Savings Tips
These tips could help in the long haul of reaching your saving goals for the year 2020. It’s crucial that you
follow or at least take heed of them, in order to allow you to maximise your ability to reach your savings
goal for the year.
 Change to a bank account that does not charge account-keeping fees or requires a
minimum balance in their accounts.
 Look for ways to save on transport expenses like walking instead of driving, when possible,
or using public transportation instead of driving yourself.
 Eliminate your Pay TV services and use Free-to-Air TV instead.
 Instead of stopping at the coffee shop for coffee on your way to work, make your coffee at
home and take it with you or wait until you get to work.
 Instead of heading out to the movie theatre where tickets are fairly expenses rent a movie or
watch a free movie at home.
 Never run the washing machine or dishwater unless you have a full load to help reduce your
water bill.
 If you have a cell phone plan already, you may be able to eliminate your home phone, or
consider running your phone through your internet service at a reduced rate.
 Shop for sales items at the grocery store and purchase items in bulk, to get the cheaper per
unit price.
 Limit the number of times you eat out each month and choose to eat at home instead. When
you do eat out, be sure to ask for water instead of more expensive drinks, and skip dessert
at the end of your meal.
 Consider making homemade gifts or offer to provide a service, such as dog walking, instead
of going out and purchasing a gift.
 Lower your energy bills, by turning down your thermostat when you are not home, turning off
your air conditioner when you go to work, turning off your lights and TV when you are not in
the room, and unplugging your appliances at the outlet when not in use.
 See if you can group all of your insurances into one package to get a reduced rate on all of
them.
 Sell and buy items at a local consignment shop or thrift store when buying clothes,
household furnishings and miscellaneous goods.
 Check your bank statement each month and make sure that no additional charges are
added on. If you do have additional charge find out why and if they can be eliminated.
 Instead of going to the gym, start a walking club with some of your friends, or purchase
inexpensive fitness videos that you can do at home.
 Purchase generic-named medications, cleaners and groceries instead of the more
expensive brand-named products.