Living Well on Less

It’s hard to escape the news headlines these days about inflation, the rising cost of living and soaring food and fuel costs. Living well on less has never been more of a challenge.

While some people have done well in recent years with the property boom,  many others are experiencing financial difficulty which has been made worse by the economic chaos of COVID-19.

Being able to live well on a budget has always been a challenge, no more so than after the impact of natural disasters, the pandemic and lockdowns.

The good thing is – it can be done.

Needs vs. Wants

Work out the difference between your ‘needs’ and ‘wants. Needs are the basic necessities of living -shelter, food, clothing, transportation and medical care. Wants are things such as entertainment, holidays, hobbies and electronics.

It’s OK to spend money on ‘wants’ – just not all of your disposable income.

De-clutter and Clean Up

This has the dual benefits of clearing your mind and giving you an accurate overview of your possessions. You may realise you have a lot more than you think.

De-cluttering helps avoid unnecessary spending on buying or replacing items you already have.

How to Buy Happiness

‘Money can’t buy happiness’ is a popular saying.

It can however pay for the things that contribute to feelings of security, comfort and safety.

These include:

  • Adequate insurance -home and contents, health, vehicle, life -whatever is relevant to your situation.
  • Savings to cover emergencies and unexpected events such as a job loss or an extended illness
  • A healthy lifestyle to minimise serious health problems – good quality food, access to fresh air and exercise, and a safe place to sleep.
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Once these things are covered, some of your money can go towards what we consider ‘wants’ rather than needs, in order to bring enjoyment, fun and value to life.

Save Money on Food and Bills

Does it feel like the essentials of life are eating up all of your money? There are some simple ways to save money on day-to-day expenses.

How to Save on Utility Bills

  • Use energy-efficient lightbulbs
  • Unplug appliances when you’re not using them
  • Consider using fans for cooling – they use much less energy than air-conditioners
  • Have shorter showers and consider using a dishwasher rather than hand-washing dishes
  • Use the energy/eco modes on your appliances and replace inefficient appliances with energy efficient models

 

Frugal Food Tips

The weekly grocery shop is one of a household’s biggest expenses and supermarkets employ sophisticated marketing tactics to entice you to spend as much as possible.

Here are some ways to get the most from your weekly food budget and minimise waste:

Plan your Meals

Put together a meal schedule for the coming week and work out what ingredients you will need. Use this plan to make a list of what you will need. This cuts down on impulse buying and wastage.

Buy What is In Season

Fruit and vegetables in season are fresher, tastier and cheaper – say no more!

Use What You Have Before You Buy More

Keep an eye on use-by dates and take note of what you have in your fridge. Using up leftovers requires creativity and flexibility – the pay-off is lower food bills, less wastage and recipes that may become family favourites.

Eat Less Meat

Cutting back on meat means more money in your wallet and a range of potential health benefits. Buying cheaper cuts of meat and using meat more sparingly are also good ways to save money.  

Asian dishes are the winners when it comes to making meat go further. Consider using cheaper sources of protein as the focus of your meals such as eggs, beans, tofu and canned fish.

Become a Gardener

Planting a few herbs , a tomato vine or some spring vegetables will save you money and give you the satisfaction of enjoying food you have grown yourself.

Buy in Bulk If the Price is Right

This works best for non-perishable items. Consider pooling resources with friends, family or neighbours for even more savings. Knowing your prices is important – and only buy items you know you will use within a certain timeframe.

Loyalty Schemes

This tip works well if you are already a regular customer of the company. The benefits of loyal schemes can differ between companies and some require a small membership fee to join.

Another way to make your food dollar go further is to accrue supermarket loyalty scheme points.  These can add up quickly if you have a big food shop, and can be converted to ‘cash’ to use in-store.

The Best Things in Life are Free

The Best Things in Life Are Free

This depends on what you consider the best things in life to be!

It’s certainly true that the price of something is not always an indication of its value.

Some of the things that make life worthwhile but don’t break the bank:

  • Enjoying nature
  • Spending time with family and friends
  • Cooking, reading, watching movies, playing board games
  • Studying, self-improvement, yoga and meditation
  • Going for a walk and taking your pets with you
  • Exploring your neighbourhood, town or city
  • Having a picnic on a summer’s day
  • Walking along the beach or in a park on a sunny day

 

If you or your loved ones are downsizing, decluttering, moving or relocating, Blue Lighthouse Relocations can help.

We are a professional, established provider of moving and relocation services throughout Brisbane, the Sunshine Coast and the Gold Coast.

We offer a range of services across Brisbane, the Sunshine Coast, the Gold Coast and Toowoomba:

 

Our initial consultation to determine your needs is at no cost or obligation to you.

Get in touch today – we look forward to helping you.

Call us on 1300 158 432.

Email our friendly relocations team on info@bluelighthouse.com.au

Send us a free quote request.