A single mom and financial advisor has revealed the eight things she did in March to increase her income by more than $ 1,400 – and how you can too.
Sydney-based Canna Campbell takes on two financial challenges every year – dubbed Frugal February and Manifesting March – where she saves and saves as much extra money as possible to invest for the future.
After saving $ 750 in February, Canna managed to earn $ 1,416 outside of her salary in March.
‘Manifesting March is all about seeking the opportunity to grow, earn, create extra money and manifest within 31 days,’ Canna said in a statement. Youtube video.
So how did she do it?
A single mom and financial advisor has revealed the eight things she did to increase her income by more than $ 1,400 in March – and how you can do it too (photo Canna Campbell)
1. Sell some clothes
The first thing Canna did was search her wardrobe and sell all the old clothes she no longer wore or needed.
‘I used March’s excuse to sell all my old clothes I no longer needed and put them up for sale on my Instagram account, Gumtree and eBay, ”Canna said.
You will often be amazed at how much other people are willing to pay for items you no longer find wearable.
First thing Canna (pictured) did was search her wardrobe and sell old clothes she no longer wore or needed
2. Conduct market research
The second thing the financial advisor did was sign up with as many market research firms as possible.
Canna said conducting market research never takes up much of your day, and often the studies are conducted online or through Zoom – meaning you don’t even have to change locations.
Studies can pay about $ 100 and more if you are fast and flexible with them. All of this is good money that can be saved and invested for later.
3. Used her Dine and Discover vouchers
Third, Canna said she used her New South Wales government vouchers, allowing people in the state to spend $ 100 free cash on dining out and experiencing.
“I jumped online and downloaded my Service New South Wales app,” Canna said.
“Then I could eat out and do things like go to the movies almost for free.”
Got some dividends
Canna was lucky enough to receive some dividends from two-dimensional assets during the month of March, all of which she quickly saved and invested immediately.
“I didn’t do any work to earn those dividends; that was my money that worked for me, ”she said.
‘I try to see money and passive income as a waterfall. It is a continuous flow of money in your life. ‘
Canna (pictured) was able to make some ‘random savings’ in March like $ 50 when she needed new sneakers and a $ 25 voucher she didn’t know she had from The Iconic
5. Random savings made
Canna was able to make some “ random savings ” in March, such as $ 50 when she needed new sneakers and a $ 25 voucher she didn’t know she had from The Iconic.
Every time she saved or made extra money, instead of just spending it, Canna invested it in her Manifesting March fund and contributed to the $ 1,416.
6. Embraced thrifty habits
Some of the habits she tried in February continued in March, according to Canna.
These include drinking coffee at home, having lunch at work, and doing her own pedicures and facials.
“All of these things add up and they are good for trying all year round to make big savings,” she said.
Canna (pictured) was lucky enough to get her tax return in March as it was too late and she was told she wouldn’t be getting much this year as her investments were cash flow positive
7. Invested her tax return
Canna was lucky enough to get her tax return in March as it was too late and she was told she wouldn’t be getting much this year as her investments were cash flow positive.
“My tax refund ended up being double what the accountant said,” Canna said.
This money was deposited directly into the Manifesting March fund.
8. Embraced cash rewards
Shopping through certain websites or apps such as Cash Rewards or Shopback is free money that will be returned to you ‘tax free’.
Canna said that by changing her life just a little bit, she could make some extra money.