Life Pro Tips

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LPT requests : Money savings (feddit.uk)

submitted 4 months ago by yewg85lcx@feddit.uk to c/lifeprotips@lemmy.ml

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Starting from payday, I daily move some money to a piggy bank, which helps for some short term requirements.

Any other short term saving ideas? long term also?

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[–] The_Che_Banana@beehaw.org 2 points 4 months ago (1 children)

Cash is absolute king.

Every payday you pay yourself cash...leaving a the amount in your account for monthly bills, gas etc.

Because cash is so inconvenient to use, it's easier to save, and that takes training. Want a new TV? That cash stash is over here and when you have enough you will look at it and ask yourself....do I reeeealy want it?

It took me 3 months saving tips and also selling my Xbox at the end of that time to splurge on a steam deck. Worth it.

My wife used to budget cash for me out of my check, and that suited me judt fine (she handled the household budgeting) and I was able to buy gifts without anything showing up on our account, get myself things without trying to figure out if I was over spending, and save up for mods for my then hobby driving offroad and camping.

Cash is king, and your brain needs training .

[–] yewg85lcx@feddit.uk 1 points 4 months ago

Thanks. My spouse handles house budget, so no thinking on there. But, I need some serious saving plans. Any other tips to train the brain.