I got a group fitness instructor certification so I could start teaching a class a week at my gym. Not only do I get paid (and have the earnings go into it's own bank account), I do not have to pay for my gym membership anymore. I'm saving $120 per month, while getting paid to exercise.
I ask my friends at work if they want a homemade lunch that I cook at a cheaper price than buying a takeaway lunch. So I cooked more and I get extra money from my friends as well as provide a healthy lunch for them. Lucky they love my cooking... :)
Another way to save money are homemade soups. Make your own broth and stock. Load the soups with your favorite veggies and make extra on a large pot. Freeze extra soups in individual containers and take them to work on the days you don't have anything ready to pack for lunch.
I utilise the salary packaging program that my workplace offers. I have packaged my mortgage and essentially get to pay $10k of my mortgage repayments using pre tax dollars every year, thus lowering my taxable income. I use the money I save on paying tax to make extra repayments on my mortgage. It’s a double saving!
I work for NSW Health. Government employees who work in public hospitals and use the salary packaging program are exempt from the fringe benefit tax up to a particular threshold
I do no spend weeks, where I cook only at home and the moment I started putting away the equivalent of one pay per month, my saving habits changed substantially! I automatically know that I have the equivalent of one pay to spend on expenses, and it's incredibly encouraging to watch a savings account build up from this mindset. It allows my spending to never go beyond a certain point - and this has helped my save the equivalent of 65K in a matter of 3 years, all while moving out of home for the first time, travelling, and starting a business from scratch. Finishing all my beauty products and makeup before buying something new, and having a capsule wardrobe of basics from Uniqlo for winter (where we tend to spend extra on sweaters, boots, knits) has been so helpful!
Amazing advice, will show this to my young adult kids. Do you get paid monthly and you just take 25% and put into savings a/c? That is a huge effort, well done.
In South Australia we have a 10c rebate on bottles, cans and some cartons (not sure if other states do this too...). I always carry a plastic bag so that I can collect any bottles/cans that I buy or are lying on the street (you’ll be surprised how many you find especially in parks and beaches). Once a month I take my collection to the local depot and exchange the cans/bottles for cash! I usually make between $30-50. The only downside is that you’ll need somewhere to store them, they can take up a bit of room and they don’t accept crushed cans/cartons. It helps the environment and makes me money. I still limit my pre-packaged drink consumption because they’re expensive and usually unhealthy , but it’s nice to know that when I do splurge I’ll get a small rebate.
I save on my electricity bill by setting my thermostat to 65 degrees Fahrenheit while I sleeping or away from home. I turn it up to 72 degrees and use a space heater while I am home. This plus using weather stripping on the windows and doors has significantly decreased my electricity bill in the winter.
I have spent $20 on a gallon of Apple cider vinegar that I drink before meals, this way, I eat less and pretty much have two meals for one price because the drink curbs appetite and you don’t have to eat as much!
Sugar Mamma Canna you did say that 10 people would win a signed book if you do comment. As I see you did comment on my post did I win or is the competition over ☺️🙈
Great content! I love how many really practical ideas you put in your videos. I have chronic nerve pain and can only work a few hours a week. I live off $20,000 a year and have started investing using the RAIZ app. I do a lot of meal prep so that I don’t spend money on expensive food when I am out and it also means I know what is actually going into my food. I have a number of ‘no spend’ days per month. I have a minimalistic capsule wardrobe. I make a lot of my own beauty products using natural ingredients. I do yoga and pilates at home using TH-cam videos so my workouts are free :)
I heard about the $5 bill savings idea last year and live by it now. Every time I have a $5 bill I put it in a jar in my kitchen. Every few months I have $300-$400 for something I need or want. You never notice just $5 but they add up fast. Its so easy and effective. It came in so handy last year several times for a weekend holiday and Christmas or just to pay an unexpected bill.
@@SugarMamma I am now! 😉 My main goal was to be more organized with my finances, I always managed to have some savings but I since I follow you I see I can do more. Jut started by selling some of my clothes and switching insurance and energy providers. X
You look so pretty here Canna! I really enjoyed it when you vlogged for a month last year and physically showed us putting your money into a savings pot from wherever you saved it each day. It somehow made it very inspiring and motivational, would you do it again? xxx
Love how your channel has grown! I remember doing the $1000 challenge with you back in 2015/2016 lol. Awesome stuff! One way my Wife and I have recently started staving money is actually kind of interesting. Since our child was born my Wife hasn't worked (not to say a stay at home Mom doesn't work) but she's been wanting to make some money to help contribute. So, we joined up with DoorDash and now make a few deliveries when we go into town. It's nothing huge but it definitely adds up and the whole family gets to be together while we do it! We could easily make a couple extra thousand by the end of the year with it, even after counting for car depreciation and taxes. And the best part is (aside from working when we want to), we allot the majority of our profits into our dividend account! Yay! Hope we win a copy! Love the videos!
I got a large money box at Christmas and am putting $2 coins in. Plan is to keep them all until Christmas no matter what. I also have a small one I've had for years and the $1 coins go in that one.
We rent toys for our kids, much more cheaper and these toys are all items we would not buy ourselves because they are so expensive ( special music instruments etc)
I try to put every quarter or smaller money that enters my wallet into my saving space 😁 I plan to invest the money I’ve saved and use some on New Year gift for myself.
If your checking account balance is, for example, 1,384.39 save the $4.39 or $84.39 or $384.39 to your savings account. You can set your schedule to either do this once a day, once a week or once a month. The savings amount is up to you as well as the frequency.
Introduce the latest trend amongst your friends by holding a 'fiver party' when it is Rocco's birthday. In lieu of gifts guests pop $5 into a card and the pooled money buys one single toy or experience gift. It is minimalist and environmentally responsible as it reduces the packaging and waste that is such an issue with toys. Most parents will get on board if you are specific on the invitation as to where the money will be spent eg '(childs name) is saving towards a new bike' or '(childs name) loves the meerkats at the zoo and is saving to participate in the 'adopt an animal' program.
Start with saving 10% of my income and keeping track of my expenses. Subsequently increase the percentage. (Follow the principles of The Richest Man in Babylon by George S Clason)
Hello! Thank you so much for the giveaway! I'm happy to enter the competition. To save money I created an automatic bank transfer at the beginning of each month so I don't have a choice, "I can't spend money that I don't have"
I stop watching hauls and designer things videos I stop drinking coffee ☕️ and wine 🍷 Also I started to but my kids secondhand clothes kids things are always new because they don’t use them for long.
I guess everyone who can just put the extra money they saved in a savings account, doesn’t need the money to live. I hardly buy new toys in a store, we always go to thrift stores. The money I ‘save’ I need for other stuff. Same goes for eating at home instead of buying on the go, or putting 5 dollar notes in a jar of ‘saving’ by being a minimalist. I save 1000’s a year but I couldn’t put that into a savings account 😏
The satisfaction you will get and the high that will come with your success is so worth it. Much better than the feeling you get of spending unnecessarily. That good feeling is so short lived and always followed by guilt and discomfort. Keep going, little steps Build up your saving muscle.
I got a group fitness instructor certification so I could start teaching a class a week at my gym. Not only do I get paid (and have the earnings go into it's own bank account), I do not have to pay for my gym membership anymore. I'm saving $120 per month, while getting paid to exercise.
I ask my friends at work if they want a homemade lunch that I cook at a cheaper price than buying a takeaway lunch. So I cooked more and I get extra money from my friends as well as provide a healthy lunch for them. Lucky they love my cooking... :)
Such a satisfying way to save! xCC
Another way to save money are homemade soups. Make your own broth and stock. Load the soups with your favorite veggies and make extra on a large pot. Freeze extra soups in individual containers and take them to work on the days you don't have anything ready to pack for lunch.
I utilise the salary packaging program that my workplace offers. I have packaged my mortgage and essentially get to pay $10k of my mortgage repayments using pre tax dollars every year, thus lowering my taxable income. I use the money I save on paying tax to make extra repayments on my mortgage. It’s a double saving!
Oh wow, do you work for a charity? Aren’t you worried about FBT ? xCC
I work for NSW Health. Government employees who work in public hospitals and use the salary packaging program are exempt from the fringe benefit tax up to a particular threshold
Tell me more?I'm a NSW govt employee!
I stopped buying perfumes, and brand makeup and that has saved me lots of money. 😊 Also I cut of my cable and only have internet.
I do no spend weeks, where I cook only at home and the moment I started putting away the equivalent of one pay per month, my saving habits changed substantially! I automatically know that I have the equivalent of one pay to spend on expenses, and it's incredibly encouraging to watch a savings account build up from this mindset. It allows my spending to never go beyond a certain point - and this has helped my save the equivalent of 65K in a matter of 3 years, all while moving out of home for the first time, travelling, and starting a business from scratch. Finishing all my beauty products and makeup before buying something new, and having a capsule wardrobe of basics from Uniqlo for winter (where we tend to spend extra on sweaters, boots, knits) has been so helpful!
Amazing advice, will show this to my young adult kids. Do you get paid monthly and you just take 25% and put into savings a/c? That is a huge effort, well done.
Mon-$1 Tue-$2 Wed-$4 Thu-$8 Fri-$16 Sat-$32 Sun-$64
$500/month
$6000/a year
I think she meant: Mon-$1, Tue-$2, Wed-$3, Thur-$4...
I have scheduled days to do houseworks such as laundering on Saturdays. I don't do anything extra so it saves energy and money. :)
In South Australia we have a 10c rebate on bottles, cans and some cartons (not sure if other states do this too...). I always carry a plastic bag so that I can collect any bottles/cans that I buy or are lying on the street (you’ll be surprised how many you find especially in parks and beaches).
Once a month I take my collection to the local depot and exchange the cans/bottles for cash! I usually make between $30-50. The only downside is that you’ll need somewhere to store them, they can take up a bit of room and they don’t accept crushed cans/cartons.
It helps the environment and makes me money.
I still limit my pre-packaged drink consumption because they’re expensive and usually unhealthy , but it’s nice to know that when I do splurge I’ll get a small rebate.
I do this too
Hello.. Do you have videos for credit building for beginners?
I make my own breakfast, lunch and dinner 😎
That is always going to save you a lot! xCC
This should be normal for everyone so good for you!
@@SugarMamma "Thank You", thank you very much 😀
I stopped eating junk foods and saved $20.00 a week.
And I bet you feel even better about it! Great work! xCC
@@SugarMamma yes
@@SugarMamma Thank you nice tips
I save on my electricity bill by setting my thermostat to 65 degrees Fahrenheit while I sleeping or away from home. I turn it up to 72 degrees and use a space heater while I am home. This plus using weather stripping on the windows and doors has significantly decreased my electricity bill in the winter.
I have spent $20 on a gallon of Apple cider vinegar that I drink before meals, this way, I eat less and pretty much have two meals for one price because the drink curbs appetite and you don’t have to eat as much!
In germany we have flea market where you can sell your things which I do once a month where I sell all my clothes, makeup or home decoration.
Oh how cool! Would love to go to one of those one day! xCC
Sugar Mamma Canna you did say that 10 people would win a signed book if you do comment. As I see you did comment on my post did I win or is the competition over ☺️🙈
I bring oatmeal at work
I have done my own deodorant and laundry detergent. I meal prep
Great content! I love how many really practical ideas you put in your videos. I have chronic nerve pain and can only work a few hours a week. I live off $20,000 a year and have started investing using the RAIZ app. I do a lot of meal prep so that I don’t spend money on expensive food when I am out and it also means I know what is actually going into my food. I have a number of ‘no spend’ days per month. I have a minimalistic capsule wardrobe. I make a lot of my own beauty products using natural ingredients. I do yoga and pilates at home using TH-cam videos so my workouts are free :)
awesome!
ING has a round up feature too, which automatically rounds up and puts into yoir savings account. Great way to save!
I heard about the $5 bill savings idea last year and live by it now. Every time I have a $5 bill I put it in a jar in my kitchen. Every few months I have $300-$400 for something I need or want. You never notice just $5 but they add up fast. Its so easy and effective. It came in so handy last year several times for a weekend holiday and Christmas or just to pay an unexpected bill.
such an easy way to save!! xCC
Debbie Webbie I will try this I have been doing this but with two Euro .great tips 👍 thank u.
Just joining the party. I have only been following you for a week and I have already made over £200 in potential savings.
Thank u x
Wow! Welcome to my channel! Are you doing The $1000 Project ? xCC
@@SugarMamma I am now! 😉 My main goal was to be more organized with my finances, I always managed to have some savings but I since I follow you I see I can do more.
Jut started by selling some of my clothes and switching insurance and energy providers. X
You look so pretty here Canna! I really enjoyed it when you vlogged for a month last year and physically showed us putting your money into a savings pot from wherever you saved it each day. It somehow made it very inspiring and motivational, would you do it again? xxx
I have used a student clinic to get a back pain treated. CQI UNI in Toowong Brisbane. Cost only 20 dollars per visit and the service is superb !
I always have a ‘No Spend Day’ in a week which saves me so much money in a month and I put that aside to a Travel Fund.☺️
Really cool idea!!! xCC
Thank you for your advice and FYI you posted this in my birthday! Thanks 🙏🏼
Hope you had a great birthday! xCC
Canna which Bank would you rekon is ideal for savings ?
You are sooo right! Groupon is amazing to get good Services and you get to know local shops
I am so excited about finding a massage to end Frugal February! xCC
Hi Canna! Was just watching vid and there’s 9 tips, not 10. Skipped right over #4, could you clue us in on it?! Plz and thanks!
Love how your channel has grown! I remember doing the $1000 challenge with you back in 2015/2016 lol. Awesome stuff!
One way my Wife and I have recently started staving money is actually kind of interesting. Since our child was born my Wife hasn't worked (not to say a stay at home Mom doesn't work) but she's been wanting to make some money to help contribute. So, we joined up with DoorDash and now make a few deliveries when we go into town. It's nothing huge but it definitely adds up and the whole family gets to be together while we do it! We could easily make a couple extra thousand by the end of the year with it, even after counting for car depreciation and taxes. And the best part is (aside from working when we want to), we allot the majority of our profits into our dividend account! Yay!
Hope we win a copy! Love the videos!
Oh the competition finished by Door Dash sounds amazing! Perfect for someone who is out and about anyway! I would love to share this xCC
I got a large money box at Christmas and am putting $2 coins in. Plan is to keep them all until Christmas no matter what. I also have a small one I've had for years and the $1 coins go in that one.
Oh wow! I wonder how much will be in there by Christmas! My water bottle is taking forever to fill up! xCC
@@SugarMamma I have a feeling to fill it up would take more than one year but I'll see how I go. Should still be a decent amount.
Loved all of these!! So many ways - no excuses!
Exactly!! xCC
We rent toys for our kids, much more cheaper and these toys are all items we would not buy ourselves because they are so expensive ( special music instruments etc)
I try to put every quarter or smaller money that enters my wallet into my saving space 😁
I plan to invest the money I’ve saved and use some on New Year gift for myself.
Great video Canna, thank you for collecting all the tips and presenting them to us! I received my book prize from you, thank you very much again! :)
Thanks, Nora! Hope you enjoy the $1000 Dollar Project! xCC
Hi Canna, where do you find Groupon? From fb or website?
Thanks for all the tips 👍🏽👍🏽👍🏽👍🏽👍🏽👍🏽👍🏽👍🏽👍🏽👍🏽👍🏽👍🏽👍🏽🌹
groupon.com.au Just need to join up
If your checking account balance is, for example, 1,384.39 save the $4.39 or $84.39 or $384.39 to your savings account. You can set your schedule to either do this once a day, once a week or once a month. The savings amount is up to you as well as the frequency.
I do this in the moment…(if I don’t, I can easily forget)
In the Morning I prepare my food and it saves me soooo much money
And I bet time too! xCC
Love frugal Feb videos :) When the book Mindful Money will be available in Audible pleaseee ? :)
Already is! xCC
@@SugarMamma Thank you :) For some reason is not available in the UK.. xxx
Introduce the latest trend amongst your friends by holding a 'fiver party' when it is Rocco's birthday. In lieu of gifts guests pop $5 into a card and the pooled money buys one single toy or experience gift. It is minimalist and environmentally responsible as it reduces the packaging and waste that is such an issue with toys. Most parents will get on board if you are specific on the invitation as to where the money will be spent eg '(childs name) is saving towards a new bike' or '(childs name) loves the meerkats at the zoo and is saving to participate in the 'adopt an animal' program.
Start with saving 10% of my income and keeping track of my expenses. Subsequently increase the percentage. (Follow the principles of The Richest Man in Babylon by George S Clason)
Love this, “leaning in” to build up your savings and investing. Great book! xCC
Hello! Thank you so much for the giveaway! I'm happy to enter the competition. To save money I created an automatic bank transfer at the beginning of each month so I don't have a choice, "I can't spend money that I don't have"
Is that done when you get paid? xCC
@@SugarMamma Yes, I get paid the 30 or 31st so I set the automatic transfer at the beginning of each month :)
Selling books and household things we're done with on neighborhood FB groups.
I stop watching hauls and designer things videos
I stop drinking coffee ☕️ and wine 🍷
Also I started to but my kids secondhand clothes kids things are always new because they don’t use them for long.
I love hand me downs! Alcohol is an expensive one that can save so much! xCC
Already do that for years. Nothing new.
Another goodie
Oh thank you! The earning one will be even better! xCC
Automatic transfer each month to my savings accounts, shop my wardrobe, cook at home, bring coffee from home, stop buying trend make-up and clothes
Video starts at 2;00
I guess everyone who can just put the extra money they saved in a savings account, doesn’t need the money to live. I hardly buy new toys in a store, we always go to thrift stores. The money I ‘save’ I need for other stuff. Same goes for eating at home instead of buying on the go, or putting 5 dollar notes in a jar of ‘saving’ by being a minimalist. I save 1000’s a year but I couldn’t put that into a savings account 😏
Maaike van Dijk-Bokkers you still save that’s all good 👍🏽👍🏽👍🏽
Working from home is not very realistic for a lot of people
Sure, but there are jobs that you can do on Airtasker that are done remotely...xCC
The only hardest thing in my life is saving, I tried and tried but I end up spending it all 😭
Keep trying! You’re working hard so don’t beat yourself up!
The satisfaction you will get and the high that will come with your success is so worth it. Much better than the feeling you get of spending unnecessarily. That good feeling is so short lived and always followed by guilt and discomfort. Keep going, little steps Build up your saving muscle.
Peggy Stewart thanks for your advice I will 😊😊
Victoria Mather thanks 🙏
Hello
first!!! to comment..
Oh thank you! xCC
I use Acorns, which is now called Raiz in Australia
Do you like it? xCC
Yeh it’s pretty good! It just works well in the background of life
The $5 saving comes from the barefoot investor!
I didn’t actually get it from him, I got it from a subscriber, but a lot of people do this and have been doing it for a long time! xCC
Yeah lol, I thought someone might have been reading the book and commented it!...but GOOD tip.
Constance Goldwing, so true. So good we're sharing this tip recommended by such credible finance experts. I've just started doing it myself. Love it😊