Put down that extra large cappuccino from the overpriced coffee shop up the road and stop to think about how much money you are spending on your money coffee?!
Every dollar adds up and on average a good cuppa costs around $3.00. For example if you were to purchase a coffee each day for a week you are spending $15.00 a week that could be put back into your savings.Over a year this equates to a whopping $780.00 that you could be saving towards your next holiday, project or even a house deposit!
Faced with extravagant house prices and high barriers to entry for first home buyers now is the time to buckle down with your spending and get your savings up to scratch to buy into the market as soon as possible. Starting early is important and it can be achieved with discipline and creativity.
Here is my list of 66 super frugal ways to cut down on your household expenses;
- Turn the heating/cooling down and use it sparingly to save on electricity
- Use the clothesline and not the clothes dryer. Opt for the drying rack during the cooler months of the year.
- Become a one car family - carpooling is cool!
- Ride your bike, walk or use public transport to cut down on fuel costs
- Turn on your washing machine and dishwasher only when full
- Turn off lights that aren’t being used in other rooms of the house
- Cancel your landline telephone - work from your mobile phone instead
- Unplug appliances that aren’t being used
- Create and stick to a weekly meal plan
- Eat your leftovers
- Pack a bag lunch
- Switch to cloth napkins
- Ditch your single use paper and plastic items
- Grow an edible garden
- Save your gold and silver coins in a coin jar - you will be amazed at how much every dollar counts!
- Cook from scratch - fresh food beats greasy takeaway everyday - and it’s cheaper!
- Do your own minor repairs around the home with the help of Youtube tutorials
- Downsize your home if you can
- Sell stuff you don’t use - decluttering is cleansing
- Don’t buy stuff to impress people
- Focus on your ‘needs’ and not your ‘wants’
- Shop locally and avoid online shopping with it’s added delivery fees - eek!
- Make your own cleaning solutions using vinegar, water and baking soda or opt for cheaper cleaning products. Aldi supermarkets are now your new best friend.
- Use it, mend it, re-purpose it, recycle it
- Cut up old shirts and use them for cleaning rags
- Trade your goods and skills with others to save money
- Workout at home, skip the gym and use free online workout videos or DVDs
- Purchased second-hand furniture instead of new furniture
- Check the sales flyers and coupons before your fortnightly shop
- Make a shopping list and stick to it
- Plan a no spend weekend - stay in and enjoy what you have at home!
- Opt to buy generic goods to save money
- Keep emergency cash handy
- Be prepared for all seasons - Buy clothing out of season e.g. denim shorts at the start of autumn in the sales for next Summer, you could save big bucks!
- Don’t wait till the last minute with anything, repairs, groceries, planning and etc
- Cut back on entertainment expenses - hire weekly DVDs, cut the cable service and make going out to the cinema a special occassion.
- Sign up the kids for free kids classes at your local craft stores, local arts centre, Bunnings and the library
- Do your own housework, baking, landscaping and maintenance work
- Purchase long-lasting, non-perishables
- Learn to say no
- Learn to knit, crochet and sew
- Learn to use household tools
- Do your own painting and redecorating
- Buy it in bulk
- Use reusable bags
- Plant fruit trees and berry bushes
- Buy energy efficient appliances
- Install low flow toilets and shower heads
- Maintain all gas and wood burning fireplaces and heaters
- Opt for sweaters, slippers and blankets before turning up the heat
- Replace all your light bulbs with LED bulbs
- Start living with less
- If you don’t have a tool or appliance borrow it, or rent it instead of buying it
- DIY your gifts
- Invest in a good slow cooker
- Buy cheaper cuts of meat or opt for meatless meals
- Drink more water and less soft drink and juice
- Plan cheap but amazing dates
- Use reusable soap dispensers
- Freeze your leftover vegetables to use in soups and bone broths
- Invest in a good coffee maker or teapot and bring your own coffee or tea with you
- Use cash envelopes
- Have open communication with your spouse regarding money, goals and life
- Plan potluck dinner parties with friends instead of eating out - e.g. My Kitchen Rules Sundays
- Learn to cook something new each week - variety is the spice of life!
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