Cash Stash - Money Savings Envelope (Part 5)

I am interested to see how you are going with your Cash Stash?  Have you started already?  Is your pile of money slowly growing before your eyes?

Today is the last day of this five-part series, with the final tip to help you to achieve your short-term financial goals quicker than you had ever imagined!

Cash Stash - Money Savings Envelope (Part 4)

I still have to reveal two more ways to help you see your Cash Stash grow before your eyes!

4) 'Left Over' Money

This one applies if you already have a budget, out of which, you set yourself a weekly spending limit.  As I mentioned previously, I give myself a fortnightly allocation (in cash) for the areas of groceries, petrol and spending money (which is my little splurge fund - which I use for things like shopping, eating out, nails, homewares, etc).

Cash Stash - Money Saving Envelope (Part 3)

Today is Day 3 in my Cash Stash series.  If you have missed the first two days, the links are at the bottom of this page.

Ok, the third way to contribute to your Cash Stash is:

3)  Food and drinks

A really easy way to see money disappear when you are out and about is through purchasing food and drinks on the run.  Not only does this hurt your budget, but more often than not, we resort to fast food, which is not all that nutritious for our bodies.  

I drink a lot of water, and I always take a water bottle with me whenever I go out.  It is so important to keep your body hydrated, and I hate being caught without water.  It also saves money if I fill up my water bottle at home, rather than buying a bottle at a kiosk, not to mention that it is better for the environment.

Cash Stash - Money Savings Envelope (Part 2)

Are you ready for the next way to help your Cash Stash to grow into a bit fat pile of money?

Here it is...

Cash Stash - Money Savings Envelope (Part 1)

My Cash Stash system is a savings method that I have acquired over the years, after reading a number of books/articles on managing finances.  This is a system that I have modified to work for me, and I am sure that you can modify it to suit you, if you are serious about saving some of your hard-earned cash!
Although I will admit that I don't do this all of the time, when I am being budget-conscious, I swing back into the habit, and it is surprising how much money accumulates just from these simple principles that give me excess cash (that I would have otherwise spent), which I like to call my Cash Stash!

Organising Finances to use the 'Cash Stash' Savings System

This week on the blog, I have a five-part series which reveals a budgeting method that I have used for many years, which helps me to achieve my financial goals.

In order to run with this system, there are few things that you need to get organised first!  So, I thought I would share these with you today, so that you can get your finances organised, ready to try this new savings method, that recently helped me to save $300 for an Expedit bookshelf for my study makeover, in just over one month!  I didn't go without anything, I didn't do extra work to get more income, I simply managed the money that I had budgeted using the Cash Stash savings system!

Firstly, it is best if you have a budget set up.  This system really works best if you partly operate your money system using cash, which I certainly do.  I get paid fortnightly, withdrawing all money that I have allocated for groceries, petrol, presents, spending, and spend the cash over the next few weeks, rather than swiping my cards.  I have labelled sections in my purse, so that I can keep my money easily organised to manage this system.