We all enjoy saving a bit of money, especially if you’re looking to buy your first home or if you’ve just got your first mortgage.
There are all sorts of convoluted ways to save money. Some of them are easy (eg; ditch the expensive TV subscription and get yourself Netflix, Lightbox or Neon) and some of them are disproportionately hard (eg; setting up a grey water system to water your plants to save on Water Rates).
My initial budgeting suggestion for new “budgeters” is, pick the low-hanging fruit first. And the easiest of all is to find what you’re paying too much for and find a place that sells it for less. Groceries are a good example of this. The price between supermarkets is astronomical for essentially the same product. Petrol is another.
This is where Gaspy comes in. Whenever you open Gaspy, it will find you the cheapest fuel nearby. And the range in prices is amazing! For Diesel, my local price ranged from $0.99 - $1.17 per litre. That's an 18% difference. Or to put it another way, if I normally spent $100 per week on fuel, I could save $936 per year by knowing the cheaper petrol stations around.
Now it's not worth driving 30 minutes to save yourself $18 (or maybe it is!) but if you get in the habit of opening up the app when you're below half a tank, then you are sure to pass a cheap spot sooner or later.
And as an added extra, the app summaries where the cheapest and most expensive areas are in NZ and it's not where I would have expected! You can find the link to the pdf here or you can generate the list yourself on the app.
If you haven't tried Gaspy yet, give it a go and let us know how you find it.
If you’re lucky enough to have owned a house for at least a couple of years, you’ve almost certainly gotten richer through capital growth. With a hot property market nationwide,…
Applying for a mortgage is much like creating a Tinder profile. You want to make yourself as attractive as possible to get a bank to “swipe right”. Banks aren’t interested…
Revolving Credit can be an excellent tool for both homeowners and property investors to reduce interest costs and speed up the repayment of their mortgages while keeping the availability of…