If you’re a gadget person like me your Amazon Wish List can get pretty large and expensive. So how do you manage it? Simple, by creating your own Technology Fund.
How do you do that?
- Open a web savings account (example ING Direct)
- Setup an automated savings plan (say $100/month)
- Only make gadget purchases from the money in the account
You can give yourself bonuses (transfer additional money to the account) when you earn extra income or save money. For example if you fix your neighbors computer, put that money into your technology fund. Then when it’s time to get that new MacBook Pro or iPad you’ve got the money. It also helps you stay on focus and not pick up every little device that comes your way.