Ways To Save Money Around The Home
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Is money getting a bit tight? While being unemployed it’s a good time to streamline your outgoing expences by making adjusts to your household bills. Let’s explore great ways to reduce household bills and save money.
Cable TV
Do you really need Foxtel? Is it worth having the “ultimate package” or can I go without some channels. Depending on your finanical situation you may decide to be ruthless. Moving to a cheaper package or cutting the service is a great way to save money.
Grocery Shopping
Home Brand, you knew I was going to say it. Shopping for home brands will really save you money of your shopping bill, there are some more tips below:
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- Don’t go shopping on a hungry stomach, to much temptation.
- Don’t even go near the chocolate and confectionary isle.
- Only buy quantity if you are going to use it, otherwise save the money.
- Go to a Butcher, don’t buy from the Supermarket.
- Go to your local Fruit and Vege Shop or Weekend Markets, much cheaper and fresher than the supermarkets.
- Consider growing a vege garden.
- Buy one treat for each person in your family and let them choose it.
Electricity and Gas
You can make some big savings here. Simple ways without changing power supplier:
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- Turn off lights when you’re not in the room,
- Turn off the computers hen not using them,
- Reduce the use of Aircon and Heaters,
- Turn everything off at the powerpoint,
- Install energy reducing light bulbs.
Changing Power Supplier:
As the electrity & gas network is now private, you can shop around for the best deal. Not all energy retailers charge the same. To compare and get the best electricity and gas deal visit goswitch.com.au. (Free Service)
Home Loan interest rates are very low at the moment but that doesn’t make a difference if you fixed near 10%. First thing, if you are having trouble making your mortgage repayments without delay advise your bank. They don’t want you to go bankrupt and will assist, however don’t leave it too late. If you are lucky to be on a variable rate, contact your bank to make sure you are paying the minimun repayments. When you are employed again then go back to your normal repayment system. You can also ask your bank to draw on your redraw facility to make repayments, they will most likely suggest this anyway.
Don’t forget some banks are offering a mortgage repayment halt for 12 months, worth considering.
Quick Tip:
The banks have probably already overcharged you on interest many times! TheLoanChecker software can help you find bank errors and get your money back. They are so confident that you will find errors in your bank statements or they’ll give you $250! Sounds good, Visit Loan Checker - here. (Featured on TV Show: Today Tonight). Nothing to lose, $250 to gain.
Car & Home/Contents Insurance
Car insurance is one of those annoying things that unfortunity in today’s world is as neccessary as oil. However you can save a lot of money if you have the time to compare prices, being unemployed is a great time to do this. If you can find a cheaper quote then switch over, yes you may have to pay a cancellation fee but you may save hundreds over the year.
I personally found Youi Insurance to be the cheapest and with the best service. I strongly urge you to check our article about getting a discount from Youi Insurance before shopping around. Click Here >>
Other Bills & Expences
Ask yourself “do I need it” or is it “a want”. When you are unemployed and strapped for cash the “wants” need to be put under the microscope. You will be surprised how much money you can save if you just ask youself this simple question: Do I really need this?
Example: Do I need a new Playstation game? No you don’t, it’s not essential.
More Articles - Visit Our Save Money Area
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