A few months ago I stumbled over an article that changed everything. I have never been a saver, I have never saved anything. I like to spend money, money, spend money, money, monnnney BUT I always wanted to be good with money and build a nest egg for our little family.
Don’t get me wrong, I pay our bills, I budget and I make it work BUT I do like to drop the odd bit of dosh here and there – the left over bits that I should probably be saving ... you know, those bits.
Anyway, to the point – this is SO SIMPLE I almost can’t believe it. It’s called ‘The Rule of Fives’ and you guys it is so darn easy ... NEVER SPEND A $5 NOTE AGAIN ... yes, you read that right! Marie Campagna Franklin is the bloody legend and total lifesaver behind the Rule of Fives.
Over the last few months I have saved somewhere in the range of a thousand dollars! NO JOKE. I had no idea I spent so many $5 notes before! I pop all of my notes in a little money tin (you know those ones you can’t open without a can opener, because let’s be honest – I know myself … I need those kinds of restraints) and I happily think about how much money I am saving and how easy it is to do. I’m proud as punch that I’ve built us a little nest egg to fall back on – saving money feels good!
Here are Marie's top tips:
- Go old school. Use money instead of plastic.
- Use cash for everything. Your morning coffee, lunch, petrol etc etc.
- Stick to the rules! Seriously, sticking to it is what makes it so successful. Get used to the idea that $5 notes DON’T EXIST anymore.
- Stick with it for life.
- Be firm. As Marie would say … "....Firm. No negotiation. Nada. No."
I can’t tell you how rewarding this has been – Marie is literally a financial lifesaver and if this post helps even one of you succeed like we have then I will be totally chuffed!
Yours in fives (yep totally ripped that line from old mate Maz),