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YOU’LL NEED A WEDGE TO HANG THAT DOOR
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  1. Home
  2. Finance

How an empty cola bottle can save you money

Three clever hacks. - by Laura Barry
  • 24 Aug 2018

Saving money and getting ahead is a goal everyone can relate to, and hacks that can make saving a little bit easier, and a little more fun are always welcome. Here are three savings hacks that can help you get ahead with little to no effort, and some are even fun enough for the kids to try.

Saving hack #1

The empty soda bottle

coca cola sprite fanta
Getty

Next time you polish off a 600ml bottle of soft drink, wash it up, dry it out and use it as a piggy bank. Every time you get a $2 coin, pop it in the soft drink bottle. It’s thought that a 600ml soft drink bottle can hold somewhere around $880 worth of $2 coins.

Alternatively, little tykes can start with a 250ml bottle which will hold around $350 worth of $2 coins.

If you’re someone who uses lots of cash, try taking this hack to the next level and start dropping your $2 coins into an empty one litre bottle, which will around $1500 worth of $2 coins.

Savings hack #2

The 52 week challenge

Australian bank notes money
Getty

The 52 week savings challenge is simple and easy, and will see you pocketing $1378 at the end of it.

The idea is you save the same amount of money as the week of the challenge you are in. For example, week one you would save $1, week five you would save $5, week 10 you would save $10 and week 52 you would save $52.

Saving hack #3

The bad habits jar

glass jar full of coins
Getty

Revisit the concept of a swear jar. Or a bad habits jar.

If you, your partner or kids have some bad habits such as swearing, nail-biting or forgetting to make the bed, put together a bad-habits jar and penalise them $1 for every offense. Not only will this break bad habits quick, but you can allocate a jar to each family member and once they hit the one-month mark of breaking the bad habit, they’ll have a little sum of money to go shopping with or put towards something special.

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Embrace the art of haggling and save money

  • Finance
  • Better Life
Laura Barry
Laura Barry
Laura Barry is a writer, bookworm and interior design enthusiast with a love for reporting on all things homes, travel and lifestyle. When not tapping away at her keyboard, Laura can be found making endless cups of tea or perusing the shelves of Sydney’s many bookstores.

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

YOU’LL NEED A WEDGE TO HANG THAT DOOR

{headline}

{headline}

5 legal ways to reduce your capital gains tax on investment property

5 legal ways to reduce your capital gains tax on investment property

How you can save money on your home loan by going green

How you can save money on your home loan by going green

Five important financial decisions to make this January

Five important financial decisions to make this January

This is how long it takes to save a home deposit in Sydney

This is how long it takes to save a home deposit in Sydney

{headline}

{headline}

The potential property hotspots for 2020

The potential property hotspots for 2020

The January 2020 changes all first home buyers need to know about

The January 2020 changes all first home buyers need to know about

7 ways to slash your bills in the New Year

7 ways to slash your bills in the New Year

{headline}

{headline}

Why you should reconsider hosting an open house inspection

Why you should reconsider hosting an open house inspection

Three things you should never do at an open house inspection

Three things you should never do at an open house inspection

Mortgage words first home buyers need to know

Mortgage words first home buyers need to know

6 Christmas budgeting tips to keep your credit card in check this year

6 Christmas budgeting tips to keep your credit card in check this year

4 financial spring cleaning tips to complete before December

4 financial spring cleaning tips to complete before December

How to choose the right home loan for you

How to choose the right home loan for you

Simple things you can do to increase the value of your home

Simple things you can do to increase the value of your home

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