Ten Guys Share Their Everyday Saving Hacks
We asked a range of guys to give us their personal saving tips and once we got past the, “do a runner when it’s your round at the pub” and “don’t ever have kids” answers, there were some refreshing gems of advice.
From hacking your petrol tank to cutting back on power costs, here are some words of wisdom from ordinary guys who are everyday geniuses (two of whom, weirdly, have the name Brent).
#1 Brent: Cut back on pies and beers
“I know it sounds a bit lame but I make my own lunch for work. It can be a bit embarrassing when the boys go to the local pie shop and I’m sitting eating my ham and cheese sandwich but once I worked out I’d save around $60 a week just by bothering to do it, I can handle the digs! Plus I also only go for after work beers on a Friday rather than every day when we knock off!”
#2 Connor: Budget for bills
“Bills can be really stressful to manage, especially when you’re faced with heaps of them all at the same time, or even worse massive ones every quarter. I feel like all I do is constantly owe money! So recently I decided to pay my bills weekly so it doesn’t feel so painful watching the dollars disappear from my account!”
#3 Dave: Keep track
“I started to write everything down that I spent (or waste) on things, every month and then made a budget around that. It blew my mind what I was actually spending when I saw it written down; it definitely helped me cut back.”
#4 Mike: The golden ratio
Every month I break it down like this: 60% of my pay goes into an account for everyday costs like dunny rolls, 20% into a savings account to hopefully buy a tin shack in Sydney one day, 10% to blow on whatever and the other 10% is for super super emergencies – you know, like end of the world stuff.
#5 Ben: Cutting back on software
“If your company uses Microsoft Office 365, you can install it on 5 computers, which is a great saving when it comes to your home computer!”
#6 James: Efficient car control
“I never fill my car to the max. It’s more cost effective if you fill it to maybe half a tank because it’s lighter and therefore uses less. Yeah it’s annoying to keep filling up, especially when the prices fluctuate but generally I find it works. Just need to plan a bit – oh, and buy fuel at the beginning of the week when it’s cheaper too.”
#7 Matt: Power off
“If you switch off unused appliances at the wall like toasters, stereos, laptop chargers/phone chargers and even TV you’ll save money. Leaving them on, but not in use continues to consume power. It may be small but it all adds up.”
#8 John: Use guilt wisely
“My tip is simple and relies on guilt – my own guilt! Keep all your money in your savings account so you feel bad every time you buy something and have to take money out of that ‘saving for Bali boys’ trip’ fund. Works a treat!”
#9 Pete: Search before you shop
“I Google search everything I want to buy online and see if there are cheaper ways of getting it. I not only find sites that price match but I look for discount codes that can save you heaps. All you do is search for “voucher codes” for that item and when you checkout for the product, whack it in and bam, instant saving thanks very much. Sometimes they don’t work, or have expired but I always find a reliable code in the end!”
#10 Brent: Keep it to cash
“What works for me is to leave the debit and credit cards at home. I withdraw cash that I’ve budgeted on things like food, entertainment, transport and a beer or two. When you have cash in your wallet it’s very easy to keep a visual track of your spending and when it runs out, it runs out.”
A published freelance writer from print to online, Katy’s passion is honest authentic writing. From the mundane experience to a sensational observation, Katy always finds a way to voice what she sees. Relatable and quirky, she writes with warmth and familiarity. She also loves lists, matching socks and edamame beans. You can find her on Twitter @whatktdidnextfw and Facebook.