Bhg
  • Shop
  • News
  • Food
  • DIY
  • Garden
  • Travel
  • Renovating
  • Decorating
  • Property
  • Health
  • TV
  • Podcasts
Bhg
  • Shop
  • News
  • Food
  • DIY
  • Garden
  • Travel
  • Renovating
  • Decorating
  • Property
  • Health
  • TV
  • Podcasts
Subscribe
YOU’LL NEED A WEDGE TO HANG THAT DOOR
Watch 6:32

YOU’LL NEED A WEDGE TO HANG THAT DOOR

{headline}

{headline}

Mum's amazing hack sees her save $37,000

Mum's amazing hack sees her save $37,000

Everything you need to know about money in your 40s

Everything you need to know about money in your 40s

Everything you need to know about money in your 20s

Everything you need to know about money in your 20s

7 ways to teach kids the value of money

7 ways to teach kids the value of money

{headline}

{headline}

7 ways to save money this Christmas

7 ways to save money this Christmas

How save money when you’re a renter

How save money when you’re a renter

How to save money while on holiday

How to save money while on holiday

{headline}

{headline}

Finance tips for young people

Finance tips for young people

How to reduce your expenses without sacrificing your lifestyle

How to reduce your expenses without sacrificing your lifestyle

The 5 simple hacks for saving thousands in months

The 5 simple hacks for saving thousands in months

The simple hack for saving $1,000 in a year

The simple hack for saving $1,000 in a year

How to pay off your mortgage in ten years

How to pay off your mortgage in ten years

The new money trend that could save you hundreds

The new money trend that could save you hundreds

Four clever indoor plant hacks to save money

Four clever indoor plant hacks to save money

  1. Home
  2. Better Life

This mum’s money saving hack has gone viral and will save you thousands a year

It's so easy! - by Olivia Hart
  • 14 Jan 2021
 This mum’s money saving hack has gone viral and will save you thousands a year

Whether or not you set New Year’s resolutions, going over your savings goals for the year ahead is a great task for January.

While big savings goals can seem unachievable and leave you with little to show at the end of the year, setting smaller goals using loose change can have surprisingly big results. 

One savvy mum had the same idea when she shared her simple money tip to Facebook that saved her thousands in one year by doing one simple thing.

"The challenge is every time you receive a $5 note put it away, if you break a note and get $5 then you put it away," she wrote to Facebook.

money in tin
Getty

Facebook followers took to the comments to share their own experiences with the hack, with many agreeing it helped them save money.  

For those that don’t carry cash, it’s suggested that at the end of each day you simply transfer uneven funds into a savings account. If your balance is $26.30 for example, then put aside that $6.30.

Another saving trend that went viral on social media recently promised to save you $5,00 by the end of the year.

Fun way to save $5K #savingmoney #howtotiktok #tiktokhowto #smallbusinesstiktok

“First grab yourself a money tin that can’t be opened, and obviously a cool notepad,” she begins.

“Then I’m writing the numbers 1 through to 100 dollars with a different amount on every sheet, and then shuffling them around so they are in a random order.”

All you have to do next is find somewhere to store the cash. She uses a padded mailing bag, however an envelope or jar would do.

She advises you pull either one sheet a day for 100 days or two sheets per week, and whatever the price written on the paper is, you must put that exact amount into the money tin.

You may also like

10 money saving tips everyone should know

Best budgeting apps: Top 7 money management apps 

The top 5 financial mistakes Australian's make with their money

  • Finance
  • Better Life
  • Hacks
Olivia Hart

Get your mag delivered!-Save 29% off the cover price!

Subscribe for $4.95 per issue

Subscribe Now
Get your mag delivered!

Get your mag delivered!-Save 29% off the cover price!

Subscribe for $4.95 per issue

Subscribe Now
Get your mag delivered!

Recommended to you

YOU’LL NEED A WEDGE TO HANG THAT DOOR
Watch 6:32

YOU’LL NEED A WEDGE TO HANG THAT DOOR

{headline}

{headline}

Mum's amazing hack sees her save $37,000

Mum's amazing hack sees her save $37,000

Everything you need to know about money in your 40s

Everything you need to know about money in your 40s

Everything you need to know about money in your 20s

Everything you need to know about money in your 20s

7 ways to teach kids the value of money

7 ways to teach kids the value of money

{headline}

{headline}

7 ways to save money this Christmas

7 ways to save money this Christmas

How save money when you’re a renter

How save money when you’re a renter

How to save money while on holiday

How to save money while on holiday

{headline}

{headline}

Finance tips for young people

Finance tips for young people

How to reduce your expenses without sacrificing your lifestyle

How to reduce your expenses without sacrificing your lifestyle

The 5 simple hacks for saving thousands in months

The 5 simple hacks for saving thousands in months

The simple hack for saving $1,000 in a year

The simple hack for saving $1,000 in a year

How to pay off your mortgage in ten years

How to pay off your mortgage in ten years

The new money trend that could save you hundreds

The new money trend that could save you hundreds

Four clever indoor plant hacks to save money

Four clever indoor plant hacks to save money

Bhg
  • About Us
  • Subscribe Today
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
Bhg Magazine Subscribe
  • About Us
  • Subscribe Today
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

Brands

  • All Recipes
  • BHG Shop
  • Girlfriend
  • Home Beautiful
  • New Idea
  • New Idea Food
  • Practical Parenting

Our Network

  • marie claire
  • Instyle
  • Beauty Crew
  • Who
  • Women's Weekly Food
  • Bounty Parents
  • That’s Life
  • Perth Now
  • The West Australian
  • 7Plus
  • Airtasker
  • 7NEWS
  • SocietyOne
  • Health Engine
  • Starts at 60
© 2021 Are Media PTY LTD
Get more from Better Homes and Gardens

Magazine Subscription Offer

Get your mag delivered!-Save 29% off the cover price!

Shop This Offer
Get your mag delivered!