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Making and saving money: sharing your ideas and hacks

In this episode of The Australian Finance Podcast, Kate Campbell and Owen Rask share over twenty different ways that our community are saving and making money in 2023.

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👀 Our community money ideas and hacks

Selling old clothes

I sell old clothes and regularly listen to finance podcasts, so that I can make better choices in the future. Years ago I tried mystery shopping but found out that the activity took more time than the reward was worth. 🤷🏻‍♀️

~eviegoestooz

Market research

•Spoke up when I noticed I wasn’t being remunerated correctly.

•Started investing to start growing a passive income stream w/ dividends to be reinvested.

•Identified my money goals and values and aligned my spending and saving with my goals to cut wasteful habits.

•Started doing surveys and market research for $$ and return and earn for extra $$ to invest.

•Taking extra shifts on weekends 2x per month to add to my emergency fund and investments.

~ranirana19

Changing careers

Quitting my last workplace that undervalued me and found a job somewhere that values me correctly and also is interested in investing in and helping me grow.

~cheeeeeburger

I’ve been able to turn two of my hobbies/ passions into both a side hustle and use my knowledge to increase my primary job’s wage.

Passion turned side hustle

I turned my passion for manicured lawns and gardening into a great side hustle, offering lawn plans and vegetable growing guides for sale via my social media channels. I was also able to use my understanding of technology to become an SME and play a vital role in system implementation, significantly increasing my wage in the process.

~camkos14

Skillshare

Taught classes online on skillshare.

~ollie_n_millie

Nappy cakes

I have had a little side hustle the last few years making nappy cakes for baby showers gifts etc! Great as a creative outlet due to the science nature of my work, and has given us a bit of extra cash to afford holidays whilst studying and now as extra cash flow for our own little bub 🥰

~driftingwithfire

Mobile massages

I started my own mobile massage company and when I didn’t have patients I’d do food delivery too💪🏽 the hustle is real😁 (and I love yours and Glen’s podcasts 🙏🏽🙏🏽)

~josebarra

Van life

I have monetised my debt. Rented out my home and moved into a van. Instant 50% pay raise

~brenton_minshall

Pet sitting

I’ve made more money over the last few years by doing pet sitting, I can work from home at someone else’s home and earn extra money doing what I’d otherwise just be doing at my own home anyway, plus cute pets are involved too so that’s always a plus 😄🐱🐶💰

~rebeccaelleno

TV mounting

After hours and on weekends I’ve offered TV brackets/mounting via an outsourcing task platform. It’s surprising how that extra income completing something you enjoy builds into something substantial over time! 😃

~spencerjames2013

Podcast resources

🔥 Enjoyed this episode? You’ll love Kate’s Financial Independence, Retire Early Course on Rask Education (free for Rask Core members).

Don't look down for great deals 👇

📱 Pearler, the broker for long-term investors.

Sign-up to Pearler using the code “RASK” for $15 of Pearler Credit and learn more about Pearler Rewards here.

🌏 Betashares ETFs

Discover the broadest range of Exchange-Traded Funds (ETFs) in Australia on betashares.com.au.

💸 PocketSmith, a productivity booster for your money.

PocketSmith is not just a budgeting app, it’s an advanced tool that connects to nearly every bank worldwide. Basically, it’s a productivity booster for your money. With PocketSmith, you can organise your money your way and even collaborate with your household and advisors.

Ready to manage your money like a pro? PocketSmith has a special deal for Australian Finance Podcast listeners. Click here to get 50% off your first two months of PocketSmith’s Foundation plan.

The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

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