Friday, November 22, 2024

With this saving method, you can collect more than 5,000 pesos annually without effort

The rescue It is a habit that has many benefits not only for us personal financing, if not also for the ability to achieve our goals in the medium and long term and to get out of emergencies and unforeseen events.

For this reason, below we are going to share a new saving method with which you can save up to a year in an easy way and without having to make big sacrifices 5 thousand 580 pesos.

It should be noted that the important thing in this method, in and of itself, is not the ability to collect a large amount of money, but being able to make saving a habit that allows you to collect much larger amounts of money later.

For this reason, it is important that, since the amounts of daily savings are very small, do not try to wait until two weeks or the end of the month to make the total amount of monthly savings.

Photo: Piqsels

How to save on the Biggie piggy bank challenge

name this method Savings, which through social networks have gone viral, is the challenge of the piggy bank, and as its name says to be able to do this, the first step is to have a piggy bank where we will deposit our money.

Once you have a piggy bank or a box or some other place that allows you to put money in, the next thing you have to do is a table where you have to put a column for each number of the month, the next the amount that should be deposited that day and up a column Third to keep track of what you have saved.

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This way, on the first day of the month you have to deposit one pesos, on the second, two pesos, the third, three pesos, the fourth, four pesos, etc. until you reach the 30th or 31st, depending on the 30th or 31st pesos.

By depositing the corresponding amount daily at the end of the month, you will be able to collect 465 pesos, which gives us a total of 5 thousand 580 pesos per year, multiplied by 12 months.

Our recommendation to you so that you can complete this challenge and not fail to try, is that on a weekly, fortnightly or monthly basis you make a budget in which you put all your mandatory expenses.

This will help you manage your money in a better way, allows you to always pay for things that you cannot forget and leaves you a free amount that you can set aside for your entertainment and of course for your savings.

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