays I don’t have much cash in my wallet, but when I do, I make sure to put all my small coins in a jar. Whether gold or silver coins, they can add up after a while of collecting them. I plan to collect and deposit the coins into my account once a year. Hopefully it quietly adds up over the year.

STICK TO A BUDGET

I decided to try a budget, and I knew that one on paper wasn’t for me. I stalked Pinterest for the perfect budget setup and came across blogger The Blissful Mind and had the best excel spreadsheet that helped me organise my pay. Of course, I adjusted it to suit my situation week to week, but the core basis of this budget is so helpful for me.

MEMBERSHIPS

Do you have unnecessary memberships lying around that you don’t use? Magazine, gym or otherwise? If you don’t use them, get rid of them! If left unused they can become a big money pit.

DECLUTTER YOUR CLOSET

Decluttering your closet is good for two things, making room in your wardrobe, and making money from selling clothes you don’t want anymore. Places like Gumtree and Facebook Marketplace make it really easy to sell your belongings. If you don’t like the online option, there are always local markets like Gilles at the Ground where lots of people sell their clothes, along with vintage and other goodies.

I hope these tips help you in your pursuit to saving money, do you have any tips? Leave in the comments below

Thanks for reading,

Laura xx

5 Ways To Easily Save Money

Sometimes things pop up and you need money fast- a birthday, unexpected bill, or you just really need to treat yourself with that dress that’s just gone on sale. So it’s important for you to find ways that suit your lifestyle and everyday expenses to save up for these things. Birthdays, holidays, credit cards and bills can dwindle your dollars faster than you can say ‘Merry Christmas’. Since I started getting paid fortnightly, I’ve been taking up simple ways to save money to make sure I live through the week.

Here are 5 easy things that you can do to save mega bucks over the year:

  1. Put money away once a week

This is probably the simplest way of saving money. Even if you put away $20 a week, you could save up to $1000 in a year Another good idea is to chuck all your coins in a tin, and you’ll be surprised how quickly it can all add up.

  1. Set up automatic transfers to another account

This is another easy way to put money away for a rainy day. Setting up automatic transactions is pretty easy nowadays. In store, online or via your banking app- you have nowhere to hide. You can put away as much as you want, and still access it easily in an emergency.

  1. Bring food and drinks from home

Bringing your own lunch and drinks with you can save you a lot of money pretty quickly. Make a cute salad, or make bigger portions for dinner and bring the leftovers for lunch. Either way, you’re saving yourself big bucks over time.

  1. cut down on coffee

Ok, this does sound a bit crazy, but, making your own coffee and bringing it with you in a reusable cup is super easy and budget friendly. There are some really cool designs out there; I really like KeepCup’s design because they’re really colourful, and T2’sthermos keeps my coffee warm for a long time.

  1. Make a budget

I found that since I started getting paid fortnightly, it’s been really helpful to make a budget, so I can track how much I’m spending. Using the 50/30/20 method (50% living, 30% lifestyle, 20% savings) has been a really useful tool. Even though I’m living pay to pay, it doesn’t feel like it, and I know exactly where my money is going.

I hope you find these tips helpful and can incorporate some into your lifestyle!

What do you do to save money? Thanks for reading lovelies!

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