Tuesday, September 02, 2014

Life Hacks

It's Like 52 Pick Up-But Backwards With Money

So I have always had a hard time figuring out the best way to save money-I always get so worried about needing flexability in my finances that I would sent really high goals and not be able to meet them. In wasn't until I was exposed to this neat trick by the husbear Johnno that I would something that works. It's based off the weeks of the year and is super easy once you commit.

Plus It Makes Me Feel Like This

What it is is simple--working backwards you put away a set amount of cash based on the week of the year. The first Friday is 52 dollars, next is 51 dollars and so on... The really nifty thing about this is that by the time you reach the holiday season--you're only putting away a few dollars at a time so you still have a budget for things like gifts, holiday meals and Christmas film viewings...

It has worked well for me the last few years and helped me put away some nice amount of safety money. It's not going to buy me a house but gives a great cushion for unexpected rainy days. Anyone can do it because it is really motivating to see the amount goes down as your savings goes up. But if you asked me how much it adds up to? That I don't know off the top of my head.

Truer Words Were Never Spoken

1 comment:

AJ said...

Ends up being a little under $1400.