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Scottish Sun
5 hours ago
- Scottish Sun
The 5 habits making you broke according to savings whizz who has £100k in the bank AND plans to retire at 40
Read on for more money-saving tips to get you started CASH IN The 5 habits making you broke according to savings whizz who has £100k in the bank AND plans to retire at 40 A YOUNG woman has shared five ways you're making yourself broke every month. Mia McGrath is just 24 but already has £100k in savings and plans to retire at 40. 2 Mia McGrath shared her top tips to stop wasting money Credit: tiktok/@miarosemcgrath 2 At 24, she already has £100,000 saved Credit: TikTok / @miarosemcgrath Thanks to her thrifty lifestyle, Mia is planning to stop working 26 years before her peers. The Londoner who works in fashion regularly shares how she achieves her saving goals, and this time, she shared the habits to give up if you want to start saving. "Trying to be cool or aesthetic is making you broke," Mia said in a TikTok video posted this week. She went on to say that buying a new outfit or a £38 Rhode phone case to look 'aesthetically pleasing' on Instagram was a waste of money. Mia admitted she used to do this before making a change. She said: "I realised I was doing it for other people, not for myself." The second mistake people make is following trends and fads that turn out to be very expensive. The savvy saver warned: "You don't need the latest trending item - a Labubu, a Coach bag. It's not essential." She added: "I guarantee if you waited 30 days to buy it, you wouldn't want it anymore." The third financial mistake Mia identified is 'not saving because you think it's pointless'. Paychecks set to change for millions of Americans as new July law starts – see if switch is happening in your state She argued that no matter how small the amount, it was always worth doing. "I guarantee, if it's £10, £50, no matter how small it is, you're probably not doing it because of that reason," she reminded viewers. Mia, who has accumulated 'almost £100,000 in savings and investments' in recent years, revealed that she also started small, even putting money aside when she was relying on a student maintenance grant. She continued: "I wouldn't have been able to do that if I had that mindset that saving £50 is pointless." Fourthly, Mia advocated for starting a side hustle, telling fellow TikTokers that they're 'not too busy' She said: "Stop using the excuse that you don't have enough time, you just don't want to enough." She insisted: "Whatever it is, creating content, creating a personal brand, making extra money - I've done all those things while at a nine to five job that I have to be in the office five days a week for." Mia added that, providing someone wants to improve their finances, they can - it just takes discipline. Finally, Mia warned that it's irresponsible to think a 'man is going to sweep in' and facilitate the 'soft life' that some people crave. Mia said: "There is so much bad advice on TikTok saying you need to appear in your "soft feminine energy" and go sit at a bar where a rich man will find you..." In a bid to do away with this myth, Mia said: 'You have to work hard and have your own money." Money saving challenges Here's some of our favourite money saving challenges. Weather saving challenge - Save the amount equal to whatever the highest temperature was that week. £1 = 1C. - Save the amount equal to whatever the highest temperature was that week. £1 = 1C. 1p challenge - save 1p a day for everyday of the year, but it increase the amount by 1p each day. So day one you save 1p, 2p on day two and 3p on day three. When you reach 100 days you start adding a £1 coin each day too, while this increases to a £2 coin each day plus pennies at 200 days, and £3 each day on top of pennies at day 300. - save 1p a day for everyday of the year, but it increase the amount by 1p each day. So day one you save 1p, 2p on day two and 3p on day three. When you reach 100 days you start adding a £1 coin each day too, while this increases to a £2 coin each day plus pennies at 200 days, and £3 each day on top of pennies at day 300. 20p a day challenge - Start by putting 20p in savings, then increase the amount by 20p every day. For example, the first week will look like this: 20p, 40p, 60p, 80p, £1, £1.20, £1.40. - Start by putting 20p in savings, then increase the amount by 20p every day. For example, the first week will look like this: 20p, 40p, 60p, 80p, £1, £1.20, £1.40. £5 a week challenge - Like the 20p challenge, put aside £5 a week and increase it by a fiver each week. Eg £5, £10, £15, £20 - Like the 20p challenge, put aside £5 a week and increase it by a fiver each week. Eg £5, £10, £15, £20 Round-up challenge - Every time you buy something, round up the purchase to the nearest £1 and put the difference in a savings account. Eg. You pay £2.60, so you put 40p in savings. You can use an app such as Monzo or Starling to do this. - Every time you buy something, round up the purchase to the nearest £1 and put the difference in a savings account. Eg. You pay £2.60, so you put 40p in savings. You can use an app such as Monzo or Starling to do this. Bingo challenge - Here you have a bingo card with different numbers on it and you tick them off when you've put that amount in your savings account. It can be ad hoc but you have to tick them all off by the end of the month. - Here you have a bingo card with different numbers on it and you tick them off when you've put that amount in your savings account. It can be ad hoc but you have to tick them all off by the end of the month. Monday to Sunday challenge - With this challenge, you simply save £1 on Monday, £2 on Tuesday and so on until the weekend where you don't save on Saturday or Sunday. - With this challenge, you simply save £1 on Monday, £2 on Tuesday and so on until the weekend where you don't save on Saturday or Sunday. 365 day challenge - Every Sunday you put aside £1, followed by £2 on Monday, £3 on Wednesday and so on. On Saturday you'll put away £7, and then the process repeats and you'll put aside £1 on Sunday as the new week begins The clip went viral on her TikTok account @miarosemcgrath with over 62k views and 6,100 likes. One person wrote: "The waiting 30 days is such a brilliant and helpful thing to do!" Another commented: "You're really genuine and I love you for that." "Great points! It's so important to stay mindful of spending and focus on saving in the long run," penned a third. Meanwhile, a fourth said: "You're such good advice for the younger women out there." "Very wise words,' claimed a fifth Someone else added: "Couldn't agree more."


Daily Mail
7 hours ago
- Daily Mail
Bikini-clad Livvy Dunne hits the beach as she celebrates July 4th weekend with girls' trip to The Hamptons
Social media sensation Livvy Dunne spent her July 4th weekend with a girls' trip to The Hamptons, where she hit the beach and hung out with her friends. Dunne shared the details of her Independence Day on her Instagram story, first offering up some relatable content by sitting in standstill traffic to get to Bridgehampton, New York. Then came Dunne's selfie from the beach, a photo she captioned with red, white, and blue heart emojis. Dunne wore a straw hat while also donning a red and white bikini, laying stomach-first on the beach, just feet from the water. The former LSU gymnast also shared a photo in a white dress, wearing a pair of sunglasses and her tongue sticking out next to friend Lauren Maitland. Not in The Hamptons to celebrate the holiday with Dunne was her boyfriend, Paul Skenes, who was in Seattle with the Pittsburgh Pirates. Dunne has maintained her social-media profile since departing LSU, where she was one of the highest NIL earners in the country. Earlier this month, Dunne was in New York City for Fanatics Fest, and competed against the greatest competitive eater of all-time, Joey Chestnut, in an all-star chicken finger-eating contest. Dunne, DJ Khaled, Fanatics founder Michael Rubin and Julian Edelman all took part in the eating challenge alongside the legendary Chestnut. Dunne stunned attendees of an SI Swimsuit Party by performing the splits back on May 31 The 41-year-old holds dozens of eating records including the most hot dogs (76) in 10 minutes and the most chicken wings (182) in 30 minutes. Chestnut dominated a Raising Cane's contest, putting away 40 tenders in just five minutes. And Dunne's hilarious reaction to Chestnut was caught on camera. In a clip that flooded social media, the gymnast was seen open-mouthed as Chestnut demolished the chicken. At one point, Dunne appeared to retch as she struggled to keep the chicken down. She and Chestnut also posed for a picture to mark the occasion.


Daily Mail
7 hours ago
- Daily Mail
QVC shoppers rush to buy 'so very comfortable' Skechers slip-ins for just $32 - and they're selling fast!
Daily Mail journalists select and curate the products that feature on our site. If you make a purchase via links on this page we will earn commission - learn more Whether you are setting sails, jetting off, or just staying in - we found the perfect summer sneaker that will have your back no matter what. Skechers Slip-Ins GOwalk Travel Washable Shoes are irresistibly comfy and undeniably fashion-forward - these practical pairs find themselves flying off the shelf left and right, with users giving them five stars. These slip-ons are machine washable and made with breathable fabric for max comfort! At an unbelievably low price, these sneaks typically go for $85, but you can snag them for $42 while they're on sale for an incredible 50 percent off on QVC. Trust us, you won't regret snagging these before they sell out. You can even grab them for an extra $10 off when you enter code WELCOME10 at checkout on your first QVC order — bringing your total down to just $32! The Skechers Slip-Ins GOwalk Travel Washable Shoes come in three different colors, including white, hot pink, and white. They offer many sizes as well, including a range of extra medium sizes that provide extra room. Users attest to the fit being spot on saying: 'I love these shoes. The hands free slip-on is fantastic and the fit is perfect. After the first five minutes wearing them, I knew they were a keeper.' Comfort is key when it comes to picking a shoe that can withstand anything life throws at you — especially when traveling. Luckily, the Skechers Slip-Ins GOwalk Travel Washable Shoes were designed for comfort. Made with the iconic Skechers dreamy Heel Pillow and Air-Cooled memory foam, these slip-on sneakers feel like walking on a cloud. This makes them the perfect fit for long days of walking, tackling airports, and more! Shoppers are falling more in love with their Skechers everyday, with one saying: 'These are so very comfortable, good looking, and easy to wear. I traveled and did a lot of walking recently and they were a dream. The only shoes I wear!' Travel in comfort this summer with Skechers ultra-soft memory foam padding and dreamy Heel Pillow. Ready for us to sweeten the deal even more? These bad boys are machine washable, making them the perfect selection for any lifestyle. No matter what you get into, a quick machine wash and air drying will do the trick and keep your sneakers looking squeaky clean for years to come! If you are planning your next vacation or just looking for for a reliable pair of kicks for the summer, the Skechers Slip-Ins GOwalk Travel Washable Shoes are it! Make sure you snag them while they are still 55 percent off on QVC.