For some, saving money can be as easy as downing three slices of New York cheesecake in one week (which this writer definitely did not do), while for others, saving is… difficult, to say the least.
Putting aside money from your paycheck for a rainy day – or something bigger, like a house deposit, wedding or new car – can be tricky, especially if you earn peanuts and rent in Sydney. Or anywhere, for that matter.
But saving is particularly hard because it ain’t fun. It means going without – whether that’s forgoing dinner and wine out to stay in and cook at home, or nixing your beloved daily coffee habit.
Watch: Mamamia asked money expert Michelle Hutchison about how to have a stress-free approach to spending this Christmas.
Which is why we must commend those who have managed to save, well, anything.
So with Christmas at our doorstep and New Year’s around the corner, we thought there’d be no better time to ask a diverse range of women exactly how much they have saved in the bank – and to share their best money-saving tips.
Because let’s be honest, we all really want to know how much each other earn, but we’re too polite to ask.
10 women share how they save money.
"I have $28,000 in my savings. My partner and I were originally saving for a house deposit, but in the meantime, we've turned our attention to saving for our wedding and honeymoon. I find it best to create savings goals for myself. At the moment, I try and put away 30 per cent of my paycheck when I get paid. Most months, I don't touch that chunk of savings, but sometimes big expenses or things like birthdays/events will come up and I have to dip into that. I very, very rarely buy myself lunch at work and I'm not a coffee drinker, which helps."