cinemas

Tips For Affordable Recreation

Valuable tips for cheap, affordable recreation.

Many people these days feel as though they get very little spare time to chill out and enjoy themselves. When we do get spare time we like to enjoy recreational activities that fit in with our tastes and preferences but which also fit in with our budgets. Money is something that

has a big impact on the type of recreational activities that we get to enjoy but these days there is plenty to keep you busy and entertained that does not cost a fortune.

Affordable recreation is something that many people want to be able to enjoy, whether this is something that they do alone or with their friends or family members. Of course, the type of recreational activities that you get involved in will depend on your preferences, abilities and circumstances. For example, if you are young and single your recreational activities and preferences are likely to differ from someone who is older and married with kids or from someone who has retired.

No matter, what sorts of activities you enjoy when recreating, there are ways to enjoy a varied range of activities and entertainment to suit your needs without having to pay a fortune. In fact, you can enjoy many great recreational activities that will suit your needs either very cheaply or in some cases free of charge.

Some examples of saving money on recreational pastimes and activities

We all have different tastes and preferences regarding recreational activities and pastimes. However, no matter what sorts of activities you enjoy, putting a little thought into it will help you to find ways of saving money without having to reduce your enjoyment. Some examples of saving money on your favourite pastimes can be found below:

  • Movies: For some people, going to the movies is a favourite pastime. However, doing this on a regular basis can prove costly. As an alternative, you can arrange movie nights either with your family or your friends. You can all club together to get some DVDs, snacks and drinks in and then you can settle down to watch some of your favourite movies without the need for each of you to pay for a ticket to get entry to a movie
  • Going out for meals: Going out to eat can be a wonderful way to relax but doing it too often can be very costly. If you enjoy going out with friends for meals, try cooking for one another and opting for dinner parties hosted by a different person in the group each week or month. This can work out far cheaper and can turn out to be more fun, as you are less restricted than you would be in a crowded restaurant
  • Outdoor activities: If you enjoy outdoor recreational activities with your friends, your family, or even on your own, there are plenty of ways to enjoy the great outdoors free of charge. You can enjoy anything from a bike ride in the countryside to walks, hiking or even a picnic in the summer – all at little to no cost
  • Exercising: Many people enjoy exercising in their spare time, which for some people means heading off to the gym, which usually means costly membership fees. If you want to stay healthy, get fit, enjoy exercising but also want to save money, you can opt for alternatives such as heading to different local areas such as parks to enjoy walking, cycling, running, or even exercising at home using DVDs or fitness games that come with the various games consoles
  • Travelling: Travelling is a hugely popular recreational pastime for people of all ages but it is not viable to keep travelling to places abroad if you are on a budget. Instead of paying for costly flights and accommodation when you want to get away for a few days, consider affordable alternatives such as going camping for a few days or heading to a destination in your own country rather than paying for flights to go abroad – there are probably plenty of places that you have yet to discover within your own country!

If course, the above is just a handful of the types of recreational activities that people enjoy at different stages of their lives or throughout their lives. We all want to make the most of our spare time but also have to mindful about the cost of the activities and pastimes that we enjoy. Using a little imagination and looking at alternatives can make a big difference to the amount that you will spend on the types of recreation that you enjoy. You can even use the internet to get great deals on days out and great ideas on recreational activities to enjoy in your local area so you won't have to travel far or spend a lot of money to make the most of your time.

Compare accounts below

Rates accurate as at: September 20th, 2017 Learn about our information service
$
$
months
Maximum Variable Rate p.a. Standard Variable Rate p.a. Bonus Interest p.a. Fees Min Bal / Min Deposit Interest Earned
Bankwest Hero Saver
Ongoing, variable 2.60% p.a. rate when you deposit at least $200 each month and make no withdrawals. Available on balances up to $250,000.
2.60% 0.01% 2.59% $0 $0 / $0 Go to site More
ME Online Savings Account
Ongoing, variable 2.95% p.a. rate when you link to a ME Everyday Transaction account and make a weekly purchase with your Debit Mastercard using tap & go. Available on balances up to $250,000.
2.95% 1.30% 1.65% $0 $0 / $0 Go to site More
HSBC Serious Saver
Introductory rate of 3.00% p.a. for 4 months, reverting to a rate of 1.60% p.a. Available on balances below $1,000,000.
3.00% 1.60% 1.40% $0 $0 / $0 Go to site More
Westpac Reward Saver
Ongoing, variable 1.50% p.a. when you deposit at least $50 and make no withdrawals each month. Available on the entire balance.
1.50% 0.01% 1.49% $0 $0 / $0 Go to site More
St.George Maxi Saver
Introductory rate of 3.00% p.a. for 3 months, reverting to a rate of 1.00% p.a. Available on the entire balance.
3.00% 1.00% 2.00% $0 $1 / $1 Go to site More
Bank of Melbourne Incentive Saver
Ongoing, variable 1.75% p.a. when you make at least one deposit and no withdrawals each month. Available on the entire balance.
1.75% 0.01% 1.74% $0 $1 / $1 Go to site More
Westpac eSaver
Introductory rate of 2.51% p.a. for 5 months, reverting to a rate of 1.00% p.a. Available on the entire balance.
2.51% 1.00% 1.51% $0 $0 / $0 Go to site More
BankSA Incentive Saver Account
Ongoing, variable 1.75% p.a. when you make at least one deposit each month and no withdrawals. Available on the entire balance.
1.75% 0.01% 1.74% $0 $0 / $0 Go to site More
Citibank Online Saver
Introductory rate of 2.85% p.a. for 4 months, reverting to a rate of 1.70% p.a. Available on balances below $500,000.
2.85% 1.70% 1.15% $0 $0 / $0 Go to site More
BankSA Maxi Saver
Introductory rate of 3.00% p.a. for 3 months, reverting to a rate of 1.00% p.a. Available on the entire balance.
3.00% 1.00% 2.00% $0 $1 / $1 Go to site More
Bank of Melbourne Maxi Saver
Introductory rate of 3.00% p.a. for 3 months, reverting to 1.00% p.a. Available on the entire balance.
3.00% 1.00% 2.00% $0 $0 / $0 Go to site More
HSBC Flexi Saver Account
Ongoing, variable 2.50% p.a. when you deposit $300+ each month (other conditions apply). Available on balances up to $5,000,000.
2.50% 1.25% 1.25% $0 $0 / $0 Go to site More
$
Monthly Account Fee Debit Card Access ATM Withdrawal Fee Fee Free Deposit p.m. Details
NAB Classic Banking
$0 monthly account fees.
Tap and pay with your NAB Visa Debit card, NAB Pay for Android or NAB PayTag for iPhone.
Visa $0 $0 $0 account keeping fees with no deposit conditions. Unlimited free withdrawals at NAB and rediATMs. Go to site More
ANZ Access Advantage
Apple Pay, Android Pay & ANZ Mobile Pay.
Take advantage of Apple Pay by linking your ANZ Visa Debit card to an eligible iPhone and seamlessly pay for purchases with your phone.
Visa $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $5 monthly fee applies. Unlimited free withdrawals at ANZ ATMs. Go to site More
Bankwest Easy Transaction Account
No monthly account fees when you deposit at least $2,000 per month (e.g. salary). Plus save on ATM fees at major banks such as ANZ, Westpac, NAB, St.George and Commonwealth Bank.
Mastercard $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $6 monthly fee applies. Unlimited free withdrawals at CommBank, NAB, ANZ, Westpac, St.George, Bank of Melbourne and BankSA ATMs. Go to site More
BankSA Complete Freedom Account
Cardless Cash available. Open one in less than 3 minutes.
Visa $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $5 monthly fee applies. Unlimited free withdrawals at BankSA, St.George, Westpac and Bank of Melbourne ATMs. Go to site More
Bankwest Qantas Transaction Account
Earn Qantas Points on eligible purchases and on your account balance.
Conditions apply.
Mastercard $0 $2,000 $0 account keeping fees when you deposit at least $2,000 into your account each month. Otherwise, a $6 monthly fee applies. Unlimited Free withdrawals at Bankwest and CommBank ATMs in Australia. Go to site More
St.George Complete Freedom Account
10% Cash back for online gaming purchases and $50 cash bonus offer.
Waived account keeping fees when minimum deposit is met with no minimum balance.
Visa $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $5 fee applies. Unlimited free withdrawals at St.George, Westpac and BankSA ATMs. Go to site More
Westpac Choice
$0 ATM withdrawal fee at 50,000+ ATMs globally.
Via Westpac's Global ATM Alliance. Get Cash without your debit card (conditions apply).
Mastercard $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $5 monthly fee applies. Unlimited free withdrawals at St.George, Westpac, Bank of Melbourne and BankSA ATMs. Go to site More
CUA Everyday Account
An everyday bank account with a linked Visa debit card.
Visa $0 $0 No monthly account keeping fee and no fees for everyday card purchases. Access to the RediATM network. Go to site More
Bank of Melbourne Complete Freedom
Get Cardless cash and shop securely with your Visa debit card. Customise SMS and email alerts.
Visa $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $5 monthly fee applies. Unlimited free withdrawals at Bank of Melbourne, St.George, Westpac and BankSA ATMs. Go to site More
HSBC Day to Day Transaction Account
Your Visa debit card unlocks special privileges worldwide with the HSBC home&Away Privilege Program.
Visa $0 $0 $0 account keeping fees. Unlimited free withdrawals at over 3,000 HSBC, Westpac, St.George, Bank of Melbourne and BankSA ATMs. Go to site More
AMP Bett3r Pay account
The Pay account is part of AMP’s Bett3r Account, a unique three-account bundle, with linked individual Pay, Spend and Save accounts. Having the three accounts linked helps you to effectively manage your budget and save for your goals.
Visa $0 $2,000 There is a $5 monthly account-keeping fee for the Pay account. However, if $2,000 is deposited into the account each month, this fee is waived. Go to site More
Rates last updated September 19th, 2017
$
Name Product 3 Mths p.a. 4 Mths p.a. 6 Mths p.a. 12 Mths p.a. 24 Mths p.a. 36 Mths p.a. 48 Mths p.a. 60 Mths p.a. Min Deposit Interest Earned
St.George Term Deposit
2.10%
1.85%
2.20%
2.55%
2.60%
2.60%
2.70%
2.95%
$1,000
Bankwest Online Term Deposit
2.35%
1.50%
2.50%
2.55%
2.60%
2.60%
2.65%
2.65%
$1,000
BankSA Term Deposit
2.10%
1.85%
2.20%
2.55%
2.60%
2.60%
2.70%
2.95%
$1,000
Westpac Term Deposit
2.05%
1.85%
2.10%
2.35%
2.40%
2.50%
2.60%
2.85%
$5,000
Bank of Melbourne Term Deposit
2.10%
1.85%
2.20%
2.55%
2.60%
2.60%
2.70%
2.95%
$1,000

Compare up to 4 providers

Rates are displayed for the terms and minimum deposit sizes listed in the table above. The rate you receive could vary depending on your deposit size and interest payment frequency.

Shirley Liu

Shirley is finder.com.au's publisher for banking and investments. She has completed a Masters in Commerce (Finance) and is the author of hundreds of articles. She is passionate about helping Aussies make an informed decision, save money and find the best deal for their needs.

Was this content helpful to you? No  Yes

Related Posts

Savings Account Offers

Learn about our information service
ME Online Savings Account

Maximum Variable Rate

2.95

Standard Variable Rate

1.30
Citibank Online Saver

Maximum Variable Rate

2.85

Standard Variable Rate

1.70
Bankwest Hero Saver

Maximum Variable Rate

2.60

Standard Variable Rate

0.01

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
feedback