Are you a spender or a saver? I wish I could tell you that I'm a saver, but unfortunately I prefer to spend my money. I always have a list of things that I want to get which is why I enjoy couponing so much, I'm able to rack up huge amounts at the store and then decrease the amount I actually have to pay out of pocket. However, I'm always looking for ways to start saving my money. My major problem is keeping the money I put in my savings account in there.
Awhile back I came across a pin on Pinterest that showed a $1 fund. The couple threw any $1 bills they had in a bucket throughout the year and then at the end of the year had quite a bit of money that they had saved without really trying. I thought this was a great idea but wasn't really keen on the idea of having a bucket out in the open overflowing with dollar bills. So I decided to start my own version of the $1 Fund a few weeks ago.
Instead of using a bucket, I opted for a regular size envelope. This way I'm able to tuck my savings away in an inconspicuous place and still save up some cash. The key to this plan is to only place $1 bills inside the envelope. My coins go in a counting bank elsewhere and I do not hold onto larger bills. I am usually quite bad at keeping cash on me anyways, but I've been trying to make an effort to not use my debit and credit cards quite as often.
Now the only problem is, will I look like I got a second job when I try to put this all in the bank at the end of the year?! ;)
Have a great day everybody! Happy saving!