Category: Money Matters
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Sub category: Saving
30 December 2015

Do it yourself summer savings

When everyone around you is splashing out making the most of the warm weather and time off, it’s easy to get carried away. If you’ve waited all year round to let loose over summer, but still want to start 2016 ahead of the pack, you may be interested to know there’s a few savvy ways you can enjoy the best of both world’s this silly season.

Predict sales

Picking sale periods is hardly rocket science, with most retailers following the same patterns each year. You can bet the majority of retailers will be offering sales around key calendar dates such as end of financial year, end of season, Boxing Day and back to school. To make sure you don’t miss out on a good deal, consider signing up to your favourite retailers EDM or newsletter to stay across all of their special offers and know which retailers offer price beat deals.

Set up automatic transfers

The repercussions of overspending may feel like your future-selves problem right now, but if you leave it to your bank account to do the heavy lifting and set up an automatic transfer, that guy will be thanking you well into 2016. Arranging a reoccurring amount to be deposited into a high interest savings account regularly will help you stay on track over the summer without even realising you’re doing it, allowing you to start the New Year on a high-note. Those who are less likely to save by themselves will find this extra handy, as all you have to do is set up a savings account and schedule the reoccurring payments. Easy done.

Join Facebook groups to notify you of awesome deals

There’s a group for pretty much anything on Facebook. The great thing about some of these groups though, is that they’re usually quite protective of their community and the content, so you can almost guarantee most recommendations will be top quality and you’re less likely to be spammed with unwanted content. They’re usually run by local community members and cover everything from golf pages offering weekly deals to fashion and beauty communities offering best buys to their members. Community groups such as Sydney Inner West – Buy Swap Sell, Northshore buy and sell and Eastern suburbs swap, buy and sell can also be a great way of meeting new people in your local area – as well as snag a good deal!

Capture deals

Gone are the days of clipping coupons from the newspaper, with tonnes of ways to catch a bargain without the labour. Get creative when looking for deals and check your insurance providersFlybuys and Woolworths Rewards cards for customer loyalty offers – there’s often cheap movie tickets, grocery discounts and points up for grabs. Reservation apps also offer customers great deals, with many working off a points and reward system. Another one to check out is the terms and conditions of your favourite food app, as you could be eligible for a voucher.

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