8th Mar 2013

300 ways to save money

By: YourLifeChoices
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300 ways to save money

VicSuper has put together a handy PDF to help you get your money in order. With information on saving smarter, creating a personal spending plan, untangling your superannuation and an introduction to investing for women, this ebooklet is a great reasource. To get you started YOURLifeChoices shares 10 of the 300 ways to save money suggested.

  1. Save on your power bill by washing in cold water.
  2. Turn the thermostat down on your water system.
  3. For coffee lovers – buy an espresso machine. A large initial outlay could save you hundreds!
  4. Don’t use standby. Australian households spend almost $1 billion per year in standby power. It’s around 10 per cent of the average electricity bill.
  5. Clean the clutter off the top of your fridge. Poor ventilation can add up to 15 per cent of the energy cost of running your fridge.
  6. Need to redo your garden? Ask family and friends for cuttings or bulbs from their established plants and save a fortune!
  7. Use your oven on fan-forced rather than conventional as it uses around 30 per cent less energy.
  8. Do your laundry during off-peak times if your contract has an off-peak option.
  9. Install a water-efficient showerhead to save up to $100 per year.
  10. Don’t build too much storage. The more storage space we have, the more stuff we buy to fill it!

 

For more practical money advice, download the VicSuper PDF here. You can also visit the VicSuper website at www.vicsuper.com.au.



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COMMENTS

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Nan Norma
8th Mar 2013
6:18pm
Don't use a creditcard. If you're not disciplined, then only have a debit card. If you have a car always pay the full years registration. If you need to do a job that needs you to buy a tool etc, then buy it secondhand and sell it after you've finished. (sometimes you can even make a profit) Look for the best bank interest rates. Over the years ever every dollar counts. Magazines are expensive, try buying them at the markets. (If you really must have them.) Always ask for a seniors discount. Don't be afraid to bargain. Return items that don't work etc . I know so many people who don't like to, so they go and buy another.
Nan Norma
12th Mar 2013
6:20pm
I have a problem with standby. I'd like to switch everything off, TV,DVD etc, but when I do you have to reset everything again. And that is a big problem.
KKKKatie
12th Mar 2013
4:57pm
Magazine costs can be saved by reading/borrowing them from the local library. We also borrow good DVDs.
Nan Norma
12th Mar 2013
6:16pm
Hi never waiting at the doctors etc because thats where to read the magazines. Too be honest I find they are all food and diets and gossip.
KB
15th Dec 2017
2:21pm
Borrow books from the library. Just swapped over to an energy efficient fridge and led televisions LEDS are lighter and use less electricity. Also use energy efficient light globes.


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