Cherie Howie, from New Zealand, has shared her incredibly simple budgeting plan which helped her squirrel away enough cash for a first home in Auckland in just three years.
Writing on the Facebook page Cheaper Living, she explained: "I know lots do this stuff already, but I wanted to share a plan that I wrote for a friend a couple of months ago. She wanted to save money. This is exactly how I saved to buy a home by myself in Auckland."
It involves setting up three different accounts - one for "working or regular bills", a "slush fund" for irregular bills and a "savings" account.
Cherie then divided up all of her monthly outgoings into the accounts they should be coming from.