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10 simple ways to save money

Looking to save more money this year? Here are some classic, old-fashioned hacks to prevent pocket burn and help you keep more of your income.
The last few months have seen petrol prices rise, the housing market boom, and food and grocery bills increase substantially. Even a simple coffee is now more than $5 at many Melbourne cafes.
It’s little wonder then that many of us are looking for ways to trim outgoing costs, stick within budget, and even put extra money away into savings accounts.
Whether you live a frugal life and monitor all outgoing costs already, or you’re more of a spender than a saver and enjoy shopping, there are plenty of ways to save money that don’t take a lot of effort.
Easy ways to save money

Eating at home more instead of going out can deliver big savings each month. Image: Getty

Dryers are one of the biggest energy suckers in your home. Try a clothes horse instead. Image: Getty

There are plenty of other ways to stay warm that don't involve cranking the heater, which is a huge contributor to household bills. Image: Getty