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Renting a property can burn a hole in your pocket, and let's face it, every dollar counts. One of the biggest expenses that you’ll come up against is your grocery and everyday purchases.

How to save money on groceries and everyday purchases

Renting a property can burn a hole in your pocket. So, finding ways to save money on your daily needs and frequent expenses can really add up.
3 minute read
Renting a property can burn a hole in your pocket, and let's face it, every dollar counts. One of the biggest expenses that you’ll come up against is your grocery and everyday purchases.

Smart shopping is the budget-friendly way to go—whether renting or owning—to save money on your regular shopping trips.

We have some tips and tricks to help you become a more savvy spender. Avoid parting with those hard-earned dollars without compromising on quality or quantity. Let's dive in!

Make a list and stick to it

Want to save some cash? Listen up. Snacks and sweets can be tempting, but they should only come home with you if they're on the list. Making a list and sticking to it is a simple way to reduce impulse buying. Planning your meals and writing out what you need will save money in the long run. When in doubt, trust the list.

Shop around for the best deals

Don't be a one-stop shopper and assume you're getting the best deal. It's time to channel your inner bargain hunter. Different stores can offer varying prices for the same items, so it's worth taking the time to do your research. Look up prices online, in shopping apps and store catalogues to compare pricing. And hey, if a store has a loyalty program and it's free, sign up! You could be missing out on some sweet discounts or freebies.

Top tip: Did you know that RentPay users can sign up to our shopping rewards partner, Paylab, for free? Start saving on purchases at 140+ retailers across Australia! Plus, your savings can be linked to your RentPay wallet and be used towards a future rent payment.

Buy in bulk

Buying in bulk can be a total game-changer to save money on groceries. Load up on non-perishable items like pasta, canned goods and more. Plus, it's not just limited to food items—stock up on items like cleaning supplies, toiletries and other household items. Make sure you have enough space to store it all, or you might end up with more clutter than you bargained for.

Don't shop on an empty stomach

Shopping when your stomach is growling can be a recipe for disaster. Your eyes will be bigger than your wallet, and you'll end up with more than you'd planned. Instead, fuel up before hitting the aisles. You'll be less likely to splurge on those tempting (but unnecessary) purchases. And if you're feeling hungry or stressed, make a list and stick to it or leave the shopping cart for now.

Consider generic or store-brand products

Why pay extra for fancy labels when you can get the same quality for less? Generic or store-brand products are a great way to save money on your grocery bill without skimping on quality. Don't trust it'll be the same as your go-to brand? Give it a try, you might actually find there's little to no difference, or it might be even be better than your usual pick!

Use coupons and discount codes

Coupons and discount codes are a savvy shopper's best friend to save money on groceries and everyday purchases. Whether you're flipping through the newspaper or scouring the web, you're bound to find discounts aplenty. And remember to check if your favourite stores offer exclusive codes for online purchases or in-store deals.

Don't be afraid to negotiate

Haggling may not be a widespread custom in Australia, but negotiating can be smart when making significant purchases. Ask the salesperson if they can sweeten the deal for that shiny new appliance or coveted furniture. Or better yet, try your luck at your local farmers' market. Don't be shy—you could be leaving money on the table if you don't at least try!

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