My Depreciation Fund

MDF. Its not wood. Its My Depreciation Fund. Long before I had watched and gained some insightful inspiration from ‘the minimalists: A documentary about the import things’ I had been saving via a method of depreciation. Its something the business world use all the time. This is my method and is worth while.

how it works.

step 1
Divide the total cost of the Product by an estimate of how long the Product shall last for Lifespan (in years).

step 2
Take the sum from step 1 and divide this by 52 weeks and this shall give you a saving amount, in pence, for each week.

step 3
Set-up an automatic payment to a savings account for the total Lifespan in weeks calculated and watch the savings grow.

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