A piggy bank is the answer to saving for your next holiday
Not just for kids, the humble piggy bank is a great way to save up your hard earned cash for something special.
How to:
- Find a piggy bank for your savings. You can also use a glass jar or vase, which is great to be able to track your progress.
- At the end of each day come home and throw any coins that you have into your piggy bank
- Try paying for everything with notes instead of cards and keep all of your change each day for your savings jar.
So what are the benefits? Today we have four great reasons why you should start saving your coins in this way.
Pain free
You won’t even notice it missing from your wallet. As the money doesn’t feel like much you won’t feel as though you are actively ‘saving’ even though you are.
Fast results
Think about it, if you place just $5 worth of coins in your jar each day, it will only take one month to save up around $150.
Out of sight
Rather than keeping it in your savings account, it’s a much better idea to keep your holiday fund somewhere that you can’t accidentally spend it on everyday things like bills or petrol. You’re less likely to dip into it even for unexpected bills, as you know it is for your holiday.
Satisfying
You can literally see your savings building up, especially if you use a clear vase or jug. At the end of each day you will hear the satisfying sound of the coins being deposited. You’ll know then that you’re one step closer to that holiday that you thought you couldn’t afford.
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