5 Tips To Save Some Serious $ On Your Food And Coffee Habits | ISIC Australia
Whether we like it or not, we spend an absolute fortune on food! We've compiled 5 ways you can make some easy changes to your lifestyle and perhaps even earn some return on it as well!
1) Re-think your daily coffee purchase
What starts off as a small purchase each day, your daily coffee habit might help you to get through each day however it might also burn a serious hole in you back pocket. Assuming the purchase of a $4 coffee five times a week for a year, that's a staggering $1,044 into the hands of a smug barista. Money that could quite easily be spent on pretending to be a hippie in Byron Bay for a week, or frolicking around a Hepburn Springs day spa over a long weekend. Strategic thinker? Deposit your weekly $20 coffee habit into a high-interest savings account and with some years of patience, you will be enjoying the wonderful rewards of compound interest. With a kettle, milk and some coffee beans, you can enjoy perfectly good coffee at home for a fraction of both the cost and pretentiousness from an inner-city cafe. If you absolutely just can't give up your daily coffee, why not invest in a reusable coffee cup? Many cafes will give you a small discount (that will add up over time).
2) Consider your online food delivery habit
The gig economy might be booming, however your savings probably won't be with an excessive use of online food delivery platforms. We know the feeling - it's 7pm on a Friday and there's nothing in the fridge or pantry. Your first thought might be to open up the app and order $30 worth of food for your dinner. You might even have done this so many times that you could do it in your sleep. With a minimum order of $25, that's pretty steep for a meal! While the odd order every now and then for a treat is nice, becoming a habit on a regular basis will certainly be noticed in your savings.
3) Learn to cook!
Following on from our second point, we can't emphasise enough the importance of learning to cook. A highly rewarding and highly financially savvy move, cooking is a skill you will more than likely require for the rest of your life (unless you're married to Jamie Oliver). If Curtis Stone and his mates at Coles can feed a family of four for less than $10, you can too! Significantly cheaper than eating out every day, don't be fooled by thinking fast-food is cheaper. It might be quicker, however it's substantially more expensive.
4) Spoil yourself every now and then
What's money for anyway? To be spent (and saved) of course! Sometimes you need to treat yourself with a meal out, and you should! What if we told you though that there were over 1000 restaurants nation-wide where you could enjoy 20% off your bill (up to $25)? Well, ISIC, IYTC, and ITIC cardholders have been enjoying this for a number of years thanks to our partnership with Frequent Values. With that kind of circulation around our big island home, there is a fair chance that one of your local favourites is part of the program. Another fabulous way to dine out is to earn cashback whenever you do. Yes, I'm talking about Liven. Why not get started with $15 free food credit? Find out more here.
5) Never do your supermarket shop on an empty stomach!
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Already have your food and coffee habits under control? How about your health and wellbeing?