Get clued up to save big bucks

The trick to making savings grow is to make sure that you’ve done your research before diving into a lengthy contract or making a big purchase, the Advertiser has advised.

The paper has pointed out that for every $100 saved, people could find that they can shave a bit of time off the length of their home loan repayments, enjoy the odd treat or simply stow it away to provide greater financial security for the future.

And according to Choice, Aussies shouldn’t be afraid to flex their consumer muscles when negotiating contracts on things like car insurance or phone packages.

“For example, for light users, you can get an internet discount of $10 to $20 a month by bundling your fixed-line, mobile and internet services with AAPT,” Choice points out.

Other top tips for those wanting to limit their outgoings include getting involved in a house swap scheme to bring down holiday costs.

Nine MSN reports that this may prove a particularly wise move at the minute as the Aussie dollar is putting in a decidedly shaky performance on the currency markets.ADNFCR-1761-ID-18945109-ADNFCR