5 Awesome Money Saving Tips

by Krantcents · 28 comments

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There are so many simple money saving tips around that even your mother could remind you to do. Things like ‘turn off the TV at the switch’, ‘check the taps and showers don’t leak’ among others. We have compiled a list of some of the best and most awesome money saving tips that you can do at home.

 

These awesome money saving tips are actually useful, and you might even find them fun.

Tip 1: Sign up for a Frequent Flyer rewards program

There are plenty of frequent flyer programs out there offering great rewards for everyday spending. Most supermarkets have some kind of system that rewards you for shopping at their store. Spend enough at one chain and you’ve earned yourself free flights.

If you haven’t got enough frequent flyer points saved for a holiday, remember you can always save money on holidays by going camping. Camping is a rewarding experience that you can easily enjoy with your friends and family.

Tip 2: Get an awesome piggy bank

We’ve all had plenty of loose change floating around in our wallets, pockets and cars. Lighten the load by putting your spare change into an awesome looking piggy bank. If you get yourself a hip looking bank, you’re more likely to enjoy paying attention to it. Once it’s full, take it down to your local bank to convert your small change into useful money. Deposit enough money and you can even earn a little extra interest on your savings. For readers in Australia, check out UBanks high interest savings accounts.

Tip 3: If you drink beer, try brewing your own

We know this one isn’t for everyone, but it’s still awesome and will save you money. Home brewed beer can be a fun experience and leave you with a great tasting end product that you can share with your friends. Home brewed beer will cost you about $15 for about 5 gallons compared with around $50-$60 if you bought the same amount from the store.

Tip 4: Use coupons as often as you can

Save printed coupons from your local stores in a bowl or box near the front door. Make it a habit to check for coupons before going out. There are plenty of online coupon sites too, with coupons for online and local stores. Check for coupons and discounts before making any purchase online or locally. Coupons can save you loads of money as long as you remember to use them.

Tip 5: Exercise with friends outdoors rather than at the Gym

Gym memberships can be expensive with long contracts that often have hidden fees and costs. Save money by doing your workout at home or in your local park. If the exercises you would normally do in the gym require equipment, research other exercises that target the same muscle groups that you can perform without them. If it’s the spin class you enjoy, get yourself a bicycle. It’s a short term spend that will save you money in the long run. Riding outdoors is a great way to see new places in your neighbourhood and is more enjoyable than stationary bikes.

Photo by:  StockMonkeys.com

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