Challenge yourself to a #frugalfebruary Feb 15, 2021

Healthy food at home. Happy woman is preparing the proper meal in the kitchen.

We’re a month (and a bit) removed from Christmas and your Christmas season credit card bills are probably starting to appear. It could be the perfect time to tighten those purse strings and participate in #frugalfebruary!

The Frugal February challenge

To participate, all you have to do is find simple ways to reduce your costs and increase your savings for a month. You could aim to only buy necessities for a whole month, or just avoid spending money on ‘wants’ rather than ‘needs’. It’s a great way to start thinking about where your money goes and where you can cut costs. Maybe you’ll even start building long-lasting habits!

Simple ways to save

Here are some ways you can reduce your costs for the month. How many can you do?

  • Reduce your grocery budget.
  • Avoid takeaways.
  • Choose public transport, walking or bike riding over taxis or ridesharing.
  • Use up the leftovers in your fridge and pantry.
  • Bring your lunch to work every day.
  • Find free things to do in your local area.

Found something that works for you? Don’t forget to share your best #frugalfebruary tips on Intrust Super’s Facebook page!

Haven’t started yet?

It’s never too late to introduce good spending habits. Frugal February is all about finding ways to reduce our expenses and find extra savings. You can start now and go for a month, or you could just choose one weekend in February to cut your costs. Either way, you’ll be putting energy into finding new ways to save money. And every little bit helps!

Find more ways to save for your super

Intrust Super members can also use our app, SuperCents, to put away some extra retirement savings!

SuperCents rounds up micro-contributions from your everyday transactions and puts them to work in your super. With SuperCents, you can make additional contributions to your super without any hassle and best of all, you can watch your super balance grow in real time.

Download SuperCents today and see the difference it can make to your future.

This article is intended as general advice only and does not take into account your individual financial situation, objectives and needs. You should consider the appropriateness of the general information to your situation before making any financial decision.