Life, Money

10 tips to being MoneyBrilliant – Part 2

Published on August 27, 2015 12:49 pm, by

We had such fun last week putting together our 10 tips to being MoneyBrilliant we thought we’d challenge ourselves to find another 10.

So from me, my friends and the MoneyBrilliant team here are our top 10 tips for saving this week.

  • Rediscover your local library. I recently found out as well as book, magazines, DVDs, and videos my local library hosts book signings, author talks, youth movie nights and demonstrations (think food).  Most of them are free, some run at a small cost.
  • Buy a drink bottle. Make it BPA free.  And refill your bottle from the tap.  How many times on the run do you buy a bottle of water?  Even if you invest in a water filtering jug you’ll be way ahead.
  • Buy essentials in bulk when they are on sale – toilet paper, washing detergent, toothpaste, and wine – when you see them half price grab extras and put them in the cupboard for later.
  • Buy quality. Its well worth spending the extra $$ to purchase an item once in 10 years rather than spending less and purchasing the same item annually.  Think vacuum cleaner, toaster, and frypan.  My latest mistake was going for the cheap tyre pump – not just once but twice.  Now I’m pumping balls with a borrowed pump and marking time to buy a new one.
  • Make up – check out Priceline, there are lots of great brands and regularly they have 40 or 50%. Also consider shopping online some websites have free shipping costs.
  • Make your own sweet thing – the cost of making a batch of brownies could be around the same price as 1 or 2 slices from your local café. Not to mention you also know what goes in to it!  If you don’t want to eat it all, just freeze it in to slices you can grab out of the freezer on the days you want a sweet fix.
  • Clean out the pantry – every once in while skip the grocery store and use up what’s in your pantry. Just slip in to the local fruit & vegetable shop to stock up on fresh stuff.  You might find a bargain there and you won’t be tempted by the attractive goods laid out enticingly in the supermarket aisles.
  • Always use a note to pay by cash – put all your change in to a tin that requires a tin opener for opening. Just before Christmas open the tin and use it to buy gifts and food for your family and/or friends.
  • Give the gift of labour – Once we had kids, my favourite gift to receive became the voucher for a nights babysitting. How good is that!  There are all sorts of takes on this idea, one of the guys in the office gave his wife a 10 pack of vouchers to clean the windows (stipulating that it has to done within 30 mins of her asking)!
  • Buy chickens – I have it on good authority that a family of 4 can save $300 annually on free range eggs. That’s 4 chooks laying an egg each a day. And the savings are after the cost of feeding the chickens.   **Disclaimer: according to google the number of eggs laid per day can vary

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Jen is an experienced banking professional who loves wine, coffee, finding a bargain and of course her three beautiful children. Since Jen's first budget led her to buy a home at 20, Jen has passionately helped others to make better decisions with their money.

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