logo
Woolies shopper's simple trick to get $279 grocery haul for just $16: 'Cash out'

Woolies shopper's simple trick to get $279 grocery haul for just $16: 'Cash out'

Yahoo5 days ago
A Woolworths shopper has revealed how she got $279 worth of groceries for just $16 and it's something anyone can do. Grocery spending has hit a new high and many Aussie households are looking for ways to stretch their supermarket spend further.
Bec Jane has been getting paid to do online surveys for years and recently discovered she could put her earnings directly towards saving money off her grocery shop. The 24-year-old Sunshine Coast woman told Yahoo Finance she'd noticed her grocery bill had been getting more expensive for her and her partner.
'In the cost-of-living crisis, every dollar counts. It's another way I think to get ahead and feel like you can get on top of things,' she said.
RELATED
Woolworths 'snob' reveals $70 a week reason why she now shops at Aldi
Centrelink Age Pension warning for 4.3 million Aussies facing superannuation nightmare
Rare 50 cent coin sells for $3,050 due to 'unique' reason
'I'm doing surveys at 5am when I wake up and I'm having my coffee instead of scrolling TikTok or Instagram, which we're all guilty of … And then just at night when I'm literally just scrolling on my phone and I've got the TV on."
Jane primarily uses Octopus and Pure Profile to do online surveys, but said there were a bunch of different platforms available.
Surveys generally take between 5 to 10 minutes and can pay between $1 to $8, depending on how long the survey takes and which platform you are using.'As your balance builds, you can then either choose to cash out directly to your bank account, which I was doing until I found out that you can actually cash out into gift cards,' Jane said.
'I was like, well, this could be a good way to do my grocery budget every week.'
Jane earned $250 worth of Woolworths gift cards by just doing online surveys over the last two weeks.
She is also a member of Woolworths' Every Extra program, which gives her 10 per cent off one grocery shop each month.
Using her discount and gift cards, she was able to reduce a recent $279 grocery shop to just $16.
How do paid online surveys work?
Online surveys can be an easy way to earn a bit of extra cash.
You'll usually need to input your demographic data, including your age, gender and location.
You'll then be offered surveys that match your profile that you can complete for money, usually either cash through PayPal or gift cards. Pure Profile also partners with Flybuys and allows users to earn Flybuys points by completing surveys.
Survey companies are usually engaged by businesses that use the data for marketing or other research.
Extra cash helps dollar 'stretch' further
Jane said she's found paid online surveys to be an easy side hustle.
She does surveys every day and usually will complete about 50 each week across various platforms. The amount she earns can vary. For example, she earned roughly $370 in June and $292 in May.
'I've literally gotten all my friends, all my family to sign up. I've been doing them for years and it's just nice to know that you can make some extra money and it's not hard,' she told Yahoo Finance.
Jane and her partner usually budget $100 to $150 per week for groceries, but will stock up on cleaning products, laundry detergent and pasta when they are on sale.
Jane said she usually tracks the price of products within the Woolworths app and waits for products to go on sale.
'Toilet paper, laundry detergent, I wait until they are half price,' she said.
She also opts for homebrand grocery items and buys items that can have a longer shelf life, like tomato sauce, in bulk.
Jane and her partner bought a block of land last year and are currently paying both rent and mortgage repayments on the land, while they prepare to build their home.
'Rent and mortgage would take up 65 per cent of our net income. So it's massive every single week, the majority of our money is going to that,' she said.
'We've also got electricity, rates on our block of land because you still have to pay rates, and just insurances.
'So doing the surveys to, at the moment, I'm cashing out for gift cards, makes it feel like you have that tiny bit more money left in your pocket at the end of the week to actually use it on going out for a nice dinner, putting it towards a holiday, it just makes you feel like your dollar stretches that tiny bit further.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Upward spending trend unlikely to shift needle on rates
Upward spending trend unlikely to shift needle on rates

Yahoo

time7 hours ago

  • Yahoo

Upward spending trend unlikely to shift needle on rates

Australian spending habits will help the Reserve Bank fill in its picture of the nation's economy, with another rate cut expected at its next board meeting amid global tariff woes. All eyes will be on the monthly spending indicator for June as it becomes the main measure of retail trade when published by the Australian Bureau of Statistics on Tuesday. Household spending rose 0.9 per cent in May when consumers splashed out on clothes, shoes and new vehicles with borrowing easier since the RBA began cutting rates in February. This trend is expected to have continued in June, with Commonwealth Bank economists predicting a rise of one per cent. The data could seal the deal for the central bank's August interest rate decision following a rise in unemployment in June and a fall in inflation for the quarter, with the trimmed mean figure dropping from 2.9 per cent to 2.7 per cent. RBA deputy governor Andrew Hauser on Thursday hailed the "very welcome" data, as the central bank had been searching for more evidence of inflation returning to the midpoint of its two to three per cent target band. A host of new and increased US tariffs are expected to come into effect later in the week after nations scrambled to try lock down trade negotiations with President Donald Trump ahead of his August 1 deadline. Australia has been spared a higher tariff and though most of its goods will continue to face a 10 per cent levy, no US trading partner has a lower rate. This continuation is a "relief" according to AMP chief economist Shane Oliver, who noted Mr Trump has previously foreshadowed further tariffs on pharmaceuticals - one of Australia's biggest exports to the US. Increased tariffs on Australia's trading partners could also have indirect impacts for the domestic financial markets. "The surge in US tariffs still poses a significant threat to the global economy, which will likely become more evident in the months ahead," Mr Oliver said. Wall Street investors were feeling the pinch on Friday as new tariffs on dozens of trading partners and a surprisingly weak jobs report spurred selling pressure. The S&P suffered its biggest daily percentage decline in more than two months, with an 8.3 per cent tumble in shares after it posted quarterly results but failed to meet lofty expectations for its cloud computing unit also weighing on equities. Australian share futures dropped 32 points, or 0.37 per cent, to 16,231. The benchmark S&P/ASX200 index on Friday dropped 80.8 points, or 0.92 per cent, to 8,662.0, while the broader All Ordinaries fell 81.9 points, or 0.91 per cent, to 8,917.1. Profit reporting season also begins this week, with major companies such as News Corp, AMP and QBE Insurance set to reveal earnings results. Error in retrieving data Sign in to access your portfolio Error in retrieving data

Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?
Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

Yahoo

time8 hours ago

  • Yahoo

Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

VEEM Ltd (ASX:VEE), is not the largest company out there, but it saw a significant share price rise of 30% in the past couple of months on the ASX. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing. So, could the stock still be trading at a low price relative to its actual value? Let's take a look at VEEM's outlook and value based on the most recent financial data to see if the opportunity still exists. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. What Is VEEM Worth? According to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average, the stock currently looks expensive. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 26.85x is currently well-above the industry average of 20.67x, meaning that it is trading at a more expensive price relative to its peers. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Since VEEM's share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. View our latest analysis for VEEM What kind of growth will VEEM generate? Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to grow by 62% over the next couple of years, the future seems bright for VEEM. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. What This Means For You Are you a shareholder? VEE's optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe VEE should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping an eye on VEE for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for VEE, which means it's worth diving deeper into other factors in order to take advantage of the next price drop. So while earnings quality is important, it's equally important to consider the risks facing VEEM at this point in time. At Simply Wall St, we found 1 warning sign for VEEM and we think they deserve your attention. If you are no longer interested in VEEM, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store