Photograph of four Australian $50 notes and on the right hand side the statement, Five weekday habits to find an extra $12740 a year in your budget

Small habits can really add up. This year I am more focused with wanting to buy a house at the end of the year and I thought I’d share with you how I have applied behavioural economics theory to change some of my weekly routines to hack my budget. Here are some items I change up most of the time to find extra money in my budget. These 5 small weekday habits can help you to find an extra $245 a week or $12,740 a year in your account for travel, paying debt or saving for a house! Disclaimer: I’m a millennial so I defo still budget in brunch at the cafe with friends once a week although I’m a sucker for bacon as opposed to avocado.

This is a photograph showing Kimberly holding a cup of coffee and on the right hand side it says make your coffee at home1. Skip your morning coffee

$4 a day, $20 a week – saving $20

One habit I have managed to cut down was the two barista coffees I was buying each day. I still buy a few coffees a week but try to keep this for social coffees rather than a daily habit.

The pods I use in my home machine are called Urban Brew which are an Australian company producing biodegradable pods to fit any pod machine and use ethically sourced coffee. Photograph of Kimberly's meal prep and on the right hand side the statement bring your lunch2. Bring your lunch instead of buying a sandwich at work

$10.00 a day, $50.00 a week – saving $50.00

My rule regarding lunch is I don’t buy my lunch unless it’s something social. I don’t mind bringing my lunch from home and it’s a part of my routine.A photograph of Kimberly wearing her cycling clothes and on the right hand side the comment Bike or walk to work3. Bike or walk to work instead of catching the train for a week

$7.00 a day, $35 a week – saving $35

An item I have been paying for consistently since I fractured my spine has been train transport as at the moment I cannot ride a bicycle unfortunately but normally I enjoy the cycle, leaving on my own time and the health benefits cycling brings.Photograph of chicken, vegetables and rice and the statement plan or cook your dinner4. Plan and cook your dinner instead of getting Uber eats or takeaways

$40 for grocery ingredients for four days vs $80 on takeaways – saving $40

Again, unless it’s social and actually sitting in a restaurant I cook at home and I try and keep my weekly grocery spend to $40 in line with my $40 grocery challenge. I’m not a big fan of Uber Eats and rare the times I have used it in the past I feel frustrated that it’s cold, soggy, squashed or not what it should be. I’m happier eating food I make or dressing up in some nice clothes and having a lovely social sit down dinner at a restaurant with friends.

Photograph of Kimberly's pizza and the comment invite your friends around for dinner and drinks5. Invite your friends around for dinner and drinks instead of going to the pub on Friday night:

Budget in the pizza ingredients as a part of your groceries $20 for a bottle of wine vs $100 on food and drinks at the pub – saving $80

A big change I made this year was setting up a consistent event with friends at my house on Fridays. I cook different homemade pizza and they all bring their own wine. Occasionally I go out but the weekly pizza night has been more fun.

In summary

There’s always something more you can do to change up your routine and hack your budget.

What small changes do you make to make more room in your budget?

The Economiss is a single, female, millennial on a mission to buy her first home in Australia. A Kiwi by birth, she jumped over the ditch after she finished her tertiary qualifications in search of employment. The narratives quite often showing up online overshadowed her thoughts of buying a house alone changed in 2017 The Economiss started super charging her finances and saved over 30% of her after tax income towards her house deposit as well as cash flowing four overseas trips. In 2018 The Economiss decided to create a new narrative and share her journey saving 36% of her after tax income for a $60,000 house deposit by December 2018. Do you have some tips to share or want to be featured on the blog, please get in touch!

5 small weekday habits for you to hack to find an extra $12,740 a year in your budget

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