What are some easy money hacks that a 20-30 year old can do to save and make money?

1) Track Your Expenses & Income Hard

Track every cents that comes in and out on your bank account.

Make sure you know what you're spending on and decrease any form of expenses you know you can.

2) Throw many that's "BONUS" into RoboAdvisors.

• When i receive my bank account interest, i'll channel them to stashaway to help me grow my interest received

• When i receive any third party Bonus, i'll channel them to stashaway to grow also.

3) Maximise interest you can received in your bank account.

• Always look out for which bank account can give the highest interest rates.

• Take the effort to meet the highest tier interest, but make sure it's worth it.

4) For Risk Taker - Take out a No Processing Fee Balance Transfer Loan and Park it Into Stashaway

• Take a balance transfer loan.

• Park it into stashaway.

• Every month, pay 3% of the balance transfer loan.

• End of the tenure, pay full the balance.

• Risk is that you might need to hold it out till an extended period before you breakeven.

• Returns is that you might get free cash after the end of the balance transfer period.

• Cost of the loan is cheap.

So many people have offered great tips. i just want to add on that "assign a purpose to every dollar you have". differentiate between short-term savings goals and long-term savings goals. For short-term saving goals, perhaps you want to look into either cash management solutions or insurance savings plans (https://blog.seedly.sg/insurance-savings-plan-s...)

If it's the latter, topping up your CPF can be a start while you determine your risk appetite and preferred asset classes. Because I don't have a lot of disposable cash, I squeeze every ounce of utility from every dollar that comes my way. Those GST vouchers I receive from the government or "spare" $20 earned from doing the occasional survey - all of this goes toward topping up my CPF account.

I'm not even embarrassed to admit that I topped up $10 to my CPF account through GooglePay this morning. Although I didn't get the elusive BB Loh, I got 11 cents as cashback. Yes, it's 11 cents, but that split second of happiness - not bad lar. Think about how you can incorporate easy saving habits and inject a bit of fun into your life. Easy wins ftw!

Good luck & have fun!

That is absolutely correct. Before anyone should embark on investing, he or she must first already cultivate good saving habits. Investing is for the long term and its return is enhanced when we make and save more than we spend and plough in more capital from time to time.

Here are some personal tips that we believe will help to save and MAKE money:

1) Pay off loans/debts first if you have any.

Starting with the higher interests one as the costs of borrowing is highest and will deplete your cash till it is paid off. Saving on interests can be significant overtime.

2) Set aside a monthly budget for all your basic needs.

By setting a monthly budget, you can see how much you can save realistically. That said, it doesn't hurt to pamper yourself once in a while with that Starbucks drink. TBH, how much more money can you save if you just drink a cup once a month? Everything in moderation is the key, life is meant to be lived, so live it up. Money is also meant to be spent on the people we love and care about. The purpose of money is to create some joy isn't it?

3) Finally, it is about the top-line.

Here comes the next important part. Notice why "MAKE" is caps. Personally I believe this is the one that makes all the difference. There is only that much one can save so much so that your basic standard of living is not miserably compromised. Sure you can save a lot if you are spending frivolously to begin with. But since you are in the Seedly community and asking a question like that, we are quite sure this doesn't apply to you. In fact, we are a firm believer of choosing to spend working and learning hard to add value to either our business, investments or to our employer, to eventually create better results which will translate to better financial opportunities to ourselves eventually. Learn valuable or in demand skill sets that will make you a better employee, investor or business owner. The returns will be multi-fold. This is because it is likely that for most of us, we can't spend as fast as the money that compounds from investments. Neither can the gains from the marginal interest that we get to know of from switching to another bank account or platform gives me that after hours of ongoing research and applications.

There is always an opportunity cost in everything. Choosing between using the same time to save on a penny or learning how to make a pound instead is one of them and perhaps one of the most enlightening lesson that can happen to anyone. You can think of yourself just like a company that should be focusing on improving their sales revenue and not be thinking of ways and means to reduce the fixed costs. It is called fixed for a reason.​​​

1. Get free full-sized samples weekly from www.auntiesam.sg/ vending machines all around Singapore. I just signed up last week and redeemed 2 Carlsberg cans (alcohol-free) and chips for my first haul. Freebies can be anything from Ribena to instant noodles. To redeem even more samples above the weekly freebie limit is only 20-33cents per token (1 sample can be anywhere from 0-3 tokens). 50 points=1 token. 1 free token is given each week, and 1 free point each for the first 3 days in a row when you check in online. Get 3 free points on the 4th-6th days and 1 free token on the 7th day. DM me @nicoupons on insta for the referral code and promo code to get 1 (or 2) free tokens and 30 free points when you sign up. Referral code is my phone number so I don't want to publish here. I will also receive 1 free token when you sign up.

2. Entertainer app for 1 for 1 deals on mains at many eating/drinking/takeaway places but some places offer 25% off total bill. Currently $79 for the whole year but if you eat at Fat Cow or Bedrock Bar & Grille once with the app you'll already be saving. I use Entertainer almost daily, helps me discover new dining places too.

3. I use StarHub Prepaid card WOW data plan $25 for 20GB + free data on Sundays, for 4 weeks. Out of the 20GB, 4GB can be used overseas at many countries. Unused data out of the 4GB rolls over if new plan is purchased before current one expires. I don't have any free local calls or texts but with WhatsApp/Telegram/Messenger/iMessage/FaceTime/Skype/GroupMe/Insta/WeChat, I only need data. I can still receive SMS for OTPs and spam (even when I'm overseas) but this cuts out the spam calls. I also have 60min free Skype calls worldwide per month from my Microsoft Office 365 subscription so I use Skype if I really need to call a number that is not on a social media calling app. For incoming calls from people who don't have WA/Tele/Fb/iPhone, I have a Skype number for US$52/year for unlimited incoming calls.

4. "Free" money from YouTrip because the app is not letting me add my credit card after previous one expired, there is no Next button after filling in my details. Reported to customer service and IT support but they still can't fix. My YouTrip wallet balance is -$20 because for public transport, the app only posts a lump sum total every few days as one transaction and my last MRT/bus posted expense was more than my previous wallet balance. I confirmed with customer service that there's no penalty for the negative balance. There's a negative balance limit at which the Youtrip card stops working, not sure what exactly but at -$20, I can't use it anymore until the IT issue is fixed and I can add my new credit card to top up the wallet. Not sure if there's penalty if you don't have the same issue and leave a negative balance.

5. Sign up for CapitaStar and Ion Orchard rewards app to collect points from all your purchases with min $20 receipt. Redeem points for vouchers, discounts and lucky draw entries. The apps require you to take photo and upload your receipts but don't/can't verify your ID so if you have family/friends (or find random receipts from strangers who leave them behind at the mall) always spend at CapitaLand malls, can ask them to send you a picture of receipt to collect points. As long as the receipt is uploaded to the app by the end of the next day after purchase is made.

6. I always sign up for a rewards program if it's free, even if I don't frequent those places because you never know when the points might come in handy. Most recently signed up for Haidilao, Body Shop, Don Don Donki, iChangi.