Grow Your Cash Stash

These out-of-the-box ways to save are easy and stress-free, yet they'll get you that much closer to reaching your savings goals.

You have probably seen plenty of money management articles, but how many of them actually sound like fun? Indeed, too many of them throw up mind-boggling figures and concepts that usually involve self-deprivation, and promise to eventually lead to that dream house or retirement at the age of 60.

The good news is that there is a simpler way to build your personal stash – no working through complicated figures, or hunkering down and denying yourself basic pleasures.

Making simple changes to your mindset and lifestyle can still set you on that saving path. So here is our little cheat sheet.

1 Shopaholic On-a-budget

Shop smart and shop well. Consolidate your beauty, fashion and gifting purchases, and wait for major sales – the ones to look out for are Black Friday, 10.10 (Oct 10), and 11.11 (Nov 11). Remember to use cash back credit cards and shop via cash rebate apps such as Shopback. For designer items, think off-season or pre-loved designer items from curated sources such as The Fifth Collection, Style Tribute or Reebonz.

Instead of shelling out topdollar when you have a big event, consider renting from Rentadella, paying a monthly subscription for access to a stylish wardrobe at Style Theory or The Treasure Collective, or swopping items at Swapaholic.

2 Leverage Your Network