**Penniless Princess** – Saving Pennies in Expensive Months
How do you save your pennies? Please comment! I’d love to hear how you save – if you have any hints, tricks or habits you use.
Hello all! April is here!
April is a big month for me, in about four different ways:
1. It’s Mum’s birthday – happy birthday!
2. It’s the start of the countdown to the summer season at work. Lou and I were just saying today how we feel like things should be kicking up a gear. So far it seems to be relatively smooth sailing… fingers crossed, eh?
3. It’s April Madness time in the garden! I’ll be planting out my potatoes on Good Friday, and starting off more tomatoes and beans (mainly to replace the ones that the frost got…)
4. It’s car insurance month!
Now, some of you might know that the reason why I’m a penniless princess is because I own three cars. Three cars! One of them is Millie my Ford Puma, the best car ever, but who isn’t currently a road-going car; another is the Flying Banana, my daily run around – a Seat Ibiza in bright yellow; and finally, of course, we can’t forget the little blue Subaru called Dickie.
April is car insurance time for the Flying Banana and Dickie. The Seat isn’t expensive to insure, however insuring a performance car for an under-25-year-old isn’t ever straightforward. I’ve had Dickie for two years now: the first year, when I was 22, was extortionate. Luckily it dropped by £300 the next year, and this year my renewal came in at about £150 less. Usually what I tend to do is just pay both insurances up front, after haggling with my insurers, pulling a bit chunk out of my savings. This year things will be different!
I’m really focusing on saving this year. I’m trying to save £500 a month, which so far is going OK, but the big thing is to not dip into my savings.
My February paycheck was a biggie as I got an extra week’s wages, so straightaway I put as big a portion as I could feasibly get away with into another one of my accounts, earmarked as Dickie’s insurance.
Then obviously I had some unsuspected expenses. I won’t be the first person in the history of the world to admit that I have underestimated how much money I spend in the average month, and how much money just seems to zip out of my account. So I had to dip into Dickie’s account, here and there, and it went down a little bit.
Luckily I managed to get a good deal from my insurance company. I also decided to pay my Seat monthly – it might be a weeny bit more expensive in the long run, but it’s a little easier on the eye than a big chunk going out all at once. But insuring the Dickster on monthly payments is insane!
April has to be a careful month now! I have totalled up my outgoings and know now that on certain days I’ll be a lot lighter in the monetary weight department. *sigh* I suppose it’s all about learning to be a grown-up, eh?
So, Penniless Princess is all about me documenting my attempts to save my pennies, curb my spending (which has been, admittedly, wild in the past – whoops!) and to share the things I’ve learnt along the way.
Wish me luck!
I’d love to know how you all get on saving. Do you have a good way you’ve found of saving? Have you any good hints or tips on how to save?