Picture your Future. Save for it by earning 1.5% on a 1-year Term Deposit Account! Learn more.

Free stuff that can help you save

Saving money is a common goal for many, and fortunately, there are numerous ways to do so. Here are some practical tips on things you can do for free that can help you save money.

Free Education

The internet isn’t just for memes and outrage. There’s also lots of really useful information and free online courses that can help improve your skills in areas such as painting and decorating, sewing, or basic car repairs. Think about how much money you could save if you weren’t so reliant on other people’s expertise.

Free entertainment

You can also save a ton of money by making a few simple lifestyle changes. Going out does not mean you have to spend lots of money. Enjoy the seaside and outdoors more and keep an eye out for open days at heritage sites which frequently include free, or reduced entry price. Malta also offers a host of outdoor events and festivals throughout the year which are generally free to enter.

Proper budgeting

Unfortunately, most people don’t have a clear idea of how they spend their money. There are plenty of free apps that can help you track your expenses and plan your finances. This is great information if you are looking to work out where you can spend less.

Doing things at home

Cooking at home, or organising events like film nights, together with your friends and family might not be entirely free but it’s likely to be a lot cheaper than eating out or going to the cinema. Your home can also be the venue for some great nights in.

Take the bus

How much do you spend each year on your car or taxis? If you’re resident of Malta and Gozo and have a personalised Tallinja Card, then public transport is free. Taking the bus might not always be the most practical solution but dropping even a few car journeys will help reduce your spending.

Sell stuff

We’ve all got things in our wardrobes and cupboards that we haven’t worn or used in ages, even though they might still be in good condition. Maybe now’s the time to declutter your home and sell items you no longer need.

By using some, or all, of the tips highlighted above, the amount you can save will certainly increase. This will help you put money aside to create the financial buffer we all need in case of unexpected expenses and, just as importantly, give you the opportunity to start building a financial nest egg for those longer term goals.

MeDirect Bank (Malta) plc, company registration C34125, is regulated by the Malta Financial Services Authority and is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371). The Bank is a participant in the Depositor Compensation Scheme established under the laws of Malta.

Join MeDirect today to access the tools you need to put your money to work on your own terms.

Latest news articles

Epic Investment Partners Weekly Article
All News

Epic Investment Partners Views: The Week Ahead

This week’s market focus includes global inflation data, the COP 29 climate conference, and major earnings reports from Chinese e-commerce giants, along with key US CPI, Eurozone GDP, and UK employment figures, as central banks weigh in on monetary policy and China’s recent measures to support domestic growth gain attention.

Refinancing your home loan can result in significant savings should you be able to secure a lower interest rate. It is always worth shopping around to see if a better mortgage is available.
All News

The potential benefits of refinancing your home loan

Refinancing your home loan can result in significant savings should you be able to secure a lower interest rate. It is always worth shopping around to see if a better mortgage is available.

Structural forces playing out now
All News

BlackRock Commentary: Structural forces playing out now

Despite expectations for another Federal Reserve rate cut, strong U.S. job and wage data suggest rates may not fall as much as markets anticipate, while the European Central Bank aligns more closely with lower-rate projections, favoring euro area fixed income over U.S. assets.

Experience better Banking

The sooner you start managing your money, your way, using the best-in-class tools, the sooner you’ll see results. 


Sign up and open your account for free, within minutes.

MeDirect_Multi-Devices-cards

You are leaving medirect.com.mt

Please be aware that the external site policies, or those of another MeDirect website, may differ from this website’s terms and conditions and privacy policy. The next website will open in a new browser window or tab.

 

Note: MeDirect is not responsible for any content on third party sites, nor does a link suggest endorsement of those sites and/or their content.

Login

We strive to ensure a streamlined account opening process, via a structured and clear set of requirements and personalised assistance during the initial communication stages. If you are interested in opening a corporate account with MeDirect, please complete an Account Opening Information Questionnaire and send it to corporate@medirect.com.mt.

For a comprehensive list of documentation required to open a corporate account please contact us by email at corporate@medirect.com.mt or by phone on (+356) 2557 4444.