Money Sense: Easy Ways to Save Money

Term	Explanation
Get Organised	Pay your bills on time and make sure there’s enough money set aside for them. This helps you avoid costly interest charges and penalties.
Carpool to Save	If you or a friend drives to work, consider sharing rides. Carpooling cuts petrol costs, reduces wear and tear on your car, and lowers your monthly expenses.
Go Generic	Generic medicine is just as effective as branded versions—but much cheaper. Always ask your pharmacist for the generic option to save money on medication.
Quit Smoking	At N$30 a pack, a smoking habit can cost nearly N$11,000 per year. That’s money you could put toward a car, savings, or investment. Your health and wallet will thank you!
Pay Pay More than the Minimum	Only paying the “minimum monthly payment” keeps you in debt longer and increases interest. Pay more when you can to reduce your debt faster and save on interest.
Cook More For Less	Use what you already have and double up recipes. Save leftovers for the next day and reduce how often you need to shop—saving money on both food and fuel.

Term	Explanation
Find The Cheapest Bank For You	Pay your bills on time and make sure there’s enough money set aside for them. This helps you avoid costly interest charges and penalties.
Make Your Presents	Gifts don’t have to be expensive. Handmade presents show care and creativity, and they help you stay within budget during special occasions.
Write A Shopping List	Going shopping without a list often leads to impulse buys. A shopping list keeps you focused and helps you stick to your budget.
Turn Off Lights Before Leaving	Lights left on while you’re away only benefit the electricity company. Turn off lights when leaving to avoid wasting money and energy.
Wash Your Hands Regularly	Good hygiene saves money! Regular handwashing helps prevent illness—saving you medical costs and days off work.
Eat Home-Cooked Meals	Takeaways are convenient but expensive. Cooking at home is healthier and much more affordable in the long run.