Hannah Koumakis
๐ค SpeakerAppearances Over Time
Podcast Appearances
It wasn't 10% on your spending money.
It was 10% of your overall how much you earn.
So $140 was $14 that had to go every single month towards someone.
I think we did World Vision and we'd give towards a child or an organisation.
Potentially seven may be too young.
I personally think it was great.
But I think there is a middle ground, definitely, whether you kind of alter it slightly to your child, depending on their personality.
But we'll go back to the split real quickly.
So we had $140 that came in every month.
50% went out to my savings, my long-term savings.
That is not to be touched.
only for a house.
Then we had short-term savings.
And we'll touch on this another time.
But short-term saving is for something short-term like a car.
So again, at the age of seven, I was saving for a car that I would literally not be able to get until I was 16 years old.
And the remainder was going towards basically just buying anything and everything.
I hate the word stingy, but did it make you not want to spend money?
Yeah, we were all very different.
But yeah, I feel like for me, it definitely did.