Five tips to save money this Festive Season
Updated | By Breakfast with Martin Bester
The Breakfast with Martin Bester team's 'Coupon Queen' Talia du Toit shared her top five tips to find the best deals and save money!
Martin Bester dubbed Talia du Toit as the official 'Coupon Queen' after the Breakfast team searched for the biggest bargain hunters.
Du Toit shared her extreme spreadsheet which sets out all the different deals from some of the major online and physical retailers.
Extreme shoppers: Here's how SA's biggest bargain hunters shop
The official Coupon Queen also shared some of her tips and tricks with the Breakfast with Martin Bester team and their listeners:
1. Look out for specials
Put on your detective hat and investigate store leaflets, Facebook pages, and online stores for their specials. Make a list, and note down the special prices of those items.
2. Go to one mall that has most of the stores you need
Save on fuel by going to a mall or value mart that has most, if not all, of the stores on your list. If possible, plan your trip intelligently to ensure that you're not driving up and down constantly.
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3. Buy in bulk
If there is a really good deal on non-perishable items such as cleaning materials, toiletries, tinned food etc, and your budget can afford to do so - buy them in bulk.
4. Budget, budget, budget
Plan out your monthly finances and try to ensure there is a bit of money left over. With the inflation rates the way it is, you can deposit the amount into an interest-bearing account. Alternatively, split the amount by the number of weeks remaining for a "weekly bread and milk" budget, and stick to it. Once the money for the week has run out, make do until the week ticks over.
READ: Here's how people are making extra money this holiday
5. Pay more on your debt
If you have loans or accounts, try to pay a little bit more than the monthly instalment. The monthly instalment is riddled with interest and fees, and even though you religiously pay the instalment every month, your capital amount doesn't reduce by very much. By paying a little more than the monthly instalment, the excess goes directly towards your capital amount.
Listen here for more ways to save this holiday season:
Tune in to the 'Breakfast with Martin Bester', weekdays from 06:00 - 09:00. Stream the show live here or download our mobile app here.
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