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Win R2,500 with HomeTimes Saving Tip of the Month

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Interest rates are expected to be hiked further this year, annual salary increases are not guaranteed for most and the cost of living will continue to rise. This means we’re all going to have to save where we can.

HomeTimes wants to help all our site visitors save money in these economically difficult times. But we can’t do it alone. We know that there are hundreds of ways that each of us can save money and we also know that you have at least one way you are saving money simply by doing everyday things.

Simply write down your money-saving tip in the comment box below, and at the end of each month we will post the tips on HomeTimes’ Facebook page where the tip that receives the most likes will bag R2,500 in cash, courtesy of our friends at HomeBid – where sellers pay only 1.95% in estate agent commission!

Now that’s saving!


David A Steynberg, managing editor and director of HomeTimes, has more than 10 years of experience as both a journalist and editor, having headed up Business Day’s HomeFront supplement, SAPOA’s range of four printed titles, digimags Asset in Africa and the South African Planning Institute’s official title, Planning Africa, as well as B2B titles, Building Africa and Water, Sewage & Effluent magazines. He began his career at Farmer’s Weekly magazine before moving on to People Magazine where he was awarded two Excellence Awards for Best Real Life feature as well as Writer of the Year runner-up. He is also a past fellow of the International Women’s Media Foundation.

Review overview
  • Mariette 2nd February 2016

    I wish I had the discipline to set up a weekly meal plan. That would then help me spend less on groceries and prevent fresh produce from going off because it is not being used.
    Currently we just make sure that we are not hungry when we go food shopping. I have friends who make their own natural house cleaners. Not only does it take a cut from the monthly household budget, it is also a greener alternative for our planet.

  • Ruan 2nd February 2016

    Saving can be a daunting task, especially in the current economic climate. I do however use a function that my bank offers to bank my change. Every purchase i make will be rounded up with R10. These amounts are then transferred to a savings pocket that is linked to my primary account. I then transfer these savings into various other savings account that vary in their interest returns and immediate funds availability. Its not the most elegant solution but at least i am saving with every swipe instead of reaching the end of the month and i have nothing left to save.

  • Natalie Flynn 2nd February 2016

    Only buy certain groceries when on special such as toilet paper and washing powder. Look for good specials and then stock up, you save loads in the long run!

  • Anine 2nd February 2016

    What tends to happen with inflation and economic downturn is that insurance rates spike , and when things go back to normal, your insurance does not decrease. So to kick off each year, phone your broker or insurance company and tell them you would like to review your car, household and life insurance, that they should re-quote you with the intention of getting your expenditures down, and that in addition, you will also be shopping around for the same coverage at a better rate. I have done this a few times and have always walked away paying much less. Depending on what you are currently paying, you would be able to save a few hundred rands per month, which will add up to thousands over the course of the year. You can then either use this money on things you really need, or put it into your bond, the stock market or a short term savings account for emergencies.

  • Nedine 2nd February 2016

    Create a home maintenance checklist. Then, make it a habit to run through the items on this list every so often. Doing so will extend the life of almost everything in your home, saving you buckets of money over time.


  • zuko 2nd February 2016

    Avoid accumulating new debt. Some debt is essentially unavoidable. For instance, only the very rich have enough money to buy a house in one lump sum payment, yet millions of people are able to buy houses by taking out loans and slowly paying them back. However, in general, when you can avoid going into debt, do so. Paying a sum of money up-front is always cheaper in the long run than paying off an equivalent loan while interest accumulates over time. •If taking out a loan is unavoidable, try to make as big of down payment as possible. The more of the cost of the purchase you can cover up front, the quicker you’ll pay off your loan and the less you’ll spend on interest.

  • t.prinsloo 2nd February 2016

    I save all my small change every year or until my jars are full, then I use that money to pay of some debt! Then I just start again until my jars are full or in a years time! It really works for me!

  • Helen Conrathe 2nd February 2016

    Once I have paid my bills I take out a limited amount of cash per day which stops me giving in to temptation. I also ask myself if I really need something when buying clothes, shoes et al.

  • FF 7th February 2016

    Only buy brands when it would actually make a difference. For example food,cars, etc. Do not buy Items where branding does not add any value, for example clothing.

  • CHANTAL 8th February 2016

    Live within your means and don’t buy anything on credit, make some sacrifices, save up the money and buy your items cash. with regard to groceries, stick to fish, chicken, mince and beef. Lamb is very expensive buy for special occasions or maybe as a treat once a month. Always look for specials, most promotions can be found online for supermarkets, make time to browse through them you will be amazed at how much you can save. Some shopping can be done online do price comparisons with 3 suppliers that stock the same items and buy where you see an overall saving, also buy from where you don’t have to pay for delivery charges.