The trouble with saving money is that it is a total bore.
Once a month online payments are made into my savings account without my husband or I needing to be involved in the process.
I used to at least take some pleasure in handling the cash personally and watching as a bank assistant updated my log book for me. I love the convenience of electronic banking but it isn’t as satisfying somehow. There is the excitement of eagerly anticipating the annual interest payment – but realistically this makes little impact of the overall total.
Despite my negativity and grumbling, I am actually making very good progress and my savings are building very quickly in the scheme of things but with the the amount of money we need for our deposit it still feels like it will be a very long time until I can buy a house and the wait is DULL!
I would like to explore some more exciting ways of raising the cash to make the wait less arduous. I have come up with the following list of possible alternative strategies:
1/ Buy a metal detector and go scavenging
2/ Invest in the stock market
3/ Start a pyramid scheme
4/ Organise a bank robbery
5/ Find a pot of gold at the end of a rainbow
6/ Appear in a game show
7/ Take and sell photos of famous people with cellulite.
8/ Sign up for medical tests
9/ Visit a casino
10/ Buy a horse to enter in the Grand National
These options would offer me a lot more satisfaction than simply waiting until the end of each month for the virtual money in internet land to beam in to my savings account.
PROGRESS TOWARDS RAISING A HOUSE DESPOSIT |
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DATE |
% OF DEPOSIT SAVED |
ESTIMATED MONTHS TILL PURCHASE |
JULY 2012 |
28% |
23 – June 2014 |
AUGUST 2012 |
31% |
22 – June 2014 |
SEPTEMBER 2012 |
33% |
21 – June 2014 |
OCTOBER 2012 |
36% |
20 – June 2014 |
NOVEMBER 2012 |
42% |
19 – June 2014 |
DECEMBER 2012 |
47% |
17 – May 2014 |
JANUARY 2012 |
54% |
15 – March 2014 |
FEBRUARY 2012 |
59% |
14 – February 2014 |
MARCH 2012 |
62% |
10 – November 2013 |
Watch this space for “THE FACTS”