Whether you’re doing it for a big holiday, new sneakers, or you just want a bit of extra cash up your sleeve, knowing how to save money is important. Unfortunately, it’s all too easy to spend your entire paycheck within days of receiving it. Learning how to budget properly can save you countless dollars, and it doesn’t necessarily mean having to scrimp and save every cent you earn. We’ve rounded up a few tips, tricks, and apps to help you save your money like a pro.
If you’re anything like us, your voracious appetite is responsible for eating into most of your income. While getting lunch out at work every day is probably the easiest option to quell your hunger, it’s not the best for your bank account. Preparing your meals ahead of time will not only save you heaps of cash, but there’s a good chance you’ll also end up eating healthier food too. Spend a bit of time on the weekend planning out and making a couple of meals you can eat throughout the week. The cost per meal will be well under what you’d pay at a cafe. Doing this also ensures that when you go grocery shopping, you only buy what you need. That means less food and cash wastage!
Putting your groceries on the Citi Rewards Platinum Credit Card is also a great way to save money. Every transaction conducted on the card earns reward points that you can use to pick up items across a range of electronic, clothing and sporting brands. That means being able to score something like a new computer for free, just from buying your weekly groceries!
Use An App
Technology exists to enhance our lives, so it only makes sense to use it to help us with money matters. The Citi Mobile App from Citi is one of the most helpful apps we’ve come across when it comes to budgeting. It has a plethora of features that makes it incredibly easy to track your income and spending, plus it can even get you free wine…
No one really uses cash anymore, and with the advent of pay pass, it’s easier than ever to not really think about how much money you’re spending. Simple things like the use of push notifications from the Citi Mobile App showing your transactions, plus real-time updates of credit card transactions in the app increases your awareness of where your money is going. In turn, this awareness can help you recognise where your biggest spending blind spots are.
Another small thing that can really add up and make a dent in your bank account is annoying ATM fees. To combat this, the Citi Mobile App has the nifty feature of showing you where the nearest Citi ATMs are to you, so you don’t have to pay a fee to access your own money.
Perhaps the best part of the Citi Mobile App is that it saves you money on wine. Why does it help you in this oddly specific way? Well, Citi customers receive a complimentary bottle of wine at any of the Citi Dining Program partner restaurants. There are hundreds of participating restaurants across Australia and you can use the app to search for ones near you. Restaurants range from conservatively priced eats to splurge-worthy meals so there’s something for everyone. A couple of our picks include Milano Cucina in Adelaide for when we need to satisfy our pizza cravings, as well as the iconic Bennelong in Sydney when we want to spend a bit of that money we’ve saved.
Forego The Gym
Yes, we’re telling you that you don’t need to go to the gym. Don’t stop reading there, though. There are alternatives to getting fit and staying healthy that you won’t have to pay a weekly fee for. The most obvious of these is running outside. All you need is a good pair of shoes (unless you’re game for a bit of barefoot running), and that’s it.
If you’re less a cardio kind of person or the weather just isn’t playing nice, there are countless bodyweight exercises you can do from the comfort of your own house. Lost for ideas? Get acquainted with YouTube, a great resource with endless tips and new programs to try. Alternatively, round up a group of mates for a casual game of footy or cricket on the weekend. Public ovals and parks are free to use, plus you get the bonus of hanging out with your friends regularly too. Win win!
This article was written in partnership with Citi. For more info on how you can use the Citi Mobile App to help you save your money, head to citibank.com.au.