Top Ten Saving Tips

1. Keep a record of all spending in a diary. That way you know where your money goes and you know where to cut down.
2. Online grocery shopping helps you stick to budget by checking the total cost and cost per item prior to purchasing.
3. Establish a budget, then set up your pay so it automatically goes into separate accounts – for bills, savings, home loan – to reduce the chance you overspend.
4. Don’t deprive yourself completely. Factor in the odd treat, otherwise you may never stick to your budget.
5. Tally all yearly expenses and divide by the number of times you are paid each year. Each payday transfer funds into a separate account. Usual expenses are covered for next year. Save or spend the surplus.
6. Have breakfast at home and bring your lunch to work. As a reward budget yourself to buy lunch once a week.
7. Write down your goals and place this in your wallet. A constant reminder before you are tempted to spend impulsively!
8. Take 10 minutes to consider your meals for the week and plan your grocery list. It curbs ‘impulse’ buys and throwing away unused food!
9. Set reminders 1 month before a bill is due – this should give you time to arrange your budget and make payments on time.
10. Work out how much you want to spend for next Christmas, open a separate account and auto deposit over the year.

Any advice does not take into account your personal needs and financial circumstances. Australia and New Zealand Banking Group Limited, ABN 11 005 357 522. ANZ’s colour blue is a trademark of ANZ.