How to make $7,000 FAST: Finance pro, 25, with a net worth of $500K reveals her eight saving secrets
- Queenie Tan, 25, has an impressive net worth of half a million dollars
- The Sydney finance guru has now revealed eight ways to save $7K in 12 months
- The tips include making work lunch at home and selling items you don’t need
- She also recommends using credit card rewards and high interest accounts
A finance guru with a combined net worth of half a million dollars has revealed how to save $7,000 in 12 months.
Queenie Tan, from Sydney, detailed eight different ways to save money that requires little effort to do.
In a pie chart image shared online, the 25-year-old recommended making work lunches at home, selling things you don’t need, using credit card reward programs and switching out from an ‘underperforming super fund’.
Queenie Tan, from Sydney, (pictured) detailed eight different ways to save up to $7000 a year that requires little effort to do
In a pie chart image shared online (pictured), the 25-year-old recommended making work lunches at home, selling things you don’t need, using credit card reward programs and switching from an ‘underperforming super fund’
By making your own work lunch rather than buying out or ordering from food delivery platforms, you can save at least $2400 a year – assuming the meal costs $10.
Switching super funds can also possibly save you $1500 and changing electricity, phone and internet providers could help you save up to $900.
Queenie raves about using credit card rewards programs, such as frequent flyer cards, to save money you would’ve otherwise spent on flights.
Some programs allow you to save as much as $900 depending on how often you use the credit card.
But before signing up, it’s important to check the fine print, as some credit cards have an annual fee of up to $400.
Queenie and her boyfriend Pablo (pictured, right) earn $10,000 a year and quit their jobs last year to focus on their YouTube channel
By making your own work lunch rather than buying out or ordering from food delivery platforms, you can save at least $2400 a year – assuming the meal costs $10 (stock image)
Queenie also recommended using Cashback apps to save $100 and keeping your savings in a high-interest bank account.
Using energy-saving appliances, such as lights and kitchen devices, can help reduce your electricity bill by $200.
‘What are some of your favourite ways to save money?’ she asked her Instagram following of 31,000 people.
‘I’m definitely a big fan of the credit card reward points since it’s basically free money for spending what you were going to spend anyway,’ one person wrote.
‘Making your own lunch and own coffee is the biggest!’ another added.
A third wrote: ‘Switching from an underperforming fund can most definitely save you $1500 in annual fees if not more.’