I don't know about you, but I make multiple piggy banks. I already have a coffee can used as a bank for travel, and I just made one for charity months ago. Paypal is another piggy bank - I'd spend about 40% or less of the money received from the Ad Program on HubPages (the earning threshold is $50, so I'd limit my spending to $20) on online purchases.
I'm (hopefully) due to get a job, and my mother and I agreed to divide my salary in fourths (one quarter for savings, another for loans/mortgage, one for travel, and one for me to spend). But of course I'm planning on not spending all of my portion in one place. 10% of my salary is going to charity. I'd save 7% on taxes. And the remaining 83%?
Well, if I don't spend all my money on wants (polymer clay, beads, etc.) I'd set that money aside for a Disney Annual Pass (even a Premium one because of free parking) and call that a pass for staycations! Or even better, my student loans. (Well, because I'm also doing a legit network marketing business besides my future job, I can knock them off fairly easily.)
Do you make at least 2 piggy banks? How would you label each one?
I used to do the change-saving thing. But it seems that all the damn stores get very excited and obstructive these days whenever I'd try turning in the rolls. So I finally gave up and said to heck with it. Oh, well...
Sure! One is paypal, where HP deposits it's only income. That's play money - vacation, trips, etc.
One bank savings account is for taxes and insurance, and another is for emergencies or, when it grows large enough to leave some for unforeseen events, home improvements. We want a carpet and a couch now, and have nearly enough for the first.
Congrats on being near the goal of saving for a carpet and a couch! I am in the process of making another 2 banks (one for the savings for big ones besides my trips in and out of state, such as the aforementioned Disney FL Resident Premium Annual Pass or that college loan, and buying a waterproof money keeper for emergency funds).
The one for savings will be covered in polymer clay cane slices (to indicate special savings). I already have a coffee-tin bank for vacations, a wooden bank for spending, PayPal, and the aforementioned bank for charity.
by Mazzy Bolero5 years ago
Is it ever right for Banks to take customers' savings?Cyprus is to freeze all accounts over 100K Euros in their second-largest bank and take money to pay off the country's debts - potentially 100% of customers' money....
by starme778 years ago
or money that just kind of disappeared from your account and things just didn't add up?
by Evan G Rogers6 years ago
I've been told numerous times that "creating money out of thin air" is a good thing. And when I argued against it, the "conscience of the liberal" told me I was ignorant.Then, when I pointed out that...
by ngureco3 years ago
How You Succeeded In Finding A Way of Making Money Without Spending Money?
by muhammad abdullah javed3 years ago
How do you do budgeting and saving?
by MikeNV7 years ago
When these Tax "Breaks" expire... you know the ones put into place by that Evil Bastard Bush...Will they not effect those under $250,000? Of course Obama can just say he didn't raise them... he just let...
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.