10 Money-Saving Hacks - The Maritime Financial Group
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“Why is there so much month left at the end of the money?” John Barrymore famously asked. Maybe you’re feeling like that lately. Or maybe you just want to save more money. Who doesn’t? We’ve put together 10 money-saving hacks to help you meet your financial goals.

Use a Budgeting App

Budgeting apps help you manage monthly expenses and identify areas where you over-spend. You can download the app perfect for your needs – whether you’re trying to save as a couple or you want an app that links to your bank accounts and credit cards. Check out this list of the best budgeting apps of 2019.

Set up a Separate Savings Account 10 Money-Saving Hacks

Saving is partly psychological. If you see all that money in your account, then surely it couldn’t hurt to splurge? Instead, ask your office to split your salary between two accounts or set up a standing order to automatically transfer money to your savings account. For best results, don’t get a debit card for this account. That way you won’t be tempted to spend the money.

Set up a Retirement Fund

Saving doesn’t just mean saving for that new car or your dream home. Even if you’re a young professional, put aside a little money each month. Your future self will thank you!

Maximise Credit Card Rewards

Some credit cards offer airline miles or cashback on groceries, gas or in select stores. Once you pay off your card at the end of the month, you’ll be getting paid to spend.

Use Cash Only

Number 4 isn’t for everybody. Research suggests that people spend more when they pay with credit cards. If you just can’t resist that impulse spend, then use cash for daily expenses. If you know you’ve got $300 to spend on groceries today, you’ll be more careful putting items in your cart.

 Shop with a Grocery List 10 Money-Saving Hacks

Speaking of the grocery, do you really need all the items you’re buying? Impulse spends can really add up. Make a grocery list beforehand to manage your expenses.

Meal Prep once a Week

We know – you work a nine-to-five, you spend hours in traffic… you don’t have time to cook every day. Neither do we! But buying food all the time is expensive! Why not put aside one day to cook and then freeze food? One-pot dishes, like pelau, can make meal prepping even easier!

 Maintain your Property

Take good care of your house and car. Simple acts like checking tyre pressure, changing your oil and servicing your car on time will improve vehicle longevity and may save you from a big mechanic’s bill in the future.

Try the Cheaper Brand

Try the cheaper option for every product you use. Maybe you’ll find that the more affordable bleach works just as well as the brand name alternative. You’ll save money without sacrificing quality.

Do What You Love – Just Cut Costs 10 Money-Saving Hacks

Find a way to reduce luxury costs. Love electronics? Don’t buy that phone as soon as it’s released, the price will drop once it’s been on the market for a while. Love travel? Check out this blog for tips on the most affordable flights and other money-saving tips.

You don’t have to live off bread and cheese and spend every night at home to save. Try these ten hacks for easy ways to keep more money in your pockets.