Thursday, August 15, 2013

Saving Money

Recently I want to save money.

I save money not for buying anything but only for the sake of saving money itself. I am targeting at least 5,000 N.T by the beginning of next year. My plan is simple: increase the income and decrease the expense. Yet as it sounded simple, I found it hard to bring it to practice. First, my income only directly come from the monthly allowance, which equals to a three digits number that is smaller than 500. Second, subtracting the number that I have to spend every month (on meals and transporting fees), the monthly allowance will decrease to a three digits number that is no more than 300. So if I want to reach at least half of my goal, I should eat as much as I can when I am not paying for the mean and walk to school if my dad is not driving me. This could work. I know some parents will reward their children if the kids do chores or get a high grade in school. But it’s not my case. I think doing chores and maintain good grades are responsibilities rather than jobs that are rewarded. So no, I won’t ask my dad to pay me just because I mop the floor or get an A. To reach my goal, I should probably save the money to bank or post office or someplace like that. I can earn some money based on the interest from my deposit funds.

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