Think it's only a few bucks here and there? Think again.
Those tiny sums can turn into serious savings. Whether it's for your next trip, a home deposit or just a rainy day fund, every bit adds up.
We all know how quickly money can disappear. But the good news? With a few tweaks to your habits, your savings can grow just as quickly.
It’s time to make those spare dollars work harder for your goals.
Saving money just got a high-tech twist.
Picture this: you tap your card for a $3.70 coffee, and that extra 30 cents is whisked into your savings account. Easy.
Most banks let you round up your purchases automatically!
Whether it’s a few cents or a few dollars each time, you’re building savings in the background without even noticing.
Even better, some round-up programs let you contribute more on certain days or after specific purchases, like groceries or fuel.
That way, your savings habits stay flexible and tailored to your lifestyle.
Top tip: RentPay’s buffer is perfect for setting aside extra cash. Think of it as emergency funds ready to cover unexpected costs.
You might be spending more than you realise.
Little charges add up fast: unused app subscriptions, random streaming services and forgotten memberships.
Even a casual $5 here and $10 there can become hundreds over the year. Cancel what you don’t use and redirect that money straight to your savings.
Apps like Frollo can help you track your spending.
Once you see where your money is going, you'll feel more in control and ready to prioritise savings. It’s like giving yourself a raise without changing your job.
Buying lunch every day? That sneaky spending adds up. By the end of the week, you’ve shelled out way more than you thought.
Instead, cook a few meals on Sunday and be set for the week. It’s healthier, cheaper and way less stressful. Plus, your savings will thank you.
And no, you don’t need to be a MasterChef.
Start with easy, freezable recipes like pastas, stir-fries or one-pan bakes. A little effort once a week can lead to big weekly savings.
This isn’t just about budgeting...
It’s about making smart choices with your time and money.
Are you overpaying on bills and groceries? You might be and not even know it.
Thanks to RentPay’s Paylab rewards, you can access exclusive deals and cashback offers at over 140 Aussie retailers.
That’s up to 15% off just for shopping smart.
Also, consider switching providers or negotiating your rates. A single hour spent on this could lead to years of ongoing savings.
Comparison sites like Finder or Canstar can do the heavy lifting for you.
Even things like cutting back on electricity use or swapping brands at the supermarket can lead to noticeable savings over time.
Top tip: If big bills are stressing you out, try RentPay’s bill smoothing feature. It helps manage your cashflow and build savings at the same time.
Sharing a place with others isn’t just good for splitting the rent. It can also help you grow your savings without much effort.
Start by buying things like toilet paper, cleaning stuff, and pantry basics together. Buying in bulk is cheaper, and you won’t run out as often.
You can also share the cost of streaming services (if allowed) or take turns cooking dinner a few nights a week.
It saves money, reduces food waste and makes life a bit easier.
A little teamwork can go a long way. When everyone pitches in, your savings will grow and you’ll avoid those awkward “who owes what” chats.
You might also like:
> RentPay joins forces with Paylab!
> Build a savings nest egg with RentPay buffer
> Money-saving meal planning and cooking
