Easy way to save $7,500

Saving money isn't always the easiest thing to do. Society is geared towards spending it and thinking about the future isn't as fun as the instant gratification that comes with spending on enjoyable things. Some don't like to plan ahead either preferring to wing it.

Today I wanted to share with you a money saving tip that has been instrumental in saving me a total of over $7,500 and all for doing nothing more than sitting still in a chair. Seriously, I did no more than that! Read on...

Ok, so I'll step it out for you so you too can start saving some serious cash. It's not a difficult process really. Are you ready? Here it is...Marry a hairdresser and be with them for 32 years! That's it. You'll save money.

OK, so maybe this isn't the best financial advice here however for me it totally worked!

My wife and I were discussing this the other day, whilst I was having a hair cut. She was complaining about me wanting a hair cut every four weeks despite not really needing one. My logic was that I wasn't paying for it so why not? She didn't seem to like my logic.

Anyway, twelve hair cuts a year over thirty two years is just under $7,500 worth of hair cuts based on $19.50/cut and so I've saved that much!

I don't expect you to all rush out and marry a hairdresser now but isn't it interesting to calculate the cost of things we probably don't even think about and if we do, not over an extended period of time?

I made some more calculations below based on 32 years.

• 1 small coffee ($4) 5 times a week = $33,280
• 1 Big Mac meal ($10.05) a week = $17,472
• 1 packet of cigarette's ($30-$35) a week = $49,920-$58,240
• 1 chocolate bar ($2) a week = $3,328
• 1 pair brand name runners ($280) a year = $8,960
• 1 bottle wine ($25-$35) a week = $41,600-$58,240
• 1 vehicle speeding fine ($400) a year = $12,800
• 1 takeout pizza ($24) a week = $39,936

I think you sort of get the idea. It's a little mind-boggling when it's added up like that. I think back and wonder exactly how much money we've spent over that 32 years of being together. We don't smoke at all or drink alcohol very much so we don't have that expense of course, however we have a multitude of others! We were talking about it that day I was having my hair cut and we wondered how families bring it all together and make it work!

Most smokers smoke more than a packet a week and drinkers more than a bottle of wine a week so the numbers are realistically much greater than the above but the make a point nonetheless I think. Most families have to buy multiple pairs of runners, sports shoes etc. School fees, medical bills, insurances, food, cars, fuel, utilities social commitments, vacation's, clothing, electrical...It seems never ending.

Life is expensive but on a daily basis we don't tend to think about it in terms of a collective 32 years as above. I think this is why it's so difficult for some people to save money also. It takes so long to get a pile of it when saving slowly, little by little. Something comes along that the marketers tell us we have to have and generally there goes our stash.

I believe there's some financial stress on the way certainly in Australia, and probably globally, and the way forward for many is to change their ways and to make adjustments but many will not, or will try to do so too late to make a difference. It doesn't take much...You don't need to marry a hairdresser or anything, just think a little more clearly and responsibly. I work with mum and dad investors, some of the richest people in my state and everyone in between and the smart ones are making the adjustments I refer to in their own way and commensurate to their financial position. The rest? Well, they don't. It's a choice that is best made sooner than later.

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Design and create your ideal life, don't live it by default
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