“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.”
“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.
Comments on this entry are closed.