09 February 2009

Tip of the Day February 9, 2009

Start a Slush Fund

Allow a set amount of money each week for bargain buys. I call this my slush fund and it is a budgeted item. $5 or $10 a week is added to the slush fund so that you can stock up on extra soap powder, butter, breakfast cereals, toilet paper, meat etc when they are on sale using your slush fund money. This way you will always be able to pick up a bargain without putting a strain on your budget. You can build your slush fund quite quickly by adding the excess grocery money to it after you have done your shopping. No bargains this week? No problem, just let your slush fund build up. You'll find a bargain soon enough.

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