Friday, August 15, 2008
Frugal Fridays: Saving For A Special Purchase
This year, I've been saving to buy a grain mill. This is a kitchen tool that I believe will be well worth its cost in terms of nutrition and should serve us well for years to come.
When it comes to small kitchen appliances though, grain mills are not cheap. I have had my eye on them for a while now and knew I simply couldn't afford to just buy one.
At the beginning of this year, I decided to start saving for it. I figured it would take at least a year or even more before I could have enough saved. But surely I would save more by starting a little grain mill fund than by just thinking about how much I wanted it!
I purposed to save a portion of my "play money" each month. (We budget for my husband and I to each have a small amount of fun money every month. We can spend this money however we please.) I also saved my birthday money and a small amount of our tax refund that was mine to do with as I wanted.
Surprisingly, my meager contributions each month started adding up and now 8 months later, I am only about 2 months away from purchasing my grain mill!
Proverbs 13:11 says "Dishonest money dwindles away but he who gathers money little by little makes it grow."
This not only applies to small purchases like a grain mill but also to larger goals such as building a savings account or saving for a house.
So if you think that you cannot save any money, take a good look at your budget and see if there is any way you might be able to save even a little bit of pocket change each month. Small amounts of money eventually add up too and before you know it, you too will have reached your goal!
For more frugal ideas, please visit Biblical Womanhood.