Investments & Loans

Driving Home a Bargain

Petrol rebates from credit cards and the retail stores you shop at add up. You might save $1000 a year from becoming super disciplined about how and where you buy your fuel.

Emergency Cash

Where do you keep your emergency money? If you have it in a current account that pays 1% you might want to look around for some short term CDs that pay 3-4% or online savings accounts that also pay around 4%.

Small Change

Having a money jar is perhaps the all time frugal tip. It might be a common one, but it really can add up. We would save over $1000 each year in our family from the family money jar.

Big Bills

If you budget in advance for big bills by paying them off each week or fortnight (I would suggest you time it with your pay days) into a high yield account (for example the online savings account mentioned above) you will see the interest mount up over the months (and years). Plus the money will always be waiting for the bills when they come.

Low-Cost Funds

Low cost investments like index funds will see you save 1-2% minimum over regular mutual funds.

Credit Freeze

Another good ol’ tip.. freeze them cards in a pan of water. If you really NEED anything THAT badly, you will be able to wait for them to thaw out.

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