6 unbeatable tips to save money

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Saving money, it’s something we all struggle with, so we put together our top tips to save money and have more to spend on the things you love!

1. Consolidate your superannuation funds

Superannuation is important for all of us. Did you know you could save yourself hundreds of dollars every year by consolidating all your super funds into one? Having multiple funds can mean you’re paying hundreds of dollars extra in administration and insurance fees, so get organised today and pool all your super funds together.

2. Quotes, quotes, quotes

A great way to save money is to get multiple quotes and don’t be afraid to ask for a better price! It’s important to do this for every expense because saving $10 a month on 3 different bills will save you over $350 a year, much better in your pocket than someone elses.

 

3. Check your subscriptions regularly

Check your subscriptions regularly. Question whether you need and are using all the features of your subscriptions and whether you could drop to a lower level to save yourself $$$. This tip has saved me literally $100’s of dollars every year in my business and personal budget, I hope it helps yours too.

4. Check your insurance premiums annually

Don’t forget to check ALL your insurance premiums regularly and inclusions such as coverage limits. A good broker can also save you money and every single dollar counts.

5. Check your bills monthly

Check your bills monthly, you will notice any odd charges sooner and save yourself lots in the long run.

6. Budget

Budgeting- it’s not most people’s favourite topic but it is a great way to understand your spending and get on top of your bills. Having a budget can help you to get in control of your finances and to achieve your goals.

Unbeatable-money-saving-tips

Need a hand understanding your finances, creating a budget or implementing these changes? Distinct Business Solutions can help, contact us today (02) 4210 8780

Or ask a question using our contact form

Any advice in this blog is general in nature and is intended for information purposes only. For personalised advice please contact your accountant.

2019-04-04T08:57:57+00:00