A lot of advice on savings focuses on little, day-to-day things: Making your own coffee instead of buying Starbucks; buying generic instead of brand-name; eating out less; and occasionally biking instead of taking the car.

That’s fine, and it can help trim the fat from your budget. But for real savings, it’s often necessary to step back, look at your life holistically and ask yourself some painful questions.

Books like Jeff Yeager’s The Ultimate Cheapskate’s Road Map to True Riches and Thomas Stanley’s classic The Millionaire Next Door point out that it’s big decisions that save big money.

Instead of trading down to a cheaper car, what would happen if you sold your car and took the train or biked? Read full article…

Those worried that their high interest savings and credit cards may take a hit as the festive season approaches may want to take heed of advice from New Limited.

According to the Australian Bureau of Statics, Aussies spent $18 billion at retailers over Christmas last year.

However, people can save money by cutting down on some essential costs.

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