7.tipsforsaving
DESCRIPTION
SAVING your cold hard cash tipp for written & designed by newie Budgeting guide ------------------------------------------------------------ pg 6 The tips start here --------------------------------------------------------- Pg 2 1TRANSCRIPT
SAVINGyour cold hard cash
tips for
SAVINGwritten & designed by newie
1
The tips start here --------------------------------------------------------- Pg 2
tips for students, from students.Budgeting guide ------------------------------------------------------------ pg 6
2
NUSA on campus provide a huge array of services to help your budget, including (but not limited to) cheap fruit and vegie boxes, a free BBQ lunch on Thursdays & free breakfasts. http://www.nusa.org.au/
Free exercise – running, bike riding, aerobics in your living room, swimming at the beach, situps etc. Much cheaper than a gym membership!
Shop at Aldi/own brand foods. Buy generic instead of brand name products eg. Wheat Bricks instead of Wheat Bixs
Cook together with housemates/college mates. Buying in bulk and splitting the cost is an amazing saver and eliminates waste!
Buy second hand textbooks. A good place to look is www.textbookexchange.com.au
Pack lunches, or eat leftovers – avoid fast foods or prepackaged foods.
If heading out for the night, have some pre-drinks at your place beforehand, instead of spending money on pub price drinks.
Use your Pockitpal whenever you can.
There are free carparks (carpark 15 & 16) on Callaghan campus, and you can park along University Drive for free!
If you have one, make the most of your travel concession – use public transport and receive a 50% discount!
Split the cost and share a University parking permit between yourself and boyfriend/housemate/sister etc. If you don’t have a parking permit, then carpool with friends and split the cost of the day ticket between you! Read the back of shopping dockets. Sometimes you will find deals for handy things like 2 for 1 meals at Hogs Breath Cafe.
Get a U-Card. 10% off woolies/coles and lots of discounts on-campus.
Make a fair trade – swap some of your extra time helping a mate move their lounge to a new house in exchange for them to use their plumbing skills and fix that tap in your kitchen.
Whenever you have spare change in your wallet, take it out at home and put it in an empty milo or coffee tin. This will not only start a little cash nest egg (which you should take to the bank regularly to deposit) but will curb spending small amounts of cash regularly on things like coffee, snacks, etc because these places often only accept cash.
GO ONLINE! You can buy almost anything online at a cheaper price, especially clothing, cosmetics, and electrical products.
Cheap, refurbished laptop website:www.greenpc.com.au
Don’t be afraid to buy second hand – especially things like bicycles.
Gumtree.com > look for products (often furniture) that are being given away – all your need to do is go pick it up!!
If you are going to buy pizza, make sure you do it on Cheap Tuesday
Suss out which nights different pubs have their drink and meal specials on and plan your social events around those like birthday parties etc.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
3
Have a high interest, second bank account that you don’t have a keycard for. Use this as your savings account, and have an automatic transfer set up to deposit into it weekly. It will add up quickly – just don’t touch it!!
Use SKYPE! Compare skype rates to your mobile phone calling rates to see what is cheaper for different calls (overseas, interstate, landline, etc).
Save your Money. Save the Environment. Save your health. Bike Ecology Centre http://newcastlebikeecologycentre.blogspot.com
Shop around for the best student banking and credit cards deals. You can compare banks at websites like mozo.com
Food shopping late at night for specials (especially bbq chickens!)
Hold a swap night with friends to exchange unwanted items!
Save on Electricity - When possible, use the microwave over the stovetop or oven, wash clothes in cold water, turn off lights and lamps, don’t open and close the fridge often
Use places that ‘price match’. This goes for electrical goods, flights, hardware, etc.
Go veggie as often as possible! Three meatless days a week (using beans or other appropriate protein substitute) can save you up $25 a week, which adds up to $1,200 a year!!!
If you insist on buying meat, BUY IN BULK from a butchers and FREEZE.
Set up an automatic transfer from your savings account. Preferably straight after pay day each week/fortnight so you won’t even notice the money missing!
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
4
What is something small and cheap that you buy often or regularly? These costs add up so quickly! Use the demotivator tool & find out how much you’re spending:
www.moneysavingexpert.com/protect/demotivator/
5
BUDGETING GUIDE.
6
Employment+
Centrelink+
Partners/Parents income
=
WEEKLY
______
______
______
______
x 52wks
A
Grants or Bonuses+
Scholarships+
Other income
=
ANNUAL
______
______
______
______ B
Rent+
Food+
Childcare+
Petrol/Public Transport+
Sport/Gym membership+
Spending money+
Other weekly
=
WEEKLY
______
______
______
______
______
______
______
x 52wks
______ C
Utilities (Gas, etc)+
Internet/Phone+
Other monthly
=
MONTHLY
______
______
______
x 12mnths
______ DCar Rego/Insurance
+Parking/Permit
+Course Fees (upfront)
+Health Care
+Other Insurance
+Other Yearly
=
ANNUAL
______ E
A + B C + D + E- -- $
income
expenses
Using your own personal income and expenditures, this guide will give you an idea of what kind of financial commitment studying at University involves, and how much money you will have to work with anually.