John Key's Money Saving Tips
Wednesday, 07 September 2005 11:25
Many in the press have mentioned that I am out of touch with those less financially fortunate than my good self.  In order to change this perception I have decided to offer this series of money saving tips for readers.  I have used these tips over many years and they have helped me stay afloat through many difficult financial times.  I hope you too will find them useful.

  • Try buying wine by that case rather than by the bottle.  You will get significant savings from buying in bulk.  Also try buying direct from the winery.  There are often discounts when buying at the cellar door.  That little bit of planning, the next time you are down in Queenstown skiing, will help when it comes to pinching those pennies at Christmas.

  • Sell any unwanted items on Trademe.  People are always out for a bargin, and prices on trade me are fairly good at the moment.  You should also sell any unwanted shares or properties you may have.  There’s no use hanging on to things for the sake of it, especially if they can earn you a dollar or two! 

  • If money is an issue perhaps you should lease your BMW rather than buying it outright, that way you can claim back the tax as a business expense from your Family Trust.

  • Keep on the good side of your accountant.  Always invite him and his family to your holiday house once and year. Also insist he borrow your yacht for a cruise.

  • Art is always a good investment.  Go for up and coming artists at a cheap rate or perhaps invest in established artists with health problems.

  • Use your Gold card to make purchases rather than your EFTPOS card.  The fees are lower and you will be able to accumulate air miles with each item you buy.