Sitting on the nest egg
By blog on Mar. 15, 2010.
I really do enjoy watching my savings grow, it’s like waiting for an egg to hatch.
In the last few months I’ve been trying especially hard to save a lot. My SO and I pool our finances, which does make a difference, and she’s just as committed as I am to saving for our future. We’re both of the mind to retire early in life, but that means putting a lot of effort into it now rather than later.
Since I was able to start working from home, I’ve been amazed at how much I’ve been able to save. As any savings news website can tell you, it’s often the little things that you waste the bulk of your expendable money on without realising it. For me, it wasn’t only things like fares for public transport, it was often food or coffee or tea on the go. Being able to grab a cup of tea whilst waiting for your bus, and not worrying about the few bob you spent on it: after a week or so you’ve started to spend some serious cash on little items.
My SO loves packing a good lunch for work – and doing the same for me before she leaves for work in the morning – and has even gotten us nice bento-box styled containers so that there’s no throw-away packaging either.
So, knowing that I would be spending less, when I did start working from home, I committed to saving more. It’s been fantastic to get my monthly statements and see our cash ISA savings account really start to pick up pace in the last few months.
Also, another word of advice, never be afraid to swap savings accounts! If you’re not in a fixed term account – and many good savings accounts are more about having a certain amount to deposit when you open the account, rather than having the funds in there for a certain amount of time – you can always shop around for the best savings deals. If I thought Nationwide Savings and Investments had a better account option, I’d not hesitate to open an account and swap the savings over. It’s your money, and you’ve a right to put it where it will best earn you more!
Category: life
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