Hannah Koumakis started saving for a home deposit from the young age of eight. The New Zealand woman’s money-saving journey began in 2017 when her parents decided to give her $150 pocket money every month.
How woman saved her pocket money. Rather than blow through all the cash she earned from completing daily chores, Hannah split the funds into four accounts: Long-term savings, short-term savings, spending and tithing to her church. “Introducing you to the pocket money system created by my father... My parents wanted to teach us how to be really good with money,” Hannah, now 24, said.
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