Google AI
The Times Australia

Times Media

How to Save Money so You Can Get to Make Key Investments

  • Written by: News Company


Saving money is just one of those things in life where the answer is simple, but the execution leaves a lot to be desired. It’s similar to going on a diet – it’s all about calories in and calories out, but it doesn’t take into account cravings, lifestyle and many other aspects that can make accomplishing the task more difficult than it has to be. If you want your money to be able to work for you, it’s important to always have some on hand in the event that key investments need to be made. Unfortunately, such a thing is still easier said than done.

Save money without pulling your hair out

Thankfully you don’t have to do it while feeling around in the dark. There are a few guidelines available that can help you save money without drastic changes to your lifestyle, which is one of the reasons certain individuals are unable to save money. Being overzealous when it comes to saving money will only lead to frustration and a complete relapse to old spending habits, if not worse. Here’s how to properly save money so you can finally get to make critical investments.

Don’t restrict yourself completely

Saving money is all about making lifestyle changes and cutting out what you don’t need so that you’re able to keep more than you’re spending. While this is undoubtedly the long and short of it, many people go above and beyond, completely restricting themselves and suffering for it. Unfortunately, this can lead to worse spending habits down the line as denying yourself little luxuries can be an unfortunate source of frustration. If you’re the type who enjoys luxuries like online gaming through Unibet, don’t just cut it out of your life. Limit the little luxuries, but don’t restrict them completely. That way, you’ll be able to save money while not feeling miserable every step of the way.

Concentrate on paying off credit card debts

While this indeed goes without saying, there are still so many people out there who fail to realise just how much they’re spending through interest. Having credit card debt in the thousands and keeping it that way for even only one year can cost a fortune in interest - and it can make saving money for investments almost impossible. Before you’re even able to think about moving forward, the very first thing that needs to be accomplished is the consolidation of debt - especially credit card debt. That said, follow the first guideline and ensure that you aren’t restricting yourself while paying off your credit card debt.

Saving money is all about dedicating yourself to that goal. You don't need too many steps to be able to successfully save and make some cash, as there are only two milestones more important than any other. The first is that you still take steps to enjoy life and not restrict yourself, and the second is to consolidate debt. If you’re able to accomplish this, saving money and making investments will no doubt come soon after.

Image: Pixabay.com

 

 

Property Times

Four Numbers First Home Buyers Should Run Before the Spring Listings Land

Rates are on hold, listings are about to surge, and the thresholds that decide what help a first home buyer gets have moved. Here is the maths to do before you fall for a listing.Spring is when Australian property wakes up. Listings climb through Sep...

Where to Escape This Winter: Marnong Estate

As the temperatures drop, the appeal of escaping the city for rolling vineyards, long lunches and a glass of cool-climate red becomes hard to resist. Just 35 minutes from Melbourne's CBD, Marnong Estate is emerging as one of Victoria's most compell...

Major Health and Wellbeing Hub Breaks Ground at Essendon Fields

Work is now underway at 74 - 76 Hargrave Avenue following a sod-turning ceremony on Thursday, marking the latest stage in the continued transformation of Essendon Fields into a major mixed-use destination. The 4,054-square-metre development will b...

Australia's Housing Market After Labor's Tax Changes: Did the Predicted Property Crash Arrive?

Several months after changes to property investment tax settings, Australia's housing market has delivered a more complex picture than many predicted. When the Federal Government announced changes affecting property investors, some commentators wa...

Food & Dining

Martha’s Is Turning Its Cult Cinnamon Scroll Into a Giant Cake

Sydney’s favourite cinnamon scroll is getting a very big birthday upgrade. There are few things better than a warm, sticky cinnamon scroll. Unless, of course, it’s a giant cinnamon scroll big enough to share. To celebrate its first birthday, Sydney...

An Australian Bride and Groom Have Gone Viral After Swapping the Traditional Wedding Cake for Pizza Hut at Their Reception

Hilarious content has been captured of the moment the Pizza Hut delivery guy arrived at the wedding reception to hand deliver the pizzas to the bride and groom, who proceeded to use pizza cutters to ceremoniously cut slices, in a cheeky nod to the ...

The Baby Food Aisle Is About to Get a Shake-Up: Odi Launches in Australia.

Australian parents now have a new option for feeding their little ones, with New Zealand-founded baby and children’s nutrition brand Odi Nutrition officially launching across the country. Founded by clinical nutritionist, nurse and mother of four ...

Caffie Energy Water Launches a New Way to Drink Energy

Australia's beverage landscape welcomes an entirely new category, with Caffie Energy Water launching nationally from 1 September and giving consumers a new way to enjoy refreshment with a boost of energy. Made with Australian spring water, Caffie ...

Business Times

Why Australian Leaders Can’t Prove Their Pay Is Fair

Australia is entering a new era of transparency at work. Gender pay gap reporting, stronger employee pay-transparency right...

Domino’s Unveils New Brand Platform and a Bold New Era of Craveab…

Domino’s Australia is putting craveability front and centre with a new long-term brand platform, the return of its supersiz...

The Long Way Back From Business Failure

What rebuilding from a Brisbane hostel taught me about accountability trust and starting again In September 2025, the busine...

Technology

Nikon Is Developing Nine New Cinema…

Nikon is developing a new series of nine NIKKOR Z CINEMA T1.9 VV cinema lenses, designed for cinem...

Local News

Fitstop Global Games to Bring 1,000…

The Australian-born fitness brand is bringing its global competition home, with athletes from across...

Culture

AI Health Coaching Pilot Shows Potential to E…

Early results from a New Zealand primary care rollout suggest AI could help health teams reach sig...

Travel

Cairns Esplanade Lagoon — the stage where Cai…

“All the world's a stage.” Shakespeare wasn't writing about Cairns when he penned that famous lin...

The Times Features

Fitstop Global Games to Bring 1,000 Athletes to Brisban…

The Australian-born fitness brand is bringing its global competition home, with athletes from across...

AI Health Coaching Pilot Shows Potential to Extend Prim…

Early results from a New Zealand primary care rollout suggest AI could help health teams reach sig...

Buying Continence Protection for the First Time? Start …

You’re standing in a pharmacy aisle, faced with different absorbency levels, sizes, pads, pull-ups...