Friday, April 2, 2010

Realize Your Savings

So a few days back Amanda and I were talking and she was telling me about some goals she had for herself. One of them got me thinking. She said she wanted to be better about coupons and sales, and then using her savings there to continue to build our food storage. When she said this I got thinking about a book I read a few years back that touched on this subject. I can't remember the name of the book but the author called the concept "realizing our savings".

The idea is that when we go shopping especially for big ticket items we usually have a budget we have laid out for what we are willing to spend. When we find a deal that saves us from spending our full budgeted amount we should realize that savings by putting that money saved aside. In Amanda's case she is going to realize her savings through having a little more to spend on our food storage. It is a fun principle to think about. I am sure it could get exciting after a year or two to look back and see all that you saved as a result of realizing your savings.

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