As you may have guessed from some of my previous posts and all my charity shop clothing, I like to save money. So I thought I'd tell you how I actually store my savings. Obviously everyone does this differently, but I use three different methods...
The main one is my savings account. I actually changed banks so I could have access to both my current and saving accounts online, which I'd totally recommend as it makes life much easier. Every month I look at my payslip and work out how much I can transfer into it when the next pay goes in - I know some people would transfer it straight away but I like to have a wee competition with myself to see if I can beat my target! And I almost always do, so it makes clicking the transfer buttons that little bit more thrilling ;) Also, if I'm taking money from my Paypal account or have an unexpected bill refund or the likes, that cash goes straight to my savings too - for me it's like money I didn't have in the first place and therefore can live without, plus it boosts the savings total. (warning, it's addictive to see those numbers rising!)
My second method involves £2 coins and an old trinket box - I came across this idea online somewhere a while ago. Basically every time you're given a £2 coin in your change, save it. It doesn't happen so often that you would miss the cash, but after say, a year, you'd have a nice little nest. I save them for Christmas pressies, but it could work for anything really - a new wardrobe, an updated iPod, or even a gift to charity at the end of the year.
My last way of saving makes use of a money tin I was given years ago - this is where I keep all that random change that seems to fill up my purse. (why is it so much easier to pay with pound coins than coppers?!) Every few days, my purse gets emptied of everything from 20p's down, and again, at the end of the year/when it fills up, can be used for whatever you please - mine was just emptied in to my savings account recently but I'm thinking next time it fills up I'll pick a charity and donate the total.
Does anyone use any other ways of saving? Leave me a note!
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