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OurTips-P2P-Investing-OurMoneymarket 3 Easy Ways to Save Money When You Travel

#1 Save 10% Every Time You Fly!

If you haven’t heard of Webjet and Jetstar’s Price Match Guarantee then it is likely you are wasting both time and the opportunity to save money when booking domestic flights within Australia! Webjet is a great search engine tool for flights, allowing you to quickly compare all flight prices offered by Qantas, Virgin, Jetstar, Rex and Tigerair. Here’s our tip for finding the best flight for you:

    1. Visit the Webjet website at;
    2. Search for available flights by entering your preferred travel dates and destination;
    3. Check if there is a Jetstar flight departing within one hour (before or after) of the cheapest flight available. If there is, and that Jetstar flight is more expensive than the other airline, then Jetstar will beat that other airline’s flight cost by 10%! Claiming the discount is easy; simply complete a quick form found at the below link and Jetstar will email you a link to pay for the flight within an hour of submitting the form ( We suggest looking for the closest Tigerair flight to when you’d like to depart, as they are usually a fair bit cheaper than most, then getting Jetstar to beat it by 10%. This just might save you $100 or more!;
    4. The last step is to book your flight. Always remember to book your flight through the chosen airline’s actual website (e.g. the Jetstar website). This will help you to avoid paying any additional third-party booking fees.

#2 Pick the Right Mode of Transport

Before travelling around a country (or continent) do your research on the cost of different modes of transport. For example, in South America, while internal flights can be really expensive, overnight bus trips (while long!) can be a great cheap alternative. The buses are usually very comfortable, you often get fed and more importantly you save on a night’s accommodation! In Europe on the other hand, internal flight prices offered by the budget airlines (like easyJet and Ryanair) are often very cheap. Once in a city, walking, cycling and public transport are a must. Not only will you take in more of the local sites, but you will save a considerable amount of money. Train systems generally work the same wherever you go, so it should be an easy way to get around no matter what country you’re in or the native language spoken.

#3 Save Money and Travel Light

Travelling light will not only help you save money by avoiding fees to check in your luggage but will also save you your sanity! Plan ahead for the climate, pack accordingly and forget the rest. This will make packing to leave a hostel bearable, it will make your backpack carriable and you will avoid stressful moments at the airport where you need to decide which items will be boarding the flight. You may also have room for a few souvenirs! Then there is the option of wearing four layers of clothing each time you fly…we don’t recommend doing this, but it’s certainly an option 😛

If travelling on a tight budget just isn’t your thing, or you’re in need of some extra funds. Check out OurMoneyMarket’s holiday loans and personal loans to get access to some quick cash so you can holiday in style.

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Our-goals-e1506053844998 Top 5 Ways to Make Easy Cash

Top 5 Ways to Make Easy Cash – Source: OurMoneyMarket Lending Pty Ltd ABN 64 605 231 669 Australian Credit Licence 488228.

So, you’re looking for ways to make a few extra dollars. I’ve been there! When I quit my job to start OurMoneyMarket I was in need of some extra cash to get by. The tasks/jobs I was looking for didn’t have to pay much, but they had to meet at least one of the following: (i) the job had to be easy; (ii) the job need to be quick; or (iii) I could do the job at a time convenient to me.

Luckily, I found enough jobs to make me, on average, an extra $200 a week. That’s an extra $10,400 a year!

So, without further delay, here are my top 5 ways to make easy cash – not become a millionaire cash, but easy extra cash:

#1 Easy Cash With Mystery Shopper

Task Difficultly Rating: Easy

Cash Reward Rating: 4/5

Oh, Mystery Shopper, how good you were to me. With Mystery Shopper, there are all kinds of jobs you can do, and you get to pick the jobs you want. Some of the jobs I did included:

  • $20 for eating a burrito at Guzman & Gomez (lunch paid for and some extra cash – tick!);
  • $35 for trying on some Lacrosse shoes and reporting on the customer service;
  • $20 for getting a Boost Juice (again drink complimentary);
  • $20 for leaving a fake reservation call with a hotel.
  • It took me, on average, around 30 minutes to complete any given task and complete the service report you must submit.

    #2 Airtasker

    Task Difficultly Rating: Easy to Hard

    Cash Reward Rating: 5/5

    Airtasker is an online peer-to-peer website that allows people to post any kind of task or job they need completed, and whether they need it done online or in person.

    With Airtasker, you can make money doing all kinds of things (e.g. writing blogs, helping someone with their resume, wait in line for the next iPhone, caring for puppies, you name it!). Generally, you stand to make between $20-$400 for tasks advertised on Airtasker.

    #3 Online Surveys

    Task Difficultly Rating: Easy

    Cash Reward Rating: 1/5

    OK, so I never really did these surveys properly, but I think that’s justified given they seem to falsely advertise the time each survey takes.

    Basically, with sites like, Valued Opinions, you can complete surveys that take anywhere between 5 to 60 minutes, and earn between $1 to $20 for your time.

    It’s not exciting money, but it’s really easy and you can do it just before bed, or during T.V ad breaks.

    #4 Sell Clothes & Furniture Online

    Task Difficultly Rating: Easy

    Cash Reward Rating: 5/5

    Selling your old clothes, furniture etc. online is a great way to make extra cash. It also removes clutter…and will make those you’re living with super happy.

    To be honest I didn’t make regular money from this (sold a couch once for ~$1,000). However, friends of mine have regularly sold their old clothes on eBay and Gumtree and claimed to make good cash doing this.

    #5 Search the Web

    Task Difficultly Rating: Easy

    Cash Reward Rating: 3/5

    Sometimes saving cash on everyday expenses is as good as earning cash. Simply add PricePal to your web browser and get notified of discounts when shopping at some of your favourite retailers!

    Due to this little beauty, I regularly received around $20 a week in cash back when I shopped at Woolworths. Friends of mine would save up to 6% when shopping at UNIQLO, Cotton On,, etc.

    Honourable Mentions

  • UBER: If you own a car consider becoming an UBER driver. After all fees and expenses (assuming average car loan repayments), you can earn approximately $150 per week for 10 hours of driving. If you don’t own a car, but would like to become an UBER driver, get a quick rate quote today with OurMoneyMarket. We offer low rate personal loans, with flexible repayment options.
  • Airbnb: If you own property, or have a spare room at your place, consider registering for Airbnb and renting it out. Consistent users of Airbnb can earn between $1,000 and $2,000 per month. You have an asset that can make you cash, consider making cash from it!
  • Deliveroo/Foodora: If you own a bike, motorbike or car, consider signing up to Deliveroo or Foodora, you can earn approximately $20 per hour doing this and you have flexibility around when you want to work. If you’re in the market for a bike or motor bike, OurMoneyMarket offers fast cash loans, so you can start delivering.
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    This information has been prepared as general information only without taking account the objectives, financial situation or needs of individuals. All investors should seek their own financial, legal and taxation advice relative to their own circumstances before making an investment.

    OurTips-P2P-Investing-OurMoneymarket 4 Ways to Save Money and Earn Extra Cash at Your Bank

    The information contained in this article should not be taken as financial product advice and has been prepared as general information only, without taking into consideration your personal investment objectives, financial circumstances or needs. In particular, you should pay careful consideration to the risks outlined in the OurMoneyMarket PDS, available here.

    4 Ways to Save Money and Earn Extra Cash at Your Bank

    I often see articles (typically from banks) giving tips on how to save money or how to budget. These articles include tips like “monitor your expenses”, “set savings goals” or “create shopping lists before you shop”. These are obviously good practices for saving money and budgeting, but they often involve you buying a box meal at Aldi instead of ordering a pizza on a Friday night. This stuff you already know and are typically the things you enjoy spending money on. So, how can you save money on the things you hate spending money on? And how can you earn some extra cash at your bank?

    Here’s 4 simple ways to save money and/or earn some extra cash at your bank.

    #1 Pay Less on Your Home Loan

    Go to a loan comparison site (e.g. Finder and RateCity) and take note of the lowest home loan rate available. Then, contact your bank’s customer service line and ask for a payout figure on your loan. Explain that you’re planning to move to another finance company as they’re offering you a better rate. Your bank will immediately put you through to the Retentions Team who will discuss what rate you’re being offered, so they can see if they can compete. The Retentions Team will likely offer you a slightly higher interest rate than what you’re able to get elsewhere as they know there are some costs to you moving banks (let alone the effort and admin). If they offer you a lower rate great! You probably just saved enough money for your next holiday.

    Please note, if you currently have a fixed rate home loan it will be harder to negotiate a lower rate on your home loan as there are break costs involved in refinancing these loans.

    #2 Avoid Paying Annual Fees on Your Credit Card

    Banks can refund the annual fee on your credit card as long as you contact them within 45 – 60 days of it being charged to your account. Steps to take: (1) Ask for the Credit Card Cancellation team; (2) Advise the customer service rep. that you use the card for day-to-day transactions but would like to cancel the card as you don’t wish to pay the annual fee; (3) They should offer to waive the fee. If they don’t offer to waive the fee and you don’t want to cancel the card, simply don’t proceed with the cancellation. Note, if you’re annual fee is greater than $150 you may only be able to negotiate a 50% reduction on your annual fee.

    #3 Boost Your Savings by Regularly Opening New Savings Accounts

    The banks are always keen to get hold of your savings, as it’s a cheap source of funding for them. Your bank will regularly offer bonus interest on new savings accounts in order to attract new customers. They won’t advise existing customers of these deals but you can also take them up. What’s the catch? The bonus interest is only available for a fixed period (e.g. 4 months), after which it converts to the standard low variable base rate (these days around 1%-2%), so at the end of the fixed “honeymoon” period just open up another account and get back on the bonus interest rate offer!

    #4 Avoid Hidden Fees on Loans & Bank Accounts

    Firstly, companies are notorious for charging monthly account keeping fees. Most people just ignore these costs as they seem so insignificant at the time, however, these costs add up to a lot over the life of a loan. The average monthly service fee on bank personal loans is $10 (as if they were paying someone to manually handle your account each day!). For a loan term of 7 years this will cost you an extra $840! You know that feeling when money seems to just disappear from your account, and you don’t know how, well this could be one of those reasons.

    Secondly, banks have historically enjoyed charging prepayment fees and early exit fees (i.e. they want to charge you extra if you want to pay off your account early!). Borrower’s take note: your circumstances will likely change over the next 7 years. That promotion you’ve been working hard to get from your boss for the last 12 months will happen, and you don’t want to be stuck paying interest on a loan you no longer need once you receive your pay rise. To avoid these costs consider refinancing your loan (home loan or personal loan) to a provider that offers no monthly service fee, no prepayment fees and no early exit fees. This means you will know all your costs upfront, you won’t be locked into a loan you may longer need, or can pay off sooner, and you will find it easier to budget moving forward.

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    Disclaimer: If you are an investor in OurMoneyMarket, or considering becoming one, always keep in mind that by investing in OurMoneyMarket your capital is at risk. Investors can obtain a copy of our PDS here for more information on the risks of investing.

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