Ever wanted to earn money for doing nothing? Most people think this is nothing more than a pipe-dream, but there are ways you can do just that!

Passive income

What we are talking about is ‘passive income’. Passive Income is money you earn when you are sleeping, resting, holidaying in Hawaii, or doing anything else other than working on what is earning you money.

Below are five proven ways to earn a passive income, and if you are savvy enough you may just be able to earn enough to quit your day job!

Saving money

This…

Official interest rates have dropped again, and with most financial institutions (including Queenslanders) dropping their rates in step, the question is what will you be doing with the extra money this will likely give you?

For a lot of people this cut means they will be paying a little less on the mortgage and have a little extra cash at their disposal.

While this is a big relief for some people struggling with the rising cost of living and a high mortgage, it does leave a question around what to do with the money.

So what could you do with…

Have you ever thought about renting your furniture and other household items?

Is it cheaper to do so? We find out.

A recent survey by Mr Rental found that 72 per cent of 18-25 year olds surveyed wanted better household items, including the latest technology. And one way to get that is to rent.

Of course, who wouldn’t want better household items? And while renting them is a quick way to get them, is it cost-effective?

I had a look on a leading rental company’s website and found a few regular household items you would find in your…

Buying in bulk is not a new concept, but it is one that is not utilized as effectively as it could by most people.

There are two main ways to buy in bulk – you can either buy the larger version of a particular product, like buying a 5kg bag of rice for example, or you can wait until a particular product is on sale and buy a lot of that item at once.

Either way saves you money.

Making room

Before you start buying in bulk it’s a good idea to create some room in your pantry, freezer and other cupboards for your bulk purchases. Items…

Protecting your money has become very important as more and more of our lives go online and, more recently, on our mobile. But there are ways you can easily protect yourself and your money, and most are just about being aware and exercising a little common sense.

Check your statements or, more simply, regularly check your accounts using online banking, making sure there aren’t any unknown purchases or withdraws;