I am sure everyone is familiar with the concept of "life hacks". They are basically little things you can do, usually utilizing something with a purpose for something else (look it up if you are unsure, some are brilliant!) Well it got me thinking, whilst these in themselves can save money I was keen to start a thread on ideas or things others do to save money. This is not aimed at investing, taxation, structuring.etc because they are ofcourse all major things that require a lot more discussion. This really is more basic stuff that anyone can do. I'll kick it off: If you have Foxtel. Call and immediately ask to be put through to retentions as you wish to cancel your service. When connected simply explain you now have Netflix which is costing you $10 a month with a lot more content you enjoy. Guaranteed the person will ask what you watch on Foxtel at which time you can say a dumbed down version of what you actually might. The end result will almost always be a reduction on your spend plus free channels for X period. When that period ends call and repeat. I save myself $40 a month since doing this and have lost almost no channels. I am on my third retentions cycle, the last time I called I think they accepted it wasn't going to stop and made my discount for 12 months.