Surprising Ways to Save Money Without Sacrificing Habits

Save Money, Keep Habits

It’s no secret that living expenses can add up quickly. Between phone bills, petrol bills, and utility costs like electricity and gas, it can feel like you’re constantly shelling out money just to maintain your everyday routines. But what if we told you that there are ways to save money on these expenses without sacrificing your favourite habits?

First up: phone bills. Did you know that certain phone plans offer discounts for multi-line accounts? If you have a spouse or family member who shares your plan, consider adding them on to take advantage of this perk. Additionally, many carriers offer loyalty rewards or discounts for auto-pay enrollment. Be sure to shop around and compare plans before committing. There are PLENTY of great SIM only plans as well if you are lucky enough to own your phone outright. In some cases the savings can be up to $50/month. Telco carriers won’t tell you that there is savings to be had, it’s up to you to check out their website from time to time. If you do need to switch carriers, you can always “port” your phone number across, it’s not that hard and nobody will be affected.

Next on the list is petrol bills. It’s true! There are cheaper days to fill up and also great apps available to help you find cheaper fuel when you need it. It’s not practical to drive for 30 mins just to save a few dollars on fuel, but hey, if it’s on your way, why not top up and save.

A few great apps are “FuelCheck” (if you’re in NSW) and “My 7-Eleven”. Also, if you’re an NRMA member, did you know that if you download their app “My NRMA” you can save up to 5c per litre on Fuel at any participating location PLUS they have heaps of other discounts for services you would use everyday.

HOT TIP!! If you use the “My 7-Eleven” app, next time you are in an area that sells cheap fuel, Lock In the great rate and fill up at any Mobil / 7-Eleven within a week.

Next is Electricity bills. Switching providers is really easy and seamless. Log into a comparison site, provide your current meter number, and they do all the hard work of finding you a cheaper rate. Sometimes paying your bills weekly works out cheaper than monthly or even quarterly PLUS, there is no “Bill Shock”. Again, switching providers is simple and easy.

Cut Unnecessary Expenses

Are you tired of constantly feeling like your money is disappearing without knowing where it’s going? One simple way to take control of your finances is by cutting unnecessary expenses. Two common culprits are apps you no longer use and subscriptions that have been forgotten.

Apps can be a great addition to our daily lives, but it’s easy to accumulate too many over time. Take a few minutes to go through the apps on your phone and delete any that you haven’t used in the past month or two. You might be surprised at how much space you free up and how little impact those unused apps had on your life, Plus the money you save will amaze you. It’s so easy to look past those $5 -$10 charges each month.

Similarly, subscriptions such as Streaming Services can quickly add up without us realising it. Make a list of all the subscriptions you currently have and evaluate which ones are necessary for your daily life. If there are any that you could do without or replace with a more affordable option, cancel them or pick your favourite providers.

Change Shopping Habits

“Branded is Not Always Better and Cook More Fresh Food”

In today’s world, we are constantly bombarded with advertisements from big brands. We tend to believe that branded products are always better than their generic counterparts. However, this is not always the case. In fact, often times generic products can be just as good, if not better than their branded counterparts. Next time you go shopping, consider trying a few generic items and see if you can save some money without sacrificing quality.

Another great way to change your shopping habits is by cooking more fresh food at home. When we rely on pre-packaged or processed foods, we are missing out on all of the nutritional benefits of fresh ingredients. Plus, cooking at home allows you to control what goes into your meals and can help cut down on unnecessary additives or preservatives found in pre-made meals.

Utilise Discounts & Deals

Are you always on the lookout for great deals and discounts? Do you love getting rewarded for your loyalty? Then it’s time to start taking advantage of membership discounts and reward points! These programs are designed to help you save money while still enjoying all the things you love.

With membership discounts, you can often get significant savings on everything from clothing to food. Many stores offer special deals and promotions specifically for their members, allowing you to enjoy your favourite products without breaking the bank. Plus, these programs often come with added perks like free shipping or early access to sales.

If you’re someone who loves earning rewards, then reward points could be right up your alley. Whether it’s through a credit card or a store loyalty program, earning points can lead to some fantastic benefits like cash back or free travel.

Find Additional Savings

Are you feeling the pinch of rising expenses and struggling to make ends meet? Do you find yourself constantly juggling multiple loans and store cards with high interest rates? If yes, then it’s time to explore some additional savings options.

Debt consolidation is a great way to simplify your finances and save money. By consolidating all your debts into one loan, you can lower your interest rates, reduce your monthly payments and ultimately pay off your debt faster. At Clearwater Brokers, we can help find you reputable lenders offering debt consolidation loans at lower interest rates to help ease the burden on your wallet. Traditional banks often charge unnecessary fees that add up over time, but there are many online lenders offering low-fee loans with competitive interest rates.

As you can see, there are multiple ways of saving hard earned dollars without changing your day to day spending habits. These small but significant examples are just a few of the options you can start immediately and start to watch your savings grow.

If you used just a few of the above, you could easily save yourself close to $200 per month.

That equates to $2,400 each year.

If you require assistance or would like to discuss these matters further, please be sure to contact us on 1300 85 64 65 or email us at hello@clearwaterbrokers.com.au