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At the end of the week of using the magic jars I have some money left over. Not much unfortunately, but where then is the best place to put that?

  Name withheld        

Isn't it amazing that you can go on a budget and have money left over at the end of a week! Wow!

As to what to do with that money, think about this:

  • Some of your jars are cumulative. For example, your transportation jar has "car repairs" in it, but you don't do repairs every week, so you have to accumulate the "repair" money so when you need it you'll have enough.
  • Some jars don't give you enough in a week to do much. For example, you may have a small clothing/gift amount in that jar, and it may take several weeks of saving before you have enough to go shopping.
  • Some expenses go up or down over time. Groceries are a good example of this. There are some weeks when my grocery bill goes way up, because I have to buy cleaning supplies, or because of a particularly large/special meal. Having some extra money around for those spikes take the pressure off the rest of my budget.

If you're sure you have money you're not going to need to spend, you could use that money to boost your emergency fund, top up your savings, pay down your debt or have a party. Let me know where and when.

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