Category: Money Matters
Chapter Select
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 SellNorthshore 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.

The information is current as at publication. Any advice on this website does not take into account your objectives, financial situation or needs and you should consider whether it is appropriate for you. Deposit products, savings products, credit card and home loan products are issued by ING, a business name of ING Bank (Australia) Limited ABN 24 000 893 292, AFSL and Australian Credit Licence 229823. ING Living Super (which is part of the ING Superannuation Fund ABN 13 355 603 448) is issued by Diversa Trustees Limited ABN 49 006 421 638, AFSL 235153 RSE L0000635. The insurance cover offered by ING Living Super is provided by Metlife Insurance Limited ABN 75 004 274 882, AFSL 238096. ING Home and Contents Insurance is issued by Auto & General Insurance Company Limited (AGIC) ABN 42 111 586 353 AFSL Licence No 285571 as insurer. It is distributed by Auto & General Services Pty Ltd (AGS) ABN 61 003 617 909 AFSL 241411 and by ING as an Authorised Representative AR 1247634 of AGS. All applications for credit are subject to ING's credit approval criteria, and fees and charges apply. You should consider the relevant Product Disclosure Statement, Terms and Conditions, Fees and Limits Schedule, Financial Services Guide, Key Facts Sheet and Credit Guide available at ing.com.au when deciding whether to acquire, or to continue to hold, a product. Before interacting with us via our social media platforms, please take a minute to familiarise yourself with our Social Media User Terms https://www.ing.com.au/pdf/Social_Media_User_Terms.pdf.

Related articles

Money Matters
Loading...
Share
Loading...
XS
SM
MD
LG