24 August 2010

Meet the Bargain Bunch

I've been called lots of things since I began Cheapskating, but I have never been called Queen of Cheap. Until tonight that is. Tonight I became a member of the Bargain Bunch, along with five other Australian Bargain Queens: Fiona Lippey, Pamm Durkin, Anita Bell, Cynthia Mayne and Michelle House.

I had a lot of fun yesterday with the crew from A Current Affair. They are the most patient people, never rushing me and never, ever complaining (within hearing distance anyway) about how many times I muddle and mix my words or talk to quickly or forget what I was going to say (it's happening already!).

So, with all the fun and frivolity, I just knew the story would be a good one and it was fantastic.  Five other fabulous Australian women and myself all had the opportunity to share our ideas for living the Cheapskates way.

If you didn't get to see the story, you can watch the video here: http://aca.ninemsn.com.au/article.aspx?id=7950206

My top five ways to save money are:

1.Look high, look low. Skip the middle of the shelves - eye level. That's where you'll find the most popular and expensive branded products.

2.Stick to cash. Go to the bank or ATM once a week, withdraw all the cash you need for the coming week and put it in your purse or wallet.

3.Don't be afraid to haggle. You wouldn't pay sticker price for a car or asking price for a house. It's just a question "is this your best price?". You can haggle for just about anything including white goods, furniture and jewellery.

4.Stick to your budget. That means sticking to the allocated amounts for each category. If your weekly petrol budget is $60 and you put $65 worth of petrol in your car, that category is $5 in the red and you need to find the deficit somewhere else in your budget.  Be aware of how much is allocated to each category as well as your budget total and you'll find it much easier to stick to the allocated amounts.

5.Be organized. Know what you need to spend your money on and only spend it on those things.

Saving money is easy. You just need to do it.

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