My mom gave me this really cool tip. This is a really great technique to save small amounts of cash for rainy day activities! You will need to use cash for this method.
Take out a few small envelopes and title them what you want to save for (i.e. Manicure, Pedicure, Massage, Shoes, Lingerie, Amusement Park, Movies, etc.). You can have as many envelopes as you like.
You decide the frequency that you will put small amounts of money away in them (every month, week, etc.) and everytime you get paid or whenever you have some cash, put your cash away in your designated envelopes. So whenever your girlfriend calls you up to do something, or you want to do something exciting for yourself you can always turn to your rainy day funds to save the day.
I have envelopes for Borders Bookstore, Spa Treatment, and New Wardrobe. My goal is to have a all day spa treatment once a quarter and a enough funds for a spring/summer and fall/winter wardrobe!
Showing posts with label Fun Day Fund Techniques. Show all posts
Showing posts with label Fun Day Fund Techniques. Show all posts
Monday, February 18, 2008
Use Envelopes to Fund Your Activites for Fun Days
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Fun Day Fund Techniques
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