Have you ever found a forgotten 20 dollar bill in your winter coat pocket? How about 5 bucks in your gym bag from several months back? I don’t know about you but this rarely happens to me. However, I can think back to one of the few times it did happen and it makes me smile. Seriously! I am smiling right now while I write this.
It feels like found money!
I like that feeling so much that I have started the practice of creating my own “found money”. I am sure you have heard me talk about one of the best financial decisions I have ever made – the Christmas club account. I think I love this account so much because it feels like found money. I do a simple payroll deduction every two weeks. It’s not big money, only about $40 per pay check, and to be honest I don’t even notice it. But when Christmas rolls around we suddenly have all of the presents covered and even have some funds left over for our travel expenses!
It’s like a pre-paid holiday – I am smiling again just thinking about it!
Here is the deal guys, you can create found money situations all around you. How about a short list of some ideas that you can win at and smile about:
- Retirement saving
- Christmas expenses (including travel)
- Insurance premiums
- Vehicle registration
- Home repairs
- Back to school expenses
As you can see the possibilities are endless! I know some of you are already doing this, what are some of the expenses you set aside for? Please share!
You know what else makes me smile? A picture of my puppy (see below)