Budgeting tips: Pocket money for adults

Last updated 05:00 06/07/2013

Relevant offers

Budgeting tips from Kiwi savers

New parents learning to budget You can save and still have fun Saving money's easier than you think You don't have to live like a student to save Little things add up to big savings Surefire ways to help you save money Can you save on $18.50 an hour? Home budgets: sacrifice and spreadsheets 12 simple ways to save cash Budgeting tips: Saving is a lifestyle choice

We've asked our readers to share their best tips for how to save money.

When my wife and I first married we set up our finances so that we each had a level of discretionary spending money and all other money was held jointly.

The "pocket money" allows us to buy coffees, DVDs, magazines, etc, while ensuring there is a limit on the impact on family finances. It does mean that we have to prioritise the spending though.

Initially this was set at $10 per week and over time, as we have become more financially secure, we have been able to increase the limit.

At the same time we have been able to pay off our mortgage quicker and achieve some of our other savings goals, including tertiary education for our children and family holidays.

Have you got a great tip for how to save money? Hit the big green button to find out about how to contribute to this Stuff Nation project.

View all contributions
Ad Feedback
Special offers

Featured Promotions

Sponsored Content