Who's got the savviest money-saving tip?

You came up with some fantastic tips on how to save money.
So many, in fact, that we couldn't possibly pick just three.

Instead, YOU got to pick the winners!

Check out the winners

  • Score Icon

    Who's the savviest?

    As part of our Money Savvy Challenge, we asked you to give us your best money-saving tip – and you certainly delivered! We received hundreds of responses and narrowed it down to the top 15.

    Then you got to pick the winners! Your three favourites won $500 each!

  • Tips Icon

    Share your saving secrets

    Got a savvy suggestion you think trumps these? Then tell us!
    Share your own tips

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    Take the quiz

    • Step 1 Go to the Money Savvy Challenge.
    • Step 2 Take the quiz.
    • Step 3 Brag about your score to your friends.
  • These are the savviest tips, as voted by YOU

    Credit card interest is a lot higher than savings account interest. Pay off your card as a priority.
    Daniel K.

    I use ING payWave for their 5% rebate when buying anything (even coffee) saving about $300/ 6 months.
    Annie L.

    Use a rewards credit card with $0 or low annual fee and pay the balance in full every month.
    Natalie P.

    Read some of the other savvy tips submitted

    We received thousands of tips from you guys about everything from saving on credit card interest to how to shop smarter and avoid paying too much on groceries, as well as everything in between. We've picked out a few of the tips for you to have a look at below. They're also littered throughout the website in breakout boxes to help you save money on everything.

    Pack a lunch for work each day.

    Want something? Wait 3 days. See if you can get it cheaper or maybe you change your mind anyway!
    Becky D.

    Log all spending transactions over a 6 month period, establish average monthly expenses and follow a budget.
    Sheldon J.

    Buy only what you need not what you want.
    John H.


    Compare prices.
    Leanne M.


    The best way to save money is to invest.
    Tien T.

    Have a budget to minimise impulse spending.
    Brian B.

    Self control, budgeting and bargain hunting.
    Phil S.

    I use ING paywave for their cashback rebate when buying anything (even coffee) saving about $300/ 6 months.
    Annie L.

    Keep funds in offset as long as you can - put groceries on credit, and pay the balance on the due date.
    Judith D.

    Cut back on convenience foods like fast foods and instant meals and make extra at home to take to work.
    Ritchie C.

    Use reward credit cards to pay for expenses and always pay off the account balance!
    Mabel C.


    Do your research, don't be afraid to ask questions and always ask for the best deal.
    Amanda J.


    I live by a 10 seconds rule. If I want an item I haven't planned to buy, I take 10 seconds to think about it.
    Cara T.

    Yearly, I review all my accounts and also try and look for better deals in credit cards insurance, etc.
    Jessie K.

    Switch energy and gas companies for a better deal

    Balance transfer credit cards at 0% for 12-14 months.
    Nick M.

    Pay your mortgage weekly, you pay much less interest.
    Caitlyn A.

    Spend less than you earn; invest the difference.
    Boris B.

    Compare around online and only buy the essentials.
    Collin G.

    Save 5% of your income at least.
    Naveed K.

    Invest early in life to take advantage of the power of compound interest. Avoid debts.
    Michael H.

    Don't spend money on junk! Why buy new when theres places like eBay and Gumtree.
    John D.

    Pay off your highest interest debt first and roll remaining debt into a low interest loan.
    Jordan S.

    Be consistent in saving money regularly, and always have an affinity to learning in terms of managing money effectively.
    Winnie D.


    Seperate your expenses into categories - work out basic neccessities such as food and bills. Plan a budget and stick to it. Buy food or household items in bulk or during sales specials, try to avoid paying full price. Substitute brand names for generic with basic items.
    Katie T.


    Goal saving! Every time I go to the gym I add $2 to my piggy bank :) Then when it's full I have spending money for shopping.
    Sarah B.

    When you are paid, put $20.00 in a savings account with little to no account fees first and don't touch until needed.
    John P.

    Loose change in a jar

    With each fortnightly pay I send money off to all essential bills, they don't creep up on me and I know what is left.
    Stephen M.

    Diversity of investments e.g. savings, housing, shares and do your research.
    Shaun P.

    Have a separate saver account and directly put 10% of your wages to save.
    Danielle T.

    Take an interest if you want to earn interest!
    Claire C.

    Budgeting is the most important thing. Always ask yourself ... Do you need it?
    Christine C.

    On Wednesdays, switch Facebook for catalog trawling. Write items in notes, be inspired for setting meals.
    Clinton M.

    With my mortgage I have a fee free savings account. No transaction charges at all or monthly fee.
    Sharyn B.

    Leave your money in a savings account and use a credit card with an interest free period instead.
    Michael T.

    Buy a travel Bodum travel coffee plunger for work. You will save $3+ per day on takeaway coffees.
    Alexandra M.


    Use an offset account and a credit card. Pay bills with 55 day interest free card and pay balance on the due date. Use interest free for major purchases and keep funds in the offset account. Avoid paying as much interest as possible. Earn no interest but reduce mortgage interest.
    Christine C.


    Break your income down in the following manner: 60% expenditures (live within your means), 20% savings and 20% reinvestment.
    Lauren C.

    Borrow for adding value to an existing investment property in pursuit of a higher income, eg. convert a laundry into a bathroom.
    Graham S.

    Open up a HISA account to save for big spends such as a holiday or car purchase
    Mark P.

    Sell your dryer and use a clothes rack in front of the heater – I saved thousands.
    Jason B.

    Pay you credit card outstanding balance before the due date to avoid interest charges.
    Leni R.

    Its not how much you earn, it's how you spend it.
    Sonni B.

    Save in a sneaker

    Ensure you make lunches or take leftovers and don't buy coffee out.
    Camden S.

    Compare credit card offers and transfer balances to interest free credit cards.
    Bev G.

    Think before you buy - if you don't need, like or want it then don't buy it.
    Jo C.

    Have three different accounts. Divide your salary into: spending, bills and savings.
    Melissa S.

    Buy reduced skim milk. You can freeze it in ice cube trays for a prefect, healthy milkshake.
    Mel O.

    Never buy on impulse. ALWAYS research more, theres bound to be a better deal out there.
    Gareth B.

    Open a saving account and deposit $50 a week.
    Nicholas L.

    Pay more than the minimum on monthly credit card bill, preferably total amount owing.
    Keith D.

    Keep track of your spending and reduce any unnecessary spending in the future.
    Genie L.

    Live within your means! Dont spend big when you cant afford the repayments!
    Michelle S.

    Do a monthly / weekly budget and ensure you know where your money is going.
    Steve R.

    Never spend $5 notes

    Put as much as possible into an Industry Superannuation Fund.
    Ross M.


    Shop around online or using catalogues before making any purchases, especially big ticket ones!
    Jenny S.

    I refinanced my home loan to save over $5000 per year and swapped insurances to save over $2000 per year.
    Kathleen C.

    Take time to learn what you want to buy and shop around globally before type in your card number.
    Lei W.

    Consolidate all your mortgages and get an offset account.
    Gus O.

    Price match everything!
    Rebecca M.

    Pay your mortgage weekly to reduce the interest payable.
    Sandra P.

    The best way to save money is to use a credit card with rewards.
    Muhammad K.


    To help combat monthly salary and initial credit card debt transfer $10 per day from a fee free account to credit card. We didn't notice the $10 from our daily budget, but by the end of the month we had paid approximately $300 per month on top of min repayment on card. Once credit card debt was paid off, we can now transfer $10 per day into a high interest eSaver type account. This means we can now save twice the amount per month once added to the existing monthly savings that we budget for. We found this was a great way to reduce credit card debt, and save a nest egg, whilst not feeling it much from our monthly pay packet!
    Susan G.


    lift up the petrol pump

    Visit the supermarket mid morning/late night to pick up discounted perishables (meat, dairy, breads)
    Brendan C.

    Set a budget for all known expenses, have an emergency fund and leave $50 per week foe all those little things that pop up.
    Andrea E.

    Look through catalogues and buy in bulk when cheap.
    Tanya L.

    Always take a list and don't grocery shop when hungry.
    Leonie B.

    Pay your bills first. Don't buy things you won't use.
    Becky D.

    Pay your credit card balance in full each month
    Irene P.

    Keeping track of my money on my phone and having a budget.
    Jessica C.

    Put it in an account where you can not with draw or access.
    Larissa L.

    Invite friends over instead of going out!

    Buy fuel on the cheapest cycle day can save 14 cents a litre.
    Chris M.

    Competition terms and conditions

    1. Information on how to enter and prizes form part of these Terms and Conditions. Participation in this promotion is deemed acceptance of these Terms and Conditions.

    2. Entry is only open to Australian residents aged 18 years or over. Employees (and their immediate families) of the Promoter and agencies associated with this promotion are ineligible to enter.

    3. The Promoter reserves the right, at any time, to verify the validity of entries and entrants (including an entrant’s identity, age and place of residence) and to disqualify any entrant who submits an entry that is not in accordance with these Terms and Conditions or who tampers with the entry process. Errors and omissions will be accepted at the Promoter’s discretion. Failure by the Promoter to enforce any of its rights at any stage does not constitute a waiver of those rights.

    4. Incomplete or indecipherable entries will be deemed invalid.

    5. Only one (1) entry permitted per person. In the event of multiple entries, only the first will be valid.

    6. Promotion commences on 15/07/2014. Entries close 11:59pm AEST on 30/08/2014, unless extended by the Promoter. The Promoter reserves the right to close the competition earlier without warning. Winner will be notified by email. The winner must respond to the notification email within 24 hours of the date in which the email was sent in order to claim their prize. This is a game of skill and chance plays no part in determining the winner. Each entry will be individually judged based on literary and creative merit of the answer provided to the questions. The Promoter’s decision is final and no correspondence will be entered into.

    7. The best THREE(3) entries, as determined by the amount of valid votes, will win ONE(1) $500 prize each. Total prize value is $1,500. Competition winners will need to provide the BSB and account numbers of their nominated account where the prize money will me transferred into, or they can nominate to receive a cheque.

    8. If this promotion is interfered with in any way or is not capable of being conducted as reasonably anticipated due to any reason beyond the reasonable control of the Promoter, the Promoter reserves the right, in its sole discretion, to the fullest extent permitted by law (a) to disqualify any entrant; or (b) to modify, suspend, terminate or cancel the promotion, as appropriate.

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    11. The Promoter collects personal information in order to conduct the Promotion and may, for this purpose, disclose such information to third parties, including but not limited to agents, contractors, service providers, and prize suppliers. Entry is conditional on providing this information. The Promoter may, for an indefinite period, unless otherwise advised, use the information for promotional, marketing, publicity, research and profiling purposes, including sending electronic messages or telephoning the entrant. Entrants should direct any request to access, update or correct information to the Promoter. All entries become the property of the Promoter.

    12. The Promoter is finder.com.au® Pty Ltd (ABN 18 118 785 121) of Level 10, Suite 45, 99 York Street, Sydney, NSW 2000.

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    3 Responses to The Savviest Money Saving Tips

    1. Default Gravatar
      Sophie | August 9, 2016

      Looking for a bank with a low interest rate on a personal loan.please advise

      • Staff
        Anndy | August 9, 2016

        Hi Sophie,

        Thanks for your question.
        Please refer to this page to compare low-interest rate personal loans.

        Cheers,
        Anndy

    2. Default Gravatar
      Jess | November 3, 2014

      Buy everything in bulk
      &
      Don’t forget to dilute everything from shampoo to moisturiser.

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