Monday, October 7, 2013

Ways for you to save your money now!

Ways for you to save your money now!


Being a full-time/part-time uni student can create a lot of financial stress! Money is the barter for everything, from textbooks to buying lunch!!

Here, is short list of some useful ways on how to save your money so you can save it for future use!!





  • Don't touch that PLASTIC CARD - If possible try using only cash when making a purchase. If not, use a Debit or Eftpos Card but stay away from the CREDIT CARD!
source: http://static.skynews.com.au/elements/img/article/638x359/skynews_905610.jpg
  • Move Savings into the bank to earn INTEREST - Once your income enters your bank. Immediately transfer the "extra" dollars into a nominated savings account! The earlier you transfer your money into a savings account, the more interest can be earned and in the future it'll accumulate to a larger sum of money $$$
source: http://www.youngentrepreneurs.com.au/wp-content/uploads/2013/06/saving-money.jpg
  • Keep track of your SPENDING - Create an Excel document or note down in a diary/list of all your bills that need to pay. With technology, you can now also download applications that help you manage your savings. i.e. trackmyspending
source:http://a3.mzstatic.com/us/r1000/083/Purple2/v4/99/f8/d4/99f8d4e7-4b4b-4aaa-0403-e4345157ebc8/mzl.mllyvkfs.png
  • Compare prices and select the BEST DEAL - Search online or in-store for the lowest deal before making the final purchase. This is especially important when purchasing more expensive items i.e. car or laptop
source:http://ebookfriendly.com/wp-content/uploads/2011/06/price-300x234.jpg
  • Always question yourself whether or not it is a NEED or WANT?! - We are constantly thrown with commercials targeting us to buy their products. But if we can fight them with the questions before buying. It'll help us save money! So make sure you can afford to buy it and if can is the product a need or want?
source:http://www.brainpickings.org/wp-content/uploads/2010/09/needtowant1.gif

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