Saving Tips

Most of us migrants are aiming to see some bucks sitting on our bank account. But, how could we do this considering that we are starting a new life and a new living being a migrant? Well, its not easy but its even harder without extra amount to pull out when the need arise. Below are some tips that might help you bring in some excess on your pocket.

1. Be wise in shopping for your food and groceries. Try to shop on wet market for your weekly food. You won't only save heaps but you would also take home fresh goodies. There are also some Asian groceries that offer cheap prices of commodities.

2. Be resourceful in finding the cheapest store for stuffs you need to buy. Compare prices on catalogues if you need to buy something brand new like computers, satnav, and some useful technologies. It often happens that different shops may have different price on the same item and its up to us to find that out. You can also buy some stuffs from Ebay which will truly save you some amount. Buy only those that you truly need at this adjustment stage in migrant's life.

3. Think of a more practical family activity or leisure. Going to some parks and having some picnics could be more practical than going to shopping centres and dining out. Australia, as I mention on my previous article, offers great parks with no fee at all. Plan your destination before hand to avoid going back and forth places to save petrol.

4. As much as possible, save money to buy your own car and pay it in cash rather than pushing through a car loan. In doing so, you are save up heaps from interest as it is not worth paying for considering the fact that cars are highly depreciable.

5. Set up a bank account separate from the one that you access daily for your expenses. If it is possible, plot your weekly expenses against earnings so you would have a clear picture if how much you can save and transfer to the other savings account.

These are some tips that we found useful and I hope that you did too. These may not be applicable on certain cases but at the end of the day, I still believe that you can still think of some other ways for as long as the will to save is within you.