Thursday, 19 October 2017

Micro Saving

I can't remember where it was but a little while ago I saw a tip/ comment that saving just under £84 a month would be £1000 over the course of a year, so that has become my aim and my secret mission to help with our many and varied large upcoming purchases. 

Dan kind of knows I'm doing this and is slightly amused by my vagueness when he asks about the shopping budget On his part he's resurrected an old bank account - he was very impressed he could remember the login after not using the account for over three years. He is socking away the change jar money - I was in serious trouble when I spent a 5p coin the other day! £10 is going in this lunchtime, he also pays himself £2 every time he cycles to work, that is going into this account too. It's micro saving really but it's mounting up. 

If I buy any yellow stickers, or buy something that's on offer I'm saving the difference. This helps in two ways - the savings themselves and it means I'm only buying things I'd buy anyway and not getting sucked into what the supermarket wants me to buy. 

I received a £2 voucher from the supermarket after my complaint/comment last week. I had to laugh at the envelope though - 


my name
(housenumber) Road
Town
Postcode

No street name! The street name was written to the side of the envelope, I assume it was added at the sorting office. I don't feel as bad about making a comment about attention to detail now!

The bathroom guy came round on Saturday to talk through my many changes to our plans and to test the bathroom tiles for asbestos. The results were emailed through yesterday - negative! What a relief, safer and a real money saver as I wouldn't have fancied removing them myself so we would have had to pay to have the job done.

I also found 47p at the bottom of my bag! I think I'm focused on micro saving as we are just not doing anything so my world is micro too, I believe one day I will leave this town again! Is anyone else a micro saver?

I've added a microsaving page in the tabs at the top of the page, I'll update as we go.

14 comments:

  1. Im a super micro saver in some ways. Every penny i find in the street whilst walking the dog gets put in my daughters university fund. I have recently started saving properly into it too.

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    1. That's a really good idea. Having emptied the collection box on the counter at work I know how much those pennies add up!

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  2. We have a jar we save coins in, this pays for the treats for the Grandchildren. Whatever is left from our housekeeping budget each month goes into a fund towards our holidays. Since moving our council tax and water rates have been greatly reduced, we down sized considerably and we are lucky enough to be able to save the difference. The heating/oil seems to be a lot lower again due to the size of the cottage so we are hoping that we will have made some saving there too. I am a savvy shopper and also good at recycling fabrics for other projects. We are living in the location of our dreams and reaping the benefits of reduced outgoings. Our cottage is micro and took a little getting used to but the best decision we have ever made.

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    1. I like the idea of a grandchildren treat jar.

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  3. Great idea! I don't have any microsavings yet other than a coin jar. I love the idea of paying yourself for a task like cycling to work.

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    1. The cycling thing works on both sides for him, he boosts the savings by not using the car and during the summer it's quicker and easier to cycle whenever possible as the town is so busy with holidaymakers. Plus he rarely takes time to exercise so making it a part of his day gives him no option!

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  4. Excellent idea, I do save the leftover allowance I get every two weeks plus all the change I find on walks or in the bottom of my purse.

    God bless.

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    1. It's a good way to boost the savings isn't it.

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  5. I have just stopped saving loose change - I found that it was a problem having it hanging around in those little plastic bank bags in my drawer waiting until we had enough 5p's or whatever to make another £5 bag. When I had about £20 worth I would then carry them down to work and then round to the bank at lunchtime and wait in the queue and wonder why I was doing this and what benefit it was. So I made a decision to stop as it doesn't fit anymore with simplifying my life. Now I am careful to spend my change before I break into another note so my purse doesn't weigh a ton! Instead I am making sure I save each month before I spend and this makes me have to be careful not to overspend during the month. I like this micro technique though - I have just read a great book on this and will be doing a post about it soon as it is definitely a good way to do anything not just saving.
    Good news about the bathroom, the voucher and most of all the great 47p find!

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    1. Our main savings go into the savings accounts on payday so we never see it. At the moment though we're looking for smaller ways just to add any extra pounds as we have quite a few things to save for. Change doesn't always make it to the bank, sometimes it goes into the self-serve till at the supermarket.

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  6. Nothing wrong with ‘micro saving’ - it all adds up.
    I’ve started using the MySupermarket website, not to do a full shop, but to keep an eye on things I buy regularly which have a long shelf life, and then stocking up when they are on offer. This week it was Nescafe for £4.50 instead of the RRP of £6.80, peanut butter at £2.75 instead of £3.45 and lots more besides. I realise I am not buying ‘cheap stuff’ but I’m darned if I will pay full price for things that are going to be on offer at some point in the next couple of months.

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    1. That's a really good idea, especially for the more expensive things that we use all the time. I'm going to start doing that!

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    2. It was dead easy to create an account, and then I searched for various products and made them a ‘favourite’. (Little blue heart bottom left of product picture). Bear in mind I’ve only been using it for a few days, but I think making something a favourite will keep it on your account permanently.
      Now I need to add toiletries, laundry products and so on.

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    3. Thanks for the tips, I appreciate it.

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