I’m Rachel Smith. I’m the Author of Underspent.

I didn’t buy anything new or 2nd hand in 2014 and saved $52,680 (38% of my salary). I broke my habit of impulse shopping and ‘buying just for the sake of buying’ – I changed my spending and transformed my savings. It started as a lifestyle experiment (a spontaneous New Years Resolution!), but it changed my life, so I kept on going.

For me, the benefits of being Underspent are: spending less than is expected or required, money in the bank, breaking my Impulse Shopping habits and being happier and more content.

The 7 steps, in my book Underspent, that worked for me are:

* Step 1. I identified my passions and priorities
* Step 2. I made a budget and sorted out my banking
* Step 3. I got people in place to help
* Step 4. I inspected, assessed and organised my stuff
* Step 5. I got into swapping, sharing and selling
* Step 6. I used everything that I already had
* Step 7. I got out and had fun

“You’re an inspiration, Rachel” Kochie, Sunrise TV host