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My uncle's advice about paying myself first actually worked
He told me 3 years ago to put 10% of every paycheck into a separate savings account before I even touched the rest. I did it with $50 a week in Denver and now I have $7,800 saved up for a down payment on a house. Has anyone else had a small habit like this turn into something bigger than you expected?
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lilykelly16d ago
My friend tried that with putting $20 in a jar every time she skipped coffee shop trips and at the end of a year she had enough for a weekend trip to Mexico. It's wild how those little chunks add up when you pretend the money doesn't exist. Now I'm thinking about starting my own penny jar just to see what happens.
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the_sandra16d ago
Isn't that the truth? @lilykelly you get it. Those little chunks are invisible until you look back and realize they built a whole thing. I did the same thing with spare change and it covered a plane ticket last year. It's almost suspicious how good pretending money doesn't exist feels.
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lindaowens13d ago
Oh man, I feel this so hard. I tried the same thing but with my coffee budget, and let's just say my savings account didn't quite make it to $7,800. I think I ended up with like $37 after a year, mostly nickels and a few dimes I found in the couch cushions. So congrats on actually having willpower, that's way more than I can say for myself. My "pay yourself first" strategy turned into "pay yourself first, then immediately forget where you put the jar." Maybe I should try keeping the money in an account I can't access without solving a math problem, because that's about the only way my self-control would hold up.
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