How to Save $10,000 in a Year (Australia 2025 Edition)
How to Save $10,000 in a Year (Australia 2025 Edition) Saving $10,000 in a year may sound like a huge goal — but with a structured plan and consistency, it's absolutely doable in 2025. 1. Break It Down $10,000 a year = $833 per month or $192 per week. Start with that number in mind. 2. Follow a 12-Month Challenge January – Cut non-essential subscriptions February – No eating out month March – Sell 3 unused items ...and so on Create a fun challenge list to stay motivated! 3. Use Separate Savings Accounts Open a high-interest online savings account and nickname it “$10K Goal”. Keep it out of sight and out of mind. 4. Automate Weekly Transfers Set up an automatic transfer every payday. You won’t forget or “accidentally spend it”. 5. Track Your Progress Monthly Use a printable savings tracker or a spreadsheet. Seeing progress boosts momentum. 6. Don’t Be Afraid to Adjust If you miss a week, don’t quit. Adjust and keep going. Life happens — progress mat...