Matthew Wills @ Readify

May 5, 2008

Operation Cheapskate: Episode Two

Filed under: Cheapskate — mjwills @ 11:40 am

Given the positive feedback I continue to receive concerning my first Operation Cheapskate entry, now is as good a time as any for Episode Two.

 

Saving money on your mobile phone bill

  • If you are using Optus Prepaid you may be interested in this trick technique to make calls for around 10c / minute.

Discounts when buying Dell PCs

  • If you are planning to buy a Dell PC, then be sure to read this post about obtaining discounts. I have seen a number of people recently follow some of the suggestions in this post and save more than $300 each (not bad for 10 minutes effort).
  • You would also be wise to sign up for Dell’s email list a month or so before you plan to buy. They often include coupon codes for obtaining discounts – and are sometimes quite generous.

Entertainment Book

  • You really owe it to yourself to check out the Entertainment Book. It includes over 400 coupons for everything from restaurants, to fast food, to cinema tickets and Zoo entry. Even if you only get out to a nice restaurant twice a year, the savings from those two outings alone will cover the cost of the book. And that is ignoring the area where my family saves the most – and that is fast food discounts (McDonalds, New Zealand Natural, Pizza Hut, Krisky Kreme – that kind of thing).
  • Of course, if you are a true Cheapskate there is an even better option – to get a friend to buy the book so you can ‘borrow’ some of them. :)

Coles

  • So you shop at Coles, huh? Well even more reason to pick up an Entertainment Book. The Entertainment Book entitles you to 5% off Coles Gift Cards. So if you spend $100 a week at Coles, you could save around $150 a year after factoring in the cost of the Entertainment Book.

Choosing superannuation

  • Note this information is of a general nature and does not take into account your financial needs blah blah blah.
  • When moving over to Readify I had to choose a new superannuation fund. One of my co-workers wisely suggested I sign up with AGEST. They are very competitive in terms of fees and returns.
  • You may also find these links to be helpful in choosing your own superannuation provider:

Buying nappies

  • OK, we can kiss my street-cred goodbye (if I had any!), but regardless… If you buy disposable nappies you will know they aren’t exactly cheap. Here is my recommendation to you – give Aldi’s nappies a try. Of the many brands I have tried they are definitely the highest quality (on par with Huggies) and yet they are priced very competitively (cheaper than Snugglers).

Save money on magazines

  • I am always surprised by how many people are unaware of one of your greatest allies in saving money – your local library. Most local libraries (particularly larger ones) will carry a range of magazines. Their range of computer related magazines is never going to match your local newsagent – but you can’t argue with the price!

April 7, 2008

Operation Cheapskate: Episode One

Filed under: Cheapskate — mjwills @ 10:41 am

Given my reputation as a cheapskate bargain hunter, I will be starting an irregular series that may help you in your money saving ways. These will be particularly appropriate to those in Australia, but may have broader applicability in some instances.

Now the cynical among you might think this is because I can’t think of anything else to blog about (actually, that is a strong possibility). But by incorporating even 1 or 2 of these ideas you might be able to save anywhere from $10 – $500 a year. And many are quite simple to do (almost all of the ideas and services I will be suggesting I have actually used and still use today).

So here goes with Operation Cheapskate: Episode One (in no particular order)…

  

Websites to find out about bargains

Saving money on your phone bill (landline or mobile)

  • If you have a home phone line and make alot of STD calls then consider Better Telecom who do flat rate STD calls for 17.5c a call. Cheaper still is Voice over IP – you can read about this more here.

Banking

  • If you are planning to get a new loan, make sure you shop around.  There are some websites that will help you get started, but note that you may be able to negotiate a better deal with the lender or a mortgage broker (for example I negotiated not having to pay Lender’s Mortgage Insurance when I got my first home loan).  I can certainly recommend my mortgage broker (disclaimer: he is my brother-in-law) – he has saved me thousands of dollars.
  • For day-to-day banking, look at the fees you are paying and see if you can get a better deal elsewhere. Credit Unions, in particular, are an excellent option. Gateway Credit Union is open for membership to the general public and is worthwhile investigating. One of the best credit unions in Australia (from my research) is the QANTAS Staff Credit Union (of which I am a member). If you (or a member of your family) meet the eligibility criteria then you will find your transaction fees massively reduced (there are no monthly fees, free cheque facilities, 12 free monthly withdrawals at certain ATMs, free online banking, free phone banking etc etc).

Choosing a Health Insurance Provider

  • ISelect is a great tool for helping you wade through the myriad of options.

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