funky gadgets & finance

5 Ways to Save Money

Jul 23 2007

If you are running on a tight budget and need to put aside a few dollars for a holiday or an investment here are 5 tips you can use:

1. Walk
Petrol prices are soaring these days. To save $20 per week walk to the shops, school, for exercise, etc.

2. Ride to work
More and more professionals are riding to work. This is cheaper than petrol and keeps you fit at the same time. Many finance experts are now saying that riding to work will also save you on health related bills in the future.

3. Switch off at the power point
Switching appliances off at the power point can save you up to 30% on your electricity bill. Many people think when the appliance is off there is no power going into it - wrong.

4. Shop at the market
Go to the central market and do a weekly shop instead of spending money at the local gorcers. Save you a bundle. Food is very expensive now a days.

5. Direct debit
Direct debit money into a high interest savings account so that it comes out automatically each week. Pretend it isn’t there until the date you set down the track.

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