News, Culture & Society

Celebrities reveal tips on how ordinary Australians can save money

Channel Seven’s David Koch was criticised earlier this month after informing ordinary Australians how they can ‘save $10,000 in just 20 days’. 

The broadcaster, believed to earn $1million per year to host Sunrise, said this can achieved by selling things from around the house or getting a ‘side hustle’. 

However, the 63-year-old isn’t the only star to offer fans often bizarre advice on how they can save money, retire early and boost their bank balances. 

Channel Seven’s David Koch (pictured) was criticized this month after informing ordinary Australians how they can ‘save $10,000 in 20 days’ by selling their possessions 

Love Island Australia winner Grant Crapp, 24, who has purchased three investment properties in the past 12 months, offered his top tip last year. 

Sharing a shirtless picture of himself watching the stock market, Grant insisted it was ‘super easy’ to make a second income by investing wisely. 

‘I’ve been busy travelling these days while making an extra income which is SUPER EASY (with the right help!),’ he added while promoting the financial service. 

Kochie's advice comes after Love Island Australia's Grant Crapp, 24, (pictured) told fans it is 'super easy' to make a second income on the stock market while promoting a financial service

Kochie’s advice comes after Love Island Australia’s Grant Crapp, 24, (pictured) told fans it is ‘super easy’ to make a second income on the stock market while promoting a financial service 

Grant’s Love Island Australia co-star Teddy Briggs, 25, has recently been offering fans tips on how they can quit their 9-5 jobs and make ‘up to $1,200 a day’ like he does. 

‘For several months now I’ve been doing e-commerce full time and for the last 2 months I’ve been helping other people follow in my footsteps,’ he said. 

‘I’ve sold products online in the jewellery space, beauty space, and fashion space with e-commerce,’ he added, urging fans to message him for further information. 

Love Island Australia's Teddy Briggs (pictured), 25, has been offering fans tips on how they can quit their 9-5 jobs and make 'up to $1,200 a day' like he has by selling eCommerce

Love Island Australia’s Teddy Briggs (pictured), 25, has been offering fans tips on how they can quit their 9-5 jobs and make ‘up to $1,200 a day’ like he has by selling eCommerce

Last year, model Jesinta Franklin, 28, revealed her plan to retire by 40, and explained how others can follow in her footsteps with the right choices. 

In order to fund her early retirement, Jesinta plans on investing in property.

‘I see a lot of my girlfriends with really high credit card debts from buying the latest handbag or a nice dress,’ she told News.com.au. 

‘But for me I would much prefer to spend a couple of grand doing up my house or my mortgage than a new handbag,’ she added, hoping to inspire fans. 

Last year, model Jesinta Franklin (pictured), 28, revealed her plan to retire by 40 by investing in property, telling fans she would rather spend money on a mortgage than handbags

Last year, model Jesinta Franklin (pictured), 28, revealed her plan to retire by 40 by investing in property, telling fans she would rather spend money on a mortgage than handbags 

Similarly, Nicole Kidman, 52, believes property is the first step to financial security, explaining that if her acting career ‘went awry’ in the early days, she’d be okay. 

‘The first powerful decision I made in my life was buying an apartment at 19. I paid cash — I’d saved all my money,’ she told The Cut last year.

‘It was tiny, a studio on top of a sewing shop in Sydney. If everything went awry, I knew I had a floor to sleep on.’

Since buying that first home at 19, the actress has acquired a $62 million global property portfolio and estimated net worth of $120 million.

Similarly, Nicole Kidman (pictured), 52, also believes property is the first step to financial security, explaining that if her acting career 'went awry', she had a backup plan

Similarly, Nicole Kidman (pictured), 52, also believes property is the first step to financial security, explaining that if her acting career ‘went awry’, she had a backup plan

'The first powerful decision I made in my life was buying an apartment at 19. I paid cash — I’d saved all my money,' Nicole told The Cut last year

‘The first powerful decision I made in my life was buying an apartment at 19. I paid cash — I’d saved all my money,’ Nicole told The Cut last year

Sunrise host Natalie Barr, 51, revealed her money saving hack in July.

The star explained that she does not carry debit or credit cards. Instead, she gives herself a weekly cash allowance which helps her to manage her budget. 

‘I take cash out every week and I try and spend it as a bit of a saving thing,’ she told Samantha Armytage on Sunrise. ‘I’ve been doing it for about a year.’  

Sunrise host Natalie Barr (pictured), 51, recently revealed she does not carry cards. Instead, she gives herself a weekly cash allowance which helps her to manage her budget

Sunrise host Natalie Barr (pictured), 51, recently revealed she does not carry cards. Instead, she gives herself a weekly cash allowance which helps her to manage her budget

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