Tips to save money that will help you where you are
The more ways to save money you are familiar with, the better you can do financially.
Good money saving habits is important for everyone, although not everyone will benefit from the same advice. Someone who has just started working faces different challenges than someone with kids, for example.
Whether you are starting out, setting yourself up, growing your wealth or planning for retirement, we give you tips and tools on how you can save money each step of the way.
Saving money when starting out
Starting a new chapter of your life can be both exciting and scary. Maybe you are renting your first apartment or buying your first car. The new financial responsibilities can be stressful, but the more you know the more confidently you can choose what is right for you. On savings.com.au, you can take your time to educate yourself on the issues. We give you the best ways to save money when starting out.
Ways to save money when setting yourself up
Setting yourself up presents its own challenges. Many are looking to buy their first home or start a family. It is also the time that you may start thinking about Superannuation and budgeting. With the right information, you can make informed choices on how to start saving money. Whether you want to invest in a home loan or in your children’s future, it’s easier when you are well informed. We give you advice on a range of money saving ideas related to home loans, Super plans, growing your family, single income, finance and budgeting.
Money saving ideas when growing your wealth
Growing your wealth is an important step on your money saving journey. Your kids may want to go to university. And you may have the economic freedom to upgrade your property, build your wealth or invest. It is important to consider creating a long term savings plan at this stage, too. You can use this site to find ideas on how to do that as well as tips for saving money in your forties and fifties, ideas on how to save money for your kids’ education, the benefits of buying an investment property and much more.
Get more out of your money when you are retired
Australians retire at quite a young age compared to the current life expectancy of 82 years. Many decide to retire when they are 65 as that is the age when they become eligible for Age Pension. The age you want to retire at of course depends on your circumstances. You will have to judge how far your money goes, and whether or not you can live without a salary. We give you tips on how to plan your retirement and calculate how much you need to put aside. Retirement itself is also the perfect time to teach yourself some tips for saving money. Most people will have less to live for, but will also have more time to pursue activities or interests. You can use this site to get some ideas on how to plan for retirement and how to save money when retired.
How to navigate our website
We have seven money saving categories in the top bar: Personal, Finance, Investment, Property, Household and Tech & Telco. Good saving habits are not just reserved for your household budget. Visit each of these categories to see how you can save in all areas of life. You can for example find tips on how to save money fast using public transport, how to save money on personal loans, how to go on cheap holidays or how to choose the right insurance.
Saving money in your personal life
We all need more than the daily routine to be happy. But how do we lead a satisfying life without wrecking our finances? Healthy cost saving habits can be incorporated into a lifestyle where there is still enough money to spend on the things you find important. This is an area where you can save money fast with the right planning. We give you ideas on how to save for your wedding, your next holiday, transportation or shopping. Achieving our dreams doesn’t necessarily mean spending heaps of money – with some tricks up your sleeve and an open mind, you can make your money stretch.
Easy ways to save money on finance
Many choose their bank account, credit card or insurance without putting much thought into it, but these are actually areas where you can save money. In this category, we give you advice on how to start saving money on home loans, car loans, credit cards, savings account and more. We lay out the all of the information in order for you to make an informed decision.
How to pick the right insurance
Spending money on insurance can seem counterintuitive if you are trying to save money. But they are a necessity. They can mean the difference between a little extra cash out of your pocket and risking a debt you can’t pay off. Bad luck can hit anyone, and you might find yourself in a situation where you have to pay a huge bill if you are not covered. There are three main types of insurance in Australia: Life insurance, home insurance, car insurance and health care. We help you understand all four kinds, what you need to consider, and how to compare between them.
Learn how to invest
One of the best known types of investment is Superannuation. Super is often simply a percentage of your salary, withheld by your employer. In this category, you can learn everything there is to know about Super, how to start saving early, and how to choose the right retirement plan. You can also find advice on other types of investments such as mutual funds and shares.
Money saving tips when buying property
Taking your first home loan, buying investment property (real estate) or dealing with conveyance or income tax can seem like a difficult task. We help you understand the rules and make it easy to see where you can save money. Property can be a great way to grow your wealth, but it can end up more expensive than it needs to be. We give you information on how to do more with your money in this area.
How to save money fast on your household expenses
In this category, you can find information on how to save money on the household. Cutting costs on household expenses is something that often comes to mind when thinking about saving, and with good reason. Groceries, kids and utilities take a big chunk of your salary, and it does so in an obvious way, because it goes out of your pocket on a daily basis. Building a budget and sticking to it can help cut costs on this front. We have lots of good tips to save money on/with parenting, groceries, cheap furniture, gas, electricity and income tax.
Best ways to save money on tech & telco
There is money to save on everything, but cost saving is particularly relevant when it comes to technology. Pricey items seem to flood the market. It’s easy to pay too much. We give you some tips and tricks on how to see through the offers and plans and choose based on your needs and lifestyle. One of the tricks is to bundle up without adding services you don’t need. Read more saving money tips under Tech & Telco.
Keep your finances healthy over time
While there are plenty of easy ways to save money in the short term, it can be hard to build and maintain healthy saving habits in the long run. We give you practical tips and tools on how to make smarter choices that keep your finances healthy over time. We have collected all the saving money tips you need to get the most out of your earnings. By using the categories in the menu, you can learn more about personal, finance, investment, property, household and tech & Telco. Or you can simply start by clicking on the menu point that describes where you are in life, to find information on what to do if you are starting out, setting yourself up, growing your wealth or planning your retirement.