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Tip Store: Finances: Slush Fund

Building a Slush Fund The Easy Way

Treat the Slush Fund money as an expense. Put $2 aside before you go shopping and leave it at home for the first 6 months or so. When the $2 is no longer a hardship, or if it isn't the first few times then increase the amount that you put aside and leave at home. Once you have a good Slush Fund Amount put it in its own purse/wallet and put that at the bottom of your bag. Do not spend from it unless you see a really good bargain on something you use a lot of. Once the habit is built, you will find it easier to do.
Contributed by Pat Parkin