Resolving to spend less and be more awesome.

“I’ve been seeing the 52 week savings plan show up everywhere on my Facebook dashboard, with the promoters imploring people to save. And it’s not a bad idea – showing how putting away a little extra each month can mount up faster than you’d think.

I didn’t put it on my list of New Year Resolutions however, because I am at best disorganised, and at worst, positively scatty. I would remember to save really well for the first month, and then, pffft everything falls apart. As a saving strategy, I work best with a direct deposit out of my account every week. Then I just pretend that money doesn’t exist. It’s easy. I don’t have to think about it.”

Read the rest at Money Circle.

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Comments

One response to “Resolving to spend less and be more awesome.”

  1. river Avatar

    “Then I just pretend that money doesn’t exist.”
    That’s exactly what I do with my envelope system.
    One envelope for electricity, one for gas, one for mobile phone recharge, one for savings, small amounts on a weekly basis.