Yahoo Finance 
5 ways to save money this financial year
With the advent of the new financial year this week, now is a good time to look at how to save more cash by making a few subtle changes to your spending habits.
Almost half of Australians (44%) believe they’re wasting money by having multiple providers for their phone, energy and internet services and consolidating all bills in one would save them a fortune, according to research carried out by PureProfile on behalf of telco amaysim.
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However, there are several simple other ways to save oodles of cash by using savings apps, cutting down on coffees and switching to a better mobile plan – all without ditching your avocado on toast habit.
Cut down on takeaway coffees
When the average cost of a coffee is $4 (or $5) a pop then it’s time to make a seriously tough decision. If you’re feeling up to it, cut out your daily caffeine fix altogether and watch the savings roll in.
But if you simply can’t go cold turkey, you could curb your costly caffeine addiction by investing in your own keep cup – lots of cafés offer a discount if you supply your own eco-friendly cup – you’re making a concerted effort to help the environment too. Alternatively, save money and get your caffeine hit by whipping up your own barista-style coffee using the machine at work.
Master meal prep
Take a couple hours out for yourself on your weekend to get ahead of the working week by batch cooking meals that you can freeze and defrost later. Not only will it give you more time to get things done during the week, but meal prep is super economical, and will mean you’re also less likely to feel the impulse to go out and buy junk food.
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Use smart apps like PocketBook to manage \personal expenses
Next time you feel tempted to splurge, remember that being smart with your money can mean the difference between financial security and living from pay check to pay check. Instead of trying to penny-pinch on your own, this nifty budgeting app works by tracking your monthly spending habits. You can even set up Pocketbook so that it syncs with your bank, making it easier to see your ingoings and expenses.
Consolidate utilities under one roof
Moving your household bills into the one provider is an easy way to time and money. amaysim provides home services including mobile plans, home internet, energy and tech, with no lock-in contracts.
Get data smart
Be savvy with your data and watch the savings roll in by switching to a prepaid mobile plan. Monitor your data usage and pick a plan that reflects your surfing behaviour.
“Our research shows that consumers are ready for the one company that offers multiple services for the home,” according to Julian Ogrin, CEO of amaysim,.
Research shows 56% of Australians agree that consolidating their bills into one provider would help them to manage their expenses better.
