Top tips for cutting back on expenses

The carbon tax has had a serious effect on electricity and gas prices nationwide, forcing many families to cut back on luxuries in order to ensure they have a nest egg put aside in case the going gets tough.

However many households do not realise that there are ways in which they can save money around the house, simply by changing a few basic habits.

The place where most impulse buying is the supermarket, so making a shopping list and sticking to it is a good way of cutting down on weekly costs. You'll also want to make sure you are not going shopping on an empty stomach as this can often lead to hasty decisions that you will regret later.

Another way to save money is by ensuring your car is running at maximum efficiency. Checking your tyre pressure, ensuring that oil is topped up and changed regularly, and taking out any extra unnecessary weight can be good ways of saving on petrol and preventing more expensive issues in the future.

If you are still worried about your utility bills, then you might consider a price comparison check to ensure that you are getting the most out of your gas supplier.

Finally, if you have any extra stuff lying around that you think you could do without, why not try selling it on eBay? One man's junk is another man's treasure, and you might just find there is someone out there willing to pay top dollar for the things you don't need.

Posted by Callum Fleming