Save money and the planet
Money Magazine Australia|March 2024
Could the high cost of living give us the incentive we need to reduce how much water and energy we use or waste? These eco-friendly household tips will help you do just that.
JOANNA TOVIA
Save money and the planet

Caring about the environment is one thing, but if it requires us to make drastic changes or go without, our enthusiasm can soon wane. Unfortunately, Australians consume a lot more per person than people in most other countries simply because of how we choose to live. In fact, if the rest of the world consumed as much as we did, we'd need at least two more planets to meet the demands on nature.

There are some simple things you can do to reduce how much energy, food and water your household consumes - and what gets thrown out without feeling deprived. The result is a healthier bank balance and a more sustainable lifestyle.

Waste less food

If your household is like most, going through the fridge on bin night can be sobering. Chances are there are leftovers you didn't get around to eating and vegetables that went bad before you had a chance to use them.

Food waste is a huge problem in Australia. Thrown into landfill, it decomposes and releases harmful greenhouse gases that warm the planet. We waste 7.6 million tonnes of food each year, which is enough to fill the Melbourne Cricket Ground nine times, according to Foodbank.

Food relief organisations such as Foodbank and OzHarvest are doing their best to divert perfectly good food from supermarkets, airlines and businesses to charities that feed people in need, but we can all play our part at home.

The good news, according to the consumer advocate Choice, is that reducing your food waste could leave you $3800 better off at the end of the year. Not only is 70% of what we throw out still edible, but the way we shop for food, then store and use it, can make a big difference.

Bu hikaye Money Magazine Australia dergisinin March 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

Bu hikaye Money Magazine Australia dergisinin March 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MONEY MAGAZINE AUSTRALIA DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Is the public market shrinking?
Money Magazine Australia

Is the public market shrinking?

Australia needs a healthy stock market to give companies access to funds and to allow retail investors to build wealth.

time-read
4 dak  |
March 2024
India: three steps to transformation
Money Magazine Australia

India: three steps to transformation

Massive investment and extensive reforms turbocharge the economy.

time-read
4 dak  |
March 2024
The ballet of business
Money Magazine Australia

The ballet of business

Changing direction, products, models and marketing is a hard task for a business. We chart what it takes to turn a business around, plus profile four successful pivots.

time-read
7 dak  |
March 2024
Save money and the planet
Money Magazine Australia

Save money and the planet

Could the high cost of living give us the incentive we need to reduce how much water and energy we use or waste? These eco-friendly household tips will help you do just that.

time-read
4 dak  |
March 2024
AI adoption is the new black
Money Magazine Australia

AI adoption is the new black

Artificial intelligence is set to reshape the commercial world, and small enterprises can’t afford to miss the boat.

time-read
3 dak  |
March 2024
Spam attack! Murky laws jam our inboxes
Money Magazine Australia

Spam attack! Murky laws jam our inboxes

Unwanted marketing material is one of the pain points of modern life.

time-read
5 dak  |
March 2024
From rags to riches in style
Money Magazine Australia

From rags to riches in style

Rich Tran sported a bowl cut until he was 14 years old and had no intention of becoming a hairdresser.

time-read
6 dak  |
March 2024
New work deals are killing the 'old' office
Money Magazine Australia

New work deals are killing the 'old' office

The Covid pandemic and the subsequent lockdowns accelerated the trend to more people working from home. It was a mixed experience.

time-read
4 dak  |
March 2024
Points taken: the truth about rewards
Money Magazine Australia

Points taken: the truth about rewards

Can hopping between credit cards really boost your frequent flyer haul and give you cheap or free travel - or is it doing more harm than good behind the scenes? Money puts it to the test.

time-read
3 dak  |
March 2024
Shortcuts to own a home
Money Magazine Australia

Shortcuts to own a home

Innovative ideas with a focus on low costs and sustainability could help solve the housing crunch.

time-read
4 dak  |
March 2024