How a Man Saved Over 500k Just by Using a Savings Box

Mikey is a 32-year-old man who has always lived in the same city and works as a technician in Port Harcourt. He has never been interested in saving money and he never had any idea how much you could save if you wanted to. After all, there are many people who want to save more than they do and that’s why they have found this method of savings very useful! Have you ever used savings box? Where you satisfied with the amount you raised? What did you use the money for?

The idea is simple: you put a dollar in the box when you got some extra.

By doing so, you’re saving money when you have some extra cash. You must be honest with yourself when you know you got some extra. Don’t spend all you got, put some into your savings box.

This could be a great plan for your 2023 goal settings. The savings box should be your local bank, securely kept within reach.

The box should be placed in a high traffic area that’s easily accessible by foot or car (or both). It should be secure enough not to fall over or break into pieces when someone bumps into it unexpectedly.

Mikey’s always drop 500 or 1000, anytime he has an extra cash with him and he added it to his savings account.

Mikey, a young man who works in a small company and is also a student, had saved up more than 500k. He was saving for an emergency but didn’t know how to invest it. At the end of the year, Mikey said his savings box was his rescue when he needed financial help.

He explained “Whenever I have extra cash with me, I add it to my savings box.”

At the end of 1 year, Mikey saved over 500k

He was able to save a lot of money because he didn’t spend it on unnecessary things.

He did not use any credit cards or loans and used his savings box instead.

Conclusion

But what you’re doing is so simple, anyone can do it. It’s not just a one-time thing either—you need to continue saving and using this strategy over time in order to build up your savings balance. The more you save right now, the better off you’ll be in the future!