How do you save or be thrifty with money?

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        SnowDragon on 30/07/2020 - 07:42

        Not judging I'm jealous. I'd love all the amenities.

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  acersaurus on 06/07/2020 - 10:45

  +3

  Buy a house in a large regional city as opposed to a major city.

  Be prepared to swap home loan providers if a better deal is available.

  Have no credit card debt, but use a credit card for the points. I use the Kogan one which by the way I got $500 free kogan credit on for signing up (deal no longer available).

  Buy a cheapish reliable car that is 3-4 years old as opposed to new e.g Kia, Hyundai.

  Make low ball offers buying a house or a car until one is accepted (strategy working depends on how many buyers in the market).

  Don't get attached to any one particular house when buying a house.

  Buy a house that suits your long term needs to avoid paying stamp duty when swapping to another house.

  Get solar.

  Buy groceries online, as it's easier to sort through specials and stop impulse buys. Also if shopping at Woolworths get 5% off with online gift cards + 10% off once a month with Woolworths insurance + use discount codes when available.

  Buy whatever you can online, as its usually cheaper if you look around.

  Get married in SE Asia.

  Explore SE Asia for holidays when budget air fares come up.

  Don't have brand loyalty.

  Buy all the furniture you can second hand on the Facebook market place app. Rent a van and drive around picking it up. Get good quality stuff for 10% of the original price this way. The best way to get a good deal is also to search for furniture items listed in the past few hours, as the best deals get snapped up fast.

  Use the entertainment book.

  Get special deals on movie tix, including popcorn/drink half price through RACV.

  Make use of free public spaces for entertainment e.g parks, state parks, beaches.

  Ensure that any charitable donations are tax deductible, as some charities are not registered for this.

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  inasero on 10/07/2020 - 10:49

  ask for a better deal on service providers once per year (NBN, electricity, gas, phone)
  use the energy compare website when considering other providers (receive the $50 bonus)
  ask for a reduced interest rate from my bank at least once a year
  refinance with banks willing to be more competitive or offer cashback incentives
  use prepaid mobile as they provide better conditions for a lower price in most cases
  participate in focus groups
  purchase only on sale items in grocery shop and let that decide what I’ll cook
  buy generics. use things like ‘disposable’ razors instead of ‘non disposable’. The only main difference I notice is price
  load up on non expiry items when they are on sale eg deodorant
  put everything on my loan offset or redraw. Put some extra in ETF and super
  bargain and use coupons/promo codes whenever possible
  use this website

  While the above are all great points, I think the main thing I would advise someoneone is to monitor their budget (if you don't, make one now) and determine where the majority of their expenditure is (for alot of people it's in discretionary spending like going out to restaurants or in takeaway coffees or drinks at the pub) and address that.

  Earning and growing money is important too, but most people have more of a spending problem rather than an earning problem.

  Using OzBargain can potentially be a bit of a trap in that people feel like they're saving money on bargains, but in the long run it's more of a drain if they spend on items they would never have bought in the first place or rarely end up using.

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