One of my workmates (who is a fellow budgeter) told me about his method of budgeting which I had never heard of before, I don’t think it has a name, so I am going to refer to it as
Basically what he does is check his bank account on a regular basis (perhaps every two days or week) and “skims” the top off the number (for example if he had £22.55 he would skim the £2. 55) and transfers it into his savings account (I LOVE that online banking can allow you to transfer your money between accounts in mere seconds!!) and because you can only withdraw cash from ATMs in increments of £10 (or £5 at some rare bank machines!!) in theory he will never “miss” the money he is skimming off the top! A great effortless way to save money into your savings, by the end of the month you could see potentially massive savings of money, and every little helps!
On that note I will leave you with some advice from my Grandma, which is:
“Squeeze the pennies till the Queen crys for mercy”