Monday, 6 January 2020

Money

Ever since I moved back to my parents, I have been saving a lot of money. I reckon I am on about 30-35 percent of my income that goes into savings. That is a lot, although some of the money is just put on hold elsewhere, until I might need it. I have a piggy for Miss Oswin's vet bills, a piggy for the dentist and a piggy for Eurovision (fingers crossed for tickets). Plus several other piggies. 

Then my sister told me about something she had read on Facebook. About saving money. Basically, you equate the x-th day of the year with the same number of cents/pennies/whatevers. So, January 1st equals one cent, January 2nd 2 cents etc. February 1st would be up to 32 cents already and so on and so forth until December 31st equals 366 cents. 

According to this method, you could save well over 600 euros/pounds/whatevers in one year! Around 667 my sister said. Hm...

I am up to 21 cents right now! 

10 comments:

  1. Hari OM
    That's an interesting concept. Your own method seems to be working well for you though! YAM xx

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    1. It is okay right now as it is only cents going in, but once you hit the three month mark, it will go up quite significantly, until in the end you pay around 24 euros a month! I will see how it goes!

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  2. My life is utter Non-Cents. ;)

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  3. Any plan for saving money is a good one! It seems that in my family, whenever you get any money saved up, your car breaks down! Good luck with your saving plan!

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    1. But at least there is money saved up and you don't have to pay out of your regular spending money leaving you short for the next month!

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  4. It looks like Brom is enjoying swimming in all that money. Good luck on your saving plan.

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  5. LOL Brom nuttin' better than being covered in cash.
    Savings any way is wonderful. I like that you have a piggy bank designated for certain things.
    Hugs Cecilia

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  6. Soon you have to hide your savings under your metress because the bank will charge you for the account so you have to pay for saving ! I wonder where we go !

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Any weighty (and not so weighty) comments are welcome!