Wednesday, 21 August 2013

Savings!

Hi guys! 

On 12th October, I am going on holiday to Orlando, Florida with my parents and sister. I've been there three times before but i was 11 or younger all 3 times, so i didnt really realise the novelty of buying things in another continent (the USA!) and bringing them back to the UK to keep as souvenirs, or to try out something new. 

A key problem I identified when i was planning the holiday with Mum was that previously, me and my sister have been given about $40 on the trip to spend on what we want, and then we've often been disappointed that we cant buy everything we see and want.

To resolve this problem, instead of making our parents bankrupt, i decided to save. Previously, when saving, i have found that using my bank as a way to not spend money doesnt work, because instead of having the money in my hand and wasting it, i waste it online! 

My sister Chantelle had the idea to create a savings pot, so thats what we did. 


I got an old tub, one that used to contain pens, and added a lid made from card, then secured it WELL with sellotape, so i cant access the money. Considering i only made this last week, and have spent £25 getting my hair done, i think that over £4 is a lot to have in the tub already, purely from doing voluntary jobs. Today my dad owes me another £20 for doing spontaneous things such as mowing the lawn, cleaning the kitchen, mopping the floor etc, and for doing jobs he asks for, like getting music onto his iPod from youtube (£4 per album is my rate, he doesnt know im ripping him off a little since it's free and easy to do!) and i get £20 a week for ironing the clothes for all 4 of us (you may think thats a lot, but when nobody brings their laundry down for two weeks, the pile is HUGE.

I'm hoping that by the time we go i will have at least £100 in my tub, and i will do a blog post just before i go letting you know whether it was successful and how much i saved.

Are you going to be using this idea to save your moolas (money)? Xx

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