Christmas doesn’t have to be crazy busy and costly. Some preparation between now and then and a few little tweaks to the way you do things can help you stockpile some money for the Silly Season!
We share our top (not too hard to achieve) 7 tips:
Drop a habit
Anything you want! Think about where your money goes, and what you can sacrifice for 7 weeks to build up some funds.
- Drop a midweek bottle of wine at $15 a pop, $105 over 7 weeks
- Give up that weekday chocolate bar, save $3 a day, also $105 over 7 weeks
- Buy the weekday chocolate bar at Coles or Woolies, save $2 a day, $70 over 7 weeks
- Have one less takeaway coffee a week, that’s $28
Make the commute for less
How much do you spend travelling to work, study or going out?
- Exchange a weekly taxi or Uber for the bus
- Walk a bit and get off or on the bus a zone earlier
- Ride instead of drive, walk instead of bus, research your options
Make money from stuff you don’t use
Take a look around your house, in your cupboards, and at the back of your drawers. Do you have things stashed away that rarely or never see the light of day?
- If you have lots, have a garage sale
- If you have a little, make eBay, Gumtree or Buy/Sell/Swap sites work for you
Bring your lunch to work
We hear this all the time…. right? We are talking about 7 weeks here.
- Exchange bringing for buying one day a week, and that’s about $70 over 7 weeks
- Do it 2 days and that’s $140
You heard it! If you want to find some more money, but don’t want to give up your luxuries, is there anything you can do to earn some extra?
- Overtime at work
- Babysitting, dog walking, mowing lawns, delivering catalogues
- Market research, mystery shopping
Grocery shop smartly
How many of us, hand on heart can say that we always escape impulse buys? Anything from that tub of ice-cream through to that new pair of shoes……
- Try online grocery shopping through the catalogue – take advantage of half-price specials
- Find a supermarket that’s not in a shopping mall & go there instead
Review your bank statements
It’s amazing what you can find!
- Ask the bank to waive the annual fee on your credit card
- Compare interest rates, and if yours isn’t competitive, ask for lower
- Check your statements for automatic debits going out for services you no longer use