I just saw this idea on Twitter, and think it’s brilliant.
I’m very aware that a lot of my spending comes from takeaway coffees, especially in the mornings on my way to work. So I might give this a go, cutting out caffeine from my commute and just having a nice cup of tea in the office instead.
What about you? Could you give up something small and put the money aside instead?
It’s a great idea to put a little money away for the little thing you could do without sometimes . Well done well that’s £5 in the how much do you think you could save?
I save £2.50 every morning by stopping going to coffee shops. All i had to do was spend £360 on a fancy Nespresso machine where the pods cost 25p each and i need 2 pods each time. So that’s £2 saving a day, only need 180 days to break even on my investment lol
I set up a commute savings pot at the start of the year - every time I cycle to work instead of taking the tube, I put £6 in the pot (payg tube fare is £5.80 per day, so I’m giving myself a little bonus too).
So far this year I’ve saved £258, so it’s looking good for a new bike for myself at xmas
How about if the transaction is from a coffee shop then the same amount goes into a pot. So you buy one for £2.80 then the same is put into a Coffee pot. You could soon realise how much you are wasting (not in my eyes though ) on coffee.