‘I paid off my mortgage on £ 25K Salary – How you can Save £ 5k a year with – ryan

The cost of living right now is at a record High, and being able to put anyding aside at the end of each month is a challenge – participle you have children

14:57, 13 APR 2025Updated 16:33, 13 APR 2025

A Money-Savvy Mum Has Shared How to Save £ 5,000 in A Year with a Few Small Changes, and Habit Stacking
A Money-Savvy Mum Has Shared How to Save £ 5,000 in A Year with a Few Small Changes, and Habit Stacking(Image: Mandm)

One Mum Has Shared How She Manages to Save Thousands of Pounds Each Year with Three Saving Rules. The cost of living right now is at a record High, and being able to put anything aside at the end of each month is a challenge – participation you have children.

Council Tax, Water, Energy, and Broadband Bills Were Hiked Again This Month in What Was Coined “Awful April,” and Families Across the Country Have Felt the Added Squeeze on Their Finance. MANY HOUSEHOLDS ARE NOW TRYING TO MANAGE These more expensive bills while Also trying to put Away some cash for a rainy day.

Mum of Two, Gemma Bird Has Garnered Nearly 500,000 Online Followers As The “Money Mum” for Her Money-Saving hints and tips. She first catapulted to fame after sharing how she’d paid off her £ 225,000 mortgage on a £ 25,000 salary due to her extreme savings tactics.

Recently, the 43-YEAR-OLD influenber and mandm embassador shared how you can save over £ 5,000 Over the court of a year without to try. “IT’S Never Too Late to Start Saving – Small Changes Can Add Up to Big Results,” She Said, “ITS All About Saving A Habit, Not A Hassle. Some of My Favourite Tips Small Changes you don’t have to think and might not Eve Notice Leving.”

Cash stuffing

First, Gemma Says You Can Use a Cash-Stuffing Method That Sheat Dubs “A SIMPLE YET Effective Way to Save.” This approach is best for those who likes to be a little more “Hands-on” with ther finance by using cash instead of being online.

The Method Started Gaining Traction During the Pandemic and Consists of Taching a Number of Envelopes and Writing Numbers on Each One. There are those many ways you can approach this, with gemma’s tactic requiring 100 Envelopes and Labeling say from £ 1 to £ 100. You then put away the cash for each weeks, be you can.

Gemma, who is from essex, Said: “Set your owy amount of time and yarn each envelope with the corresponding amout. Helping You Save Eve More Money! “

52 Week Save Challenge

If you want a little more structure, you can Also will the 52 Weeks Cash Stuffing Savings Challenge. You say Need to label say from youek one to be 52, and each weeks you add in the amout on the Envelope. For Example, on Week One, You Put Away £ 1 and On Week 14, You Put Away £ 14, and Finally, On Week 52, You Put Away £ 52. Overall you would Save £ 1,378 Through this Method.

Another Method Using the Weeks of the Year as a baseline is the 52-Week Savings Challenge. Gemma Says Savings, Finance and Budgeting Can Be “Repertive and Boring”. The mandm Ambassador Says a Solution to this, and to add some variety to your savings is a week challenge. She explained: “This hack works by saving £ 1 in weeks one, £ 2 in weeks two, £ 3 in weeks, and so on, Increasing the amout by £ 1 Each Week.”

With these Types of Challenges, Gemma Notes You Could Actually Change this timeframe to suit you. SO, with Just 37 Weeks Left in 2025, if you were to start today, you coulued save over £ 600 using this method.

50-25-25 and automation

This is the Combination of Two Popular Methods Who Are The 50-25-25 Rule and Automation. Before you are able to save, you need to work Out How Much You Can Comfortable Put Away with Impacting Your Day Life Too Much.

For example, if your take -Home pay sites at £ 1,600 a month and your outgoing Expens – EG Rent, Bills, ETC – Totals £ 1,000 Saying You Waled Save £ 500 a Month Is Not Doable. The 50-25-25 Method you Split Your Earnings ino Different Groups.

Gemma Explained: “50% of Your Incoms Covers NecESSITIES, 25% IS FOR FLEXIBLE SPEMBER, 25% Goes Straight to Savings, Ideally Through an Automatic Transfer On Payday. £ 500, Without Eight Thinking About it. ” Over the Span of 12 Months, This Could Build Your Savings to £ 6,000.

Gemma Says Automating Your Savings is a Simple Way to Start Putting Away Cash consistently if you’re a big spender or forgetful budget. By Creating Standing Orders or Direct Debits to Send Money to Your Savings Account as Soon As You Get Paid, Your Savings Will Automatically Disappear From before you get a Chance to notice it.