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How To Save Money as a Flat

  1. Split Bills Fairly

    • Use apps like Splitwise or Venmo to track shared expenses.

    • Set up automatic payments for rent and utilities to avoid late fees.

  2. Share Groceries

    • Buy staple items (e.g., rice, pasta, milk) in bulk and split the cost.

    • Cook and share meals together to reduce food waste and save on takeout.

  3. Save on Utilities

    • Turn off lights and appliances when not in use.

    • Use energy-efficient bulbs and appliances.

    • Limit heating or air conditioning—layer up in winter and use fans in summer.

  4. DIY Cleaning Supplies

    • Make your own cleaners using cheap household items like vinegar, baking soda, and lemon.

    • Share the cost of essential cleaning products.

  5. Reuse and Recycle

    • Repurpose jars, containers, or old furniture for storage.

    • Swap or share items like clothes, books, or decor.

  6. Cut Subscription Costs

    • Share streaming services like Netflix or Spotify.

    • Decide as a group which subscriptions are necessary and split the fees.

  7. Host Flat Nights Instead of Going Out

    • Have movie or game nights instead of expensive outings.

    • Cook together instead of dining out.

  8. Set a Shared Budget

    • Agree on a monthly budget for shared items like cleaning supplies or flat treats.

    • Track expenses to ensure everyone sticks to the plan.

  9. Shop Second-Hand

    • Furnish the flat with items from thrift stores, Facebook Marketplace, or Trade Me.

    • Look for deals on second-hand appliances and decor.

  10. Take Advantage of Discounts Use student or group discounts for groceries, travel, or entertainment. Check for local deals or coupons online.

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