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How to Save $1, $10, $100 a Week
When it comes to saving money, you might think that $1 here and there won't make much of a difference. Add up all those single dollars and before you know it you have saved a considerable sum.
Just remember: money isn't saved until it is safely in the bank. Until then it's just not spent so make sure you do put your dollars aside to be banked.
You can save $1 a week by:
• Hang the washing on the clothes line rather than using the dryer – saving $0.65c/load
• take your morning coffee in a thermos mug – saving $2.50 plus/coffee
• borrow magazines from the library – saving $3.00 plus
• wash in cold water – saving $0.25 per load
• turn lights off – saving on a 60w incandescent light bulb $0.84/hour
• switch to compact fluorescents – saving $0.69/hour for 60w equivalent
• buy petrol when it's at it's lowest – save up to $0.10/litre
• make your own chips – saving $ 1.50/kg
• buy cans of soft drink in bulk from supermarket – saving $1.00/can
You can save $10 a week by:
• Taking your lunch to work just one day a week - save $8
• Have one vegetarian meal a week - save $7 or more
• Cancel the newspaper on weekdays- you can read it online for free - save $6
You can save $100 a week by:
• Using cash - put away the credit cards and stop paying interest on your purchases
• Review your annual bills - insurances, phones, Internet, electricity and gas and switch to a cheaper provider
• Switching from brand name to generic products for the things that don't matter (flour is flour, sugar is sugar regardless of the name on the packaging) and save around $30 a week
• Create takeaway style meals at home and save $25 (or more) a week
Not one of these things will cause a major lifestyle change and on their own they won't save you much. But combine a few of them and the savings add up.
Remember the old saying "take care of the pennies and the pounds take care of themselves"? In this instance, they really do!
Just remember: money isn't saved until it is safely in the bank. Until then it's just not spent so make sure you do put your dollars aside to be banked.
You can save $1 a week by:
• Hang the washing on the clothes line rather than using the dryer – saving $0.65c/load
• take your morning coffee in a thermos mug – saving $2.50 plus/coffee
• borrow magazines from the library – saving $3.00 plus
• wash in cold water – saving $0.25 per load
• turn lights off – saving on a 60w incandescent light bulb $0.84/hour
• switch to compact fluorescents – saving $0.69/hour for 60w equivalent
• buy petrol when it's at it's lowest – save up to $0.10/litre
• make your own chips – saving $ 1.50/kg
• buy cans of soft drink in bulk from supermarket – saving $1.00/can
You can save $10 a week by:
• Taking your lunch to work just one day a week - save $8
• Have one vegetarian meal a week - save $7 or more
• Cancel the newspaper on weekdays- you can read it online for free - save $6
You can save $100 a week by:
• Using cash - put away the credit cards and stop paying interest on your purchases
• Review your annual bills - insurances, phones, Internet, electricity and gas and switch to a cheaper provider
• Switching from brand name to generic products for the things that don't matter (flour is flour, sugar is sugar regardless of the name on the packaging) and save around $30 a week
• Create takeaway style meals at home and save $25 (or more) a week
Not one of these things will cause a major lifestyle change and on their own they won't save you much. But combine a few of them and the savings add up.
Remember the old saying "take care of the pennies and the pounds take care of themselves"? In this instance, they really do!