There are endless lists of saving tips out there. In this blog, I’d like to share the strategies that I think work the


Automation is the key

Start at the source. Save first and then spend. Automate your incoming wage by setting up different bank accounts with zero fees. For example, set up an investing account, holiday or emergency account and automatically transfer scheduled payments each week after your pay goes in. This way you don’t have to worry about spending the money and you’ve already won the week. All the tools to forecast and plan for this are in Investment tracker.




Another automated tool I love is Raiz (The old Acorns). Raiz works by rounding up your purchases on your credit/debit card to the nearest dollar and saves the difference.

ie: You buy a coffee for $3.50, Raiz will round the purchase up to $4.00 and invest the 50c.

Micro investing soon adds up. You choose your investment portfolio and you can also add extra repayments at any time with an easy to use app. With the power of compound interest this is a great way to build a nest egg for whatever you choose.



Live within your means

If you’re not living within your means you won’t be able to save, simple as that. Go through your reoccurring expenses and chip away at them either eliminating them or reducing them. Cut up your credit cards (unless you can pay them off monthly interest-free and they are offsetting your mortgage) Reduce bad debt ASAP.


We are bad for hoarding things we hardly use. Go through your house and sell all the things you don’t need. Sell it online or have a garage sale. You will feel refreshed and have some extra cash in the back pocket.

Loose Change

An oldy but a goody. It’s amazing how much a coke can full of gold coins actually amounts to ($300 – $500). I say a coke can as you can’t get the money back out without cutting it open, it’s a nice little fail-safe device so it doesn’t get raided. When you go out, gold coins go straight into the pocket or a place in the handbag. Don’t touch them again until you get home and can get them into the savings jar. Use your notes and silver coins at all costs, the goldies are forbidden.

Pro tip: Up the ante to $5.00 notes as well.

Track and stay motivated – Watch your savings grow

” Anything that is measured and watched improves.” (Bob Parsons) Investment Tracker can again help you with this.

Checking up on progress will not only keep you inspired but it will also help you identify problems so you can fix them quickly.



For further general saving tips, please refer to the links below.

Good Luck!

How to Save Money: 100 Great Tips to Get You Started