Best Way To Make Money From Marketing Manager Queenie Tan, Who Has A Net Worth Of $ 500,000: Simple Exchanges Could Save You Thousands

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A marketer with a net worth of $ 500,000 revealed the simple swaps that can save you thousands of dollars every year.

Queenie Tan, from Sydney, says there are easy adjustments to lower your living expenses to save more money without drastically changing your lifestyle.

“I think it really comes down to saving money on things that can deliver the same thing but for less,” said the 25-year-old. 7Lifestyles.

The homeowner – who has gone from $ 13,000 in debt to $ 500,000 in equity in five years – says the “little savings” can start with your loans for electricity, insurance, phone, phone, etc. ‘Internet and housing.

“These are easy trades we can do that don’t affect our lifestyle too much and can save us thousands of dollars every year,” she explains.

Watch Queenie save electricity in the video above

Marketing director Queenie Tan (pictured) with a net worth of $ 500,000 revealed the five simple exchanges that can save you thousands of dollars every year Credit: tan queen
Queenie - who went from $ 13,000 in debt to $ 500,000 net worth in five years - says
Queenie – who went from $ 13,000 in debt to $ 500,000 net worth in five years – says “little savings” can start with your living expenses Credit: tan queen

Queenie shared a graph showing how two 25-year-old women earning the same income of $ 5,000 a month ended up with completely different savings at age 65.

“The most important things people spend money on are: living expenses, food and transportation,” she says. 7Lifestyles.

The graphic shows “Emma” who leads a carefree life living in a “posh neighborhood” with expensive electricity, internet, a phone, and insurance, mostly eating out and paying off a loan for a new car.

She saves $ 349,101 after investing just $ 100 per month between the ages of 25 and 65.

While “Emily” lives in a “normal” suburb with “competitive” electricity, internet, telephone and insurance, she owns her car and prepares most of her meals at home.

She ends up with $ 2,792,806 by the time she turns 65 after investing $ 800 per month.

“If we can save even a little bit of money in these areas, it can make a huge difference,” she says.

“Then we can free up more money to invest, save for a major purchase like a vacation or a purse, or just be able to spend more in another area. We can be flexible with this.

The 25-year-old says there are easy adjustments to lower your living expenses to save more money without drastically changing your lifestyle
The 25-year-old says there are easy adjustments to lower your living expenses to save more money without drastically changing your lifestyle Credit: tan queen

To help you budget, Queenie says you should always keep track of your spending.

“Seeing where your money is going is a huge eye-opener,” she says.

“It can help show you areas where you could save more money and it can also give you an idea of ​​if you’re spending money on things you really enjoy.

“It can show you if your lifestyle matches the way you spend your money. It changes life.

For Queenie, she realized that she had to spend more money on her health after calculating her expenses.

“So now I have an expensive gym membership and I also realized I was spending a little too much restaurant money when I didn’t need it,” she says.

She says you can live frugally without resorting to the cheap
She says you can live frugally without resorting to the cheap Credit: tan queen

She says you can live sparingly without resorting to the cheap.

“There is a huge misconception that frugal people like to save and invest money, but they don’t enjoy their lives,” she says.

“However, there is a way to be frugal, save and invest money while still living your life the way you want to. It’s about being intentional in how you spend your money. money.

“We can spend money on anything, but we can’t spend money on everything. “


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