Lately I’ve been reading and hearing about the FebuSave initiative by ANZ everywhere. It’s on Twitter, it’s in my in-box, in my Reader and just about every female authored blog I happen to read. It’s great to see so many women getting behind the FebuSave initiative and get some good regular savings habits going. I’m a firm believer in having a nest egg for the future and I think this is something all women should have, regardless of where their income comes from. Money might not be able to buy you love, but it sure can make life a lot easier when everything turns out pear-shaped.

Once you start saving just a little bit, it becomes easier. And it doesn’t have to be a huge noticeable amount coming out of your income. I started off my “rainy day” account with spare change collected over a year and now I just maintain regular contributions each fortnight. We put just that little bit extra into our mortgage each week. And even though I’m now 30yo, I still have a piggy bank which doubles as a swear jar. I’m not sure I should be proud of my $50 per month saving habit from that particular source or mildly mortified.

We have been talking a lot lately about going on an overseas holiday and while we aren’t ready to go now, there’s no better time to start saving for it. So I got myself a SmartyPig after hearing about it on All For Women – a very big thank you to Leigh for bringing this nifty savings account to my attention. It’s a dedicated bank account for my savings with this particular goal in mind. I put in my end date, how much I’m prepared to start the account with and then the SmartyPig calculated how much needs to be saved each month to meet my savings goal. It was really easy to set up and at a glance, I can see how I am progressing towards my goal. And the great thing about SmartyPig is that you can have multiple savings objectives (holiday, wedding, new lounge suite just to name a few examples) all within the same SmartyPig account.

If you’re looking for more information on FebuSave, head on over to the Be Money Confident FebuSave website. While you’re at it, why not get yourself a SmartyPig – it’s even better than a piggy bank and just as easy to use.

January 30th, 2010 | Category: Internet |  Print This Post |  Email This Post | Subscribe to comments | Leave a comment | Trackback URL