This $1,000 parcel came from a variety of different sources and an appropriate reminder how little things do really add up! Here is how I saved $1,000…
$80 – Quiet weekend in with Rocco – May
$150 – HCF Medical refunds
$100 – Quiet weekend in with Rocco – another weekend in May
$220 – Market Research work
$100 – I did my own make up for an event rather than getting it professionally done
$50 – I took my lunch to work 5 times during the month
$70 – Gave myself a home facial instead of my usual beauty salon
$200 – Saved $200 from buying a dress for an event of High End instead of a new dress
$30 – cash left over in my wallet from the end of my monthly budget
As I had a little bit of money left over from my last purchase, I was able to buy $1,020 worth of stock and after my research through Morningstar, I invested in Spotless Group (SPO) with 880 units bought. This means that according to my Morningstar research, my estimated passive income is now $1,212 p.a. which means that I am 60% of the way there!
Only 2 months to go….! The pressure is on!
Canna Campbell is the founder and director of SASS Financial Services, a boutique financial planning firm. She is a Channel 9 Financial Commentator, founder of financial media platform SugarMamma.TV and best selling author of The $1000 Project and Mindful Money.