Are you a lover of patterns and numbers?
Fibonacci fun
Golden Mean grins
Times-tables totally terrific
Here is one simple action I do to trick myself into locking more money into savings:
Make the numbers in your savings accounts line up in a row.
Here’s what I mean, I use a notice saver account which means that I can’t access my savings for a minimum of 30 days no matter how many shiny things I want to buy.
This very neatly prevents me from buying shiny things.
About 2-3 days after arranging a transfer, I nearly always think twice about buying the shiny, shiny, stuff and cancel it. Ka-ching!
I try to add money to this account every single week, even if it’s only $1.
The way I trick myself into saving more, is by adding (say) $5 to each account, and then remembering how much I Love it when the numbers go in a row.
Isn’t it fun-ner to see a savings account at $8, 722.22 rather than $8, 714.37?
I think it’s waaaaaay better when the numbers all go in a row. It makes me happy.
And then, because you’re putting money in but not taking money out, the numbers go Up as well.
So not only do you have a cool number pattern, you’re also putting money into savings and increasing your wealth base.
Awesome!
All you do, is grab a calculator, and put enough money into the account so that the last four digits go in a row (eg $8, 714.37 would increase by $7.85 to make $8, 722.22).
Generally this will cost you no more than $11.12 per account, and when they’re all orderly and delicious, you’re going to feel really good.
Good luck and happy savings 🙂
…………………………………………………………………
By reading this blog, you agree that you read it under your own risk, and Gill’s Practical Bookkeeping is in no way responsible for any harm or prejudice to yourself, your business, or any fictional examples above.
I am not a financial advisor. I do not have an AFSL. I am a chick who likes to read, think, write, and has access to google. You should treat this blog with the same seriousness that you would treat anyone whose main qualification is access to google. This blog is for entertainment purposes only. It’s a little like watching The Good Place for nerds or artists.
Anything you take from this blog is your responsibility. Nothing in this blog, even if you are mentioned by name, address, and telephone number, pertains to your personal situation. Anything you agree with, or disagree with, you are welcome to comment on, but your opinions belong to you. You are responsible for your comments. If they are offensive, I will remove them.