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RE: The Ultimate Guide to Frugal Living / How I Can Afford to Live in A Condo in Hawaii
Lots of great information!! Definitely need to resteem this one so I can come back to easily later.
Everyday I round out my cash to the nearest tenth and put the remaining in a piggybank. For example, if I have $16 in cash, I put $6 in savings. You'll be surprised how much you'll have at the end of the month!!
Thank you for the love @normalbro!~
(and sorry for the late reply! <3) I really like your strategy, I may have to revise my own plan coming up c; I will be very surprised, no doubt!
I find the mentality behind saving to be an enigma sometimes. Like a lot of people see saving as the same as throwing away the money? I rather save now, and enjoy later—my dream is to retire early, buy a house, pay my student loans (when I grad) and open an arcade!
Do you have any specific savings goals? I would love to know about them c:
Rather than having a specific savings goal, I'm beginning to think that having passive income is the smarter way. For me, penny-pinching and track my spending habits is kind of daunting and difficult. However, saving is easy. But then if my spending money is gone I go to my savings and then I have to start over again. It's like a vicious cycle.
I used to penny pinch, Imma be real... That made me feel hella poor xD
I think that being able to see how much is being drained from your account has a negative psychological effect on us. I think that by passively saving and not trying to get immediate satisfaction from saving on impulse (buying something on sale instead or using coupons for things we don't really want). By treating saving as a plan, we can make better financial choices in the future.
If you ever find yourself in Hawaii one day, I'll show you around! c:
Heres to limitless wealth!~