Hit the shops on certain days to make savings

Many Aussies have been forced to take drastic action to ensure their household budgets are stretching as far as possible.

There are widespread fears that the global economy could take a sudden dip and this has heightened the need for people to be shrewd with their cash.

Frivolous credit card spending has come back to haunt a lot of Aussies and the rising cost of living has made things extremely difficult for low-earning workers.

However, the Daily Telegraph has conducted a study to show that people can make huge savings if they alter their shopping habits.

The news provider found that the price of certain items and services can vary depending on which day they are bought.

For example, groceries and white goods tend to be far cheaper on Sundays, as retailers are looking to shift their stock ahead of the new week.

House hunters will also find that they are more likely to stumble across a better deal if they search for properties on Tuesdays and Wednesdays, as this is when estate agents start to put up new listings.

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