Sunday, February 13, 2011

The Evolution of our $5 Bill Fund

After we got engaged, I was reading an article on saving money. One thing in the article talked about $5 bills. The principle was basic. Anytime you get a $5 bill back, you can not spend it. Now, if we are at a bar, the rule was once we left the place, any $5 bills in your wallet can not be spent.

We thought this would be a great way to say for the honeymoon. We called it the Honeymoon fund.

This trick actually works really really well. We saved over $1,000 the 12-15 months between when we started it and our honeymoon. After we got back from vacation, since it worked so well, we decided to keep doing this but call it our vacation fund.

We were never as good at keeping to the rule as we were for the honeymoon but we always ended up with around $1,000 per year playing this game.

Yes, we are still saving $5 bills and we still have the fund. However, very recently we decided to call use this fund for something else...baby sitter. Now the fund is called the babysitter fund!

Now, when we want to go out without Samantha, the cost of the night does not seem as bad.

So those of you at home keeping track, the evolution goes honeymoon to vacation to babysitter!

I think it will be the babysitter fund for a while...