Creating the saving pot

One really interesting way to save some money is to identify opportunities where one has saved money and convert that into a "pot".. which then gets invested.

Here is the idea..

Everytime we in some way or the other negotiate, walk or save some money... just identify it and find out how much does that convert into ...

I use two means... one a real pot and another a mobile application ... any sort of expense manager which you can download from the application store for free...

So what all have I found I have been able to save on

1. Differential pricing in petrol from delhi and Ncr ... its quite significant and I can save 500 rs on a full tank... so whenever I go to delhi... I get the tank filled.

2. Parking charges... so instead of spending a lot of money on parking.. I prefer to walk... saves both money on parking and petrol and it's good for health.

3. If I want to buy something and I contain the urge... that's a saving ... :)

4. Using some coupon websites ( wait for the next post on this )

So these ideas build up to a significant value .. over and above the regular savings that I do...

Small drops just add up... from a financial perspective .. its just simplefinancialsense!!