Invest in an espresso machine – A cup of takeaway espresso costs about $4 but made at home costs about $1 to make. If you had 2 cups per day thats a saving of $6/day or $2,190 per yea
Buy Homebrew equipment – Coopers Homebrew beer will costs about $6/carton. Commercial beer is about $40/carton. Assuming you drank 1 carton a fortnight that’s a $884 saving per year.
Pay off Old Bills – a tax return can be the best way to catch back up. Some bills also have high interest rates.
Wipe out High interest debt – If you have debts put it all on the debt with the highest interest
Create an emergency fund – To protect against financial disaster you need 6 months of savings.
Top up your Superannuation – It’s hard to find a better investment than superannuation, it’s low tax and it has the benefit of being difficult to touch.
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