Alongside spending a romantic month in Italy and remembering to make that dental appointment, saving money is up there on the list of things to one day do. The only problem is actually doing it.
But according to a single mum from Sydney who saved $32,000 in just 12 months, the secret to saving is bundling.
Creating the “$1000 Project” on her Youtube channel, financial planner and blogger Canna Campbell says the secret to saving is breaking down a big milestone into smaller, more achievable ones, like $1000.
Once you’ve managed to save your first $1000, it’s time to start the amassing project all over again. Sound hard? Here’s how the 36-year-old did it.
Top Comments
I've found the best way to save money is to cook at home as much as possible using cheaper ingredients. When my husband and I were on 1 income while I was on maternity leave I cooked all our meals at home and if we wanted a night out once in awhile we went out for a coffee or dessert instead of dinner.
I think I have the solution. Take $10 to the pokies and double your money. Stop. Return the next day and repeat with your $20, you'll have that money saved in less than a month.
Trust me on this - I do Financial Planning for a living (just can't seem to land a job though, it's really got me stumped)