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How to save Money

in Australia

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People who do not earn US dollars, Euros or any other currency stronger than the Australian dollar might find Australian living costs higher than in their own countries. Food, public transport, clothes and entertainment are a large percentage of a student’s budget. Here are some hints on how to save money and get the best value without scarifying quality of life.

Always buy food in large supermarkets who due to competition, tend to offer better prices. Every week, supermarket brochures with the weekly promotions are left in your letterbox or distributed inside newspapers.  Smaller convenience stores usually have higher prices and should only be used in emergency cases. Take your lunch from home as eating in a restaurant is at least twice as expensive than cooking at home. You will save a lot if you buy your food in the supermarket and prepare it yourself to take to school. If you eat a lot of the same product for example rice, it is worthwhile buying large quantities and stock it. One kilo of rice costs approximately AUD 2.50 but goes down to AUD 1.00 per kilo in 10 kilo bags. The same happens to butter or cheese when 1 kg portions would be proportionately cheaper than 250 g portions. Avoid buying prepared salads as they would cost at least 20% more expensive than buying the vegetables and preparing the salad at home. If you buy a whole piece of rump (approximately 6kg of beef) you can freeze it and use it for barbeques, mince, steaks, stews and even roasts saving up to 40%. The meat kept frozen properly can last up to 3 months in perfect condition. But if you like roast chicken it is best buying the already roasted ones at the supermarket as they are only a little more expensive than the uncooked ones.

Public Transport is expensive but you can save buying Passes valid for 1 day, 1 week, 1 month or even 1 year. The longer the pass is valid for the bigger will be the savings. Some cities offer passes covering transport in buses, trains/subways or boats which means that with a weekly pass you would be able to catch any type of transport, anywhere, anytime at no extra cost. You can buy transport passes in the bus, train/subway stations and also information booths. Taxis are expensive and should only be used when you have no other option. If you do not go too far from your home the best option is to buy a second hand bicycle and use your legs to get fit. Thousands of Australians ride bicycles everyday to go to work or school and with the bike-lanes in all cities it is a healthy and cheap way of transport. You can also take your bike with you in the trains if moving from one city to another, for example from the Gold Coast to Brisbane.

If you are not careful, the telephone might turn into the villain of the story, especially the mobile phone. Local calls in Australia are billed per call not taking into account the length of the call. You can call in the same town for approximately AUD 0.30 per call and talk as long as you want. The same does not happen with long distant calls, between different towns, regions, states or countries when the call is charged by the minute adding to every cal a connection fee of approximately AUD 0.30 per call. Mobile phone calls are billed per minute and the tariff depends on the time of the day you make the call. Mobile phones should be used only to make short calls, emergencies and to receive calls (free). Even receiving messages cost you something and it is not rare people getting bills of AUD 700 a month for their mobiles. It is very affordable to buy the telephone and each phone is locked with the company you bought it from.  Before you buy a mobile phone check with the sales person which type of phone and program is better for your needs.

Note: Telephone Cards are the cheaper option for international calls. With one AUD 10 card, you can talk to Rio for approximately 2 hours and 20 minutes and for USA and Canada much more. Keep in mind that making 6 calls of 10 minutes cost more than 1 call of 1 hour as for every call a connection fee will be charged. There are several different telephone cards offering different prices and discounts between different cities and countries. Ozcall, Daybreak and Gotalk phone cards offer calls to distant countries for about 2 ½ cents a minute. You can buy the cards for AUD 10, AUD 20 or AUD50 and use them from your home phone and also public phones.

Entertainment, restaurants and alcohol can make a big hole in your budget. Depending on the bar or restaurant beer can cost from AUD 2.50 up to AUD 5.00 but if you buy a carton of beer at the bottle shop you would pay about AUD 1.00 per bottle or can.  If you smoke the best is to stop unless you are prepared to pay as much as AUD 10 for a packet of 20 cigarettes. For those who like to surf buying a second hand surfboards can save you a lot of money as you can find second hand boards in very good condition for half the price of a new one. Usually it is better to buy new wet suits.

You will get a Student Card from the school you are enrolled in, free of charge, and would need an International Student Cards only for discounts. If you intend to travel in Australia the cheapest way is to buy the tickets during promotional offers and travel out of school holidays. Airlines often offer cheaper fares on the Internet where you can use you international credit card for payment online.

Factory outlets selling clothes with small defects or last season models in most big cities are a good way to get quality cheaper. On the Gold Coast Outlet shops as Billabong, Rip Curl and other famous clothes shops, offer good savings.

 There are 1001 different ways of saving money while in Australia and we exposed only the most important ones. Check our Costs page for more details on prices and living costs for every Australian city. Check also prices of Courses in Australia in our Course Guide.

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