My saving tricks for 2020

Hi guys!

Towards the end of 2019 I went to Europe for 4 weeks before Christmas and then over new years I had ANOTHER 3 weeks off.

Because I hadn’t accrued enough annual leave yet I went this whole period unpaid and I made sure I saved enough so that I wasn’t struggling.

We’re now a month into 2020 and I’m now working on saving those funds again so that my boyfriend and I can go to the U.S. next year. So, because I did a swimmingly good job at saving last year, I figured I would write a post about my top 5 saving techniques that did me a world of good in 2019:

  1. Do up a budget

I had to do an Excel spreadsheet course last year after my boss realised I truly am (was) hopeless with the whole program. Truth be told I am hopeless with numbers, as soon as they started adding the alphabet to math I was a goner. BUT, I found doing up a budget of my weekly and monthly expenses in Excel incredibly helpful for saving. Having my weekly pay plus all of my expenses in front of me helped me work out how much money I actually had left over and effectively stopped me living beyond my means. If you are not Excel savvy, there are many free online budget templates that you can download and are easy to follow.

2. The $5 challenge

I came across this challenge a while ago, it was first brought up by Marie Franklin who last reported that she had saved $40,000 USD over the course of 13 years just by saving every $5 note that came into her possession. This saving trick is especially easy if you grab coffees on the reg (guilty) because honestly before you know it you’ll have $50 worth of $5 notes in your wallet and will need to deposit. Last year, I used my $5s to pay for my car rego and insurance and it didn’t feel like I lost any money because my savings didn’t take a hit in the bank!

3. The $2 Coke Bottle Challenge

Can you tell i’m a fan of a savings challenge? I’m still doing this challenge that I started last year. I came across it on this post and I guess only really works for $2 Australian coins. The idea is that you take an empty coke bottle (600ml or 1 litre) and fill it with $2 coins. A 600ml bottle effectively saves you $880 and a 1 litre bottle saves you $1510, How could I say no? I started this challenge with my mum and dad and I think we all thought we would reach the $1510 a lot quicker than what we thought! While I was overseas I’m pretty sure someone took money out of my bottle (My dad thinks his got jipped too). But I am aiming to have it filled by this August-September so that I can buy a plane ticket (go figure).

4. Bringing a packed lunch to work everyday

Last year I started working full time, I would often run late in the mornings and just say to myself (I’ll just buy a frozen meal from Coles). What could be the harm, right? WRONG. I was doing this roughly 2-3 times a week for two months, average meal costs $5.50, we will average the meals out to 2.5 frozen meals a week for these two months, that is $55 gone just because I wasn’t organised enough to make up something at home? I know, $55 over 2 months doesn’t sound like much, but it’s not a good habit to have when trying to save because those costs do add up! Bringing a packed lunch to work everyday can make SUCH a difference to your weekly expenses and how much you can dedicate to savings each week.

5. Take up a hobby

I found last year that going skiing in winter and spending a lot of my afternoons at the gym stopped me from mindlessly spending my money on things I don’t need. I am not saying take up skiing, the only reason this is effective for me is because I do not have to pay for accommodation. What i’m saying is find something that will keep you occupied in free afternoons, whether that be the gym, taking your dog for a walk, reading, whatever it is, just not shopping. And from personal experience, not netflix that you watch on your laptop because that inevitably lead to online shopping for me.


Those are my money saving favourites, I hope they can help you out a little as well. Happy saving my friends !

Kathryn x

Afterpay management class

I know some of us can admit to being an absolute afterpay fanatic. I for one love to chuck a few of my spontaneous, impulse purchases onto my afterpay account. However, it’s important to do it in moderation and to not rely on the fact that “future you will handle it. One thing I found over the Christmas and New Year period is that those little ‘$22 per fortnight payments’ add up if there is 6 of them going at once. I thought I would write a tiny post about how to manage them properly so you’re not having to accrue interest on the payments because you can’t pay them in time (we’ve all been there).


  1. Make purchases on alternate weeks

If you have a couple of events coming up or its a seasoned sale, try making your afterpay purchases on opposite weeks so you’re not having 3 lots of $20 come out in the one week. While $60 isn’t a lot, with other bills to pay it can make all the difference with organising them to come out weekly and not fortnightly.

  1. Enable notifications on the Afterpay app

Having the payment notifications enabled on your Afterpay app can allow you to be more wary of what needs to be paid and what has been paid. If you’re forgetful like me it can be a nasty shock to have random payments come out at once when you had plans for that money (food in my case). It’s overall handy to have the app downloaded to your phone anyway because the emails aren’t as much of a push to pay (for me at least).

  1. Try paying off a couple small ones when you get paid

When you get that sweet sweet paycheck into your account, try to pay off one or a couple of your afterpay payments while you’re paying your bills. Not only does it lessen the old afterpay debt it makes you feel organised af and means you can worry less about another purchase you’re gonna whack onto afterpay.

I know these are fairly straight forward and some of you probably already do this, but sometimes it’s nice to have a little (rather upsetting) reminder that money doesn’t grow on trees and we gotta be conscious of how many hits the old spendings account can take (mines about to cop a sephora order, ouch).

Happy spendings!

-Kathryn xx

The $5 Challenge

We’re now over a month into 2019 (just) and I started this year adamant that I would stick to my new year’s resolutions.

Now I know you’re thinking ‘don’t we all’ but I’ve decided to join the saving craze that is the $5 challenge. I first heard of it from my father who has been doing it for two years, however this seemed easier said than done for an 18 year old uni student who only worked as a pizza shop employee to then a waitress and now working in administration (also moonlighting as a waitress). Either way, I know how hard it is to save money whilst having to pay for: textbooks, parking, the coffee you need before every class, and that weird organic phase I’m certain 80% of uni students go through.

Before committing, I researched (as everyone must do before commitment am i right). I’ve been searching success stories to find that the woman who brought it to the internet has saved over $40,000 and counting. Marie Franklin started this saving technique after having paid for a toll with a 20 bill and receiving three 5 dollar notes back. She states she essentially pocketed the $15 and never spent it and in doing this she never missed it. As someone who always manages to find SOMETHING to spend her money on, I’m willing to give this a go.

Doing this challenge is important for me as I’m hoping it will help me be better with my money, as I have this goal in paying for a home deposit by the time i’m 26.

The aim of this challenge is to essentially take whatever amount you’re happy with out in cash and every time you get a 5 dollar bill you save it. I began the year only taking out $100 a week but now that I’m back at work I’ve started taking out $150. This is a good amount for me personally basically because I grab a coffee before work every morning and if I’m going to my other job afterwards I’ll try and grab a salad or something light afterwards.

Here’s the truth thought, I don’t mind the occasional night out where to be perfectly honest I don’t know what goes through my mind half the time. So really I could spend between $20-$150 on any given night. I’m aiming to combat this by withdrawing more each week in the lead up to a night out so that when it comes to the date I have enough cash to get me through the week so that I can just pay for my night using my card (which I’ve limited to $100 just because let’s face it, I’m a light-weight).

To do this challenge essentially involves heavy planning of funds and will power (or if you have no will power like me, make it a competition). To make things even harder for myself I’ve agreed to go away with my partner & his family in November for 4 weeks. Live a life worth living they say!

I’ve already become a hoarder of my $5 notes and I’m trying to figure out other ways to save. I found this article written by KidSpot that says a great way to save is putting $2 coins into a 600ml Coke bottle equals to roughly $1000. Doesn’t that just sound too easy?

Let me know of saving techniques you may have!