Again and again, we make it our goal to save money in order to be able to realize various big or small dreams. However, in most cases, the d...
What is the 5 Euro savings method about?
We are talking about the 5 Euro savings method, with which everyone can easily save a lot of money on the side. With this 5-euro trick, saving is even fun and it can be implemented immediately. The method can be integrated into your everyday life without any further effort and takes almost no effort. If you get used to the 5-euro trick, you can quickly look forward to a considerable sum in your piggy bank.
How does the 5 euro savings method work?
With this trick, the name says it all and the method is very simple. Whenever you get a five-euro note as change at the cash register or at the ATM, you put it away immediately and collect it. Whenever and however you get hold of a 5 euro note - as soon as you hold it in your hands, it is put aside. When you get home, put all your 5 euro bills in one place. You can use a money box for this, for example. The secret of the 5 euro savings method is that you hardly notice the individual missing 5 euro bills in your wallet. In your piggy bank, however, a quite large amount accumulates over time, which you will be amazed at in the end!
Self-discipline is important
As just heard, the implementation of the 5 euro savings method is very simple. However, you always have to be consistent in your execution! It is very important that you don't touch the growing amount of money in your piggy bank. Only 5 euro bills go in there, you are not allowed to take any out. Even if you need a small change, the fives are taboo. The collection box is a real savings system and not a place to go if you need some money quickly.
Once you start the 5 euro trick, you really have to consistently pack away every fiver. Because when you start making exceptions, you become more and more careless and saving is done. The best thing to do is make a routine out of the 5 euro savings method and first put all the 5 euro bills you have received in your piggy bank every time you get home.
Set goals for motivation
To increase your motivation for the 5 euro savings method, it helps if you set goals. Make it a point to do the trick over a period of time. The longer you save, the larger the amount of money you end up with. Possible savings goals could be the next vacation, your upcoming birthday or the next Christmas party. Mark in your calendar when you started with the 5 euro savings method and when you can finally count. The circled date will encourage you and give you extra motivation!
The following sample calculation can provide a further incentive: if you save an average of four 5 euro notes per week, you will have accumulated over 1000 euros after a year.
What if I'm low on money?
Of course, 5 euros can be quite a lot if you don't have a large budget. In this case, you can simply choose a smaller amount to save. For example, you specialize in 2 euro coins. Even if you save these, it can add up to a significant amount!
Always remember: You can modify the trick in any way you like and in any way you will raise a considerable amount that would otherwise not exist.
In summary, this savings method is very simple and can still make a big difference. The trick is effective and can be used immediately without any preparation time. It can be perfectly integrated into everyday life and hardly bothers you. In addition, there is no upper limit to the sum that accumulates when you save. The savings method is also very flexible and can be modified as you like, so you can adapt it perfectly to your needs. It is important to remain consistent and never use the savings as a nest egg. For more motivation, it helps to mark a specific date in the calendar when the piggy bank is slaughtered.
Have fun saving and don't forget: small livestock also makes crap!
