Okay okay, we know what the title sounds like (starts with a ‘SC’ and ends with ‘AM’.
Especially since 75% of Malaysians find it difficult to raise RM1,000 in cash for emergencies 😱. For a lot of us, just hearing the phrase ‘saving money’ can be daunting and even discouraging. It’s understandable – when you need to pay off those bills, saving money isn’t always an easy task.
But what IS possible is making the process much simpler by switching up a few practices and applying some easy techniques. Saving RM1,000 in 30 days doesn’t have to be as hard as it seems – in fact, this is how ‘mekanik wang’ Abang Abu has helped thousands of Malaysians save via his Simpan Challenges.
The Simpan Challenges have been so effective that together with Abang Abu and Pod, HeyAlfred are reviving it this year – not only do you save RM1,000 but you also win CASH PRIZES when you succeed 💰🤑🙌🏼 (sign-ups are still open! Click here to join).
If you’re skeptical, below is a break down of how you can save money FAST.
1. Set a goal – and stick to it! 🎯
Most people underestimate how much they can save in just 30 days. In fact, most people just don’t KNOW how much they can save. When you join the Simpan Challenge, you will have automatically created a saving goal of RM1,000.
Don’t think too much about “Is that too much?” “Is that too little?” “Can I do it?”…
The answers to those questions are: NO, NO and YES!
2. Start small, stay consistent ⏳
As daunting as ‘RM1,000 in 30 days’ sounds, it isn’t so complicated once you break it down into small steps.
Incorporate tiny changes into your daily routine, like:
• Start saving the small change you get after buying something (even if it’s just 20 sen!)
• Make it a point to meal-prep on Sunday so you don’t get tempted to buy take-out over the week
• Bringing coffee from home and skipping that daily Starbucks coffee run
• Avoid using a credit card for the entire 30 days
During the Simpan Challenge, you’ll get practical, actionable saving tips every day for the entire 30 days – you’d be surprised at how tiny changes can bring remarkable results over time.
3. Get an accountability partner 👫
If you’re trying to save money but the people around you are going about their business as usual, it can deter your own efforts.
The best way to stick to a goal is to get an accountability partner or accountability group on-board. When you have someone committed to saving money just like you are, you can each share what practices have personally worked and what hasn’t. You’ll also have someone to reach out to if you need a good ol’ kick in the 🍑 to boost your motivation.
This is especially true of you’re living in the same household, and are sharing the budget like rent, electricity bills and groceries.
When you join the Simpan Challenge you can invite your friends to join too 😉 (and increase your cash pool prize – more on this below).
4. Reward yourself 🎉
Let’s face it, we’re only human – we all LOVE that shiny, shiny trophy at the end of every race.
So whether it’s treating yourself to a nice massage or that great pair of jeans you’ve been eyeing, budget in a small reward that you can afford – this will make the process of saving sooo much more enjoyable 🧖🏻♀️.
💡 Psst… did we mention you WILL WIN MONEY when you successfully save RM1,000 in 30 days for the Simpan Challenge? We ain’t kidding – check out how you can get your hands on some extra moolah here.
5. Start. Now. 🌱
This last one is often overlooked, but it’s probably the most important.
A lot of time we plan and plan, and we get so caught up in trying to do things the right way that we never actually get to doing it.
Even if you don’t think you’re ready, just start anyway.
You may not have all the answers and know the exact roadmap, but that’s something you can figure out and fix along the way.
Are you ready to start your saving journey? Join other Malaysians in the Simpan Challenge and let’s do this!