- Telangana B. Ravi Joseph accumulated Rs 1.23 lakh by hoarding Rs 10 coins for 3 years
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He bought a brand new Honda Activa scooter with as much as 12,300 coins
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After the showroom agreed to accept the coins, Joseph completed the entire transaction
Saving money does not require a large income, but regular saving habits are also important. And what a man’s whims will make him do, God knows. B. in Mancherial district of Telangana. This is what Ravi Joseph has demonstrated. He kept Rs 10 coins aside from daily transactions for almost 3 years and accumulated Rs 1.23 lakh from them. With this savings, he bought a new Honda Activa scooter. The discussion of their unique savings and purchases is now going strong on social media.
Daily through transactions made small savings
Ravi Joseph is a pastor by profession. He regularly hoarded Rs 10 coins left in his hand while buying vegetables, groceries and other household items. Instead of spending these coins, they deposited them in one place. Small daily deposits turned into big savings in 3 years.
During this period he collected a total of Rs.1,23,000. For this he had to store as many as 12,300 coins. He had started this savings with the intention of buying useful things for the family. Initially, some of his family members were skeptical about how useful this method would be. But later they also supported Joseph’s efforts.
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Ravi Joseph already had a motorcycle. But as it broke down frequently and did not run properly, they thought of getting a new vehicle. He decided to use the savings he had accumulated over the years for this. Finally, he bought a Honda Activa with the money collected from Rs 10 coins.
Showroom Accepted 12,300 Coins
The most unique thing about this purchase is that the entire amount was given in the form of coins. According to the manager of the showroom, Joseph had contacted the dealership about 15 days before purchasing the scooter to inquire whether they would accept Rs 10 coins. After the showroom agreed, he brought coins worth Rs 1.23 lakh and completed the transaction.
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This phenomenon shows the power of regular savings. Even a small amount set aside daily can be useful for a bigger goal with proper planning and patience. This story of Joseph can be an inspiration for those who want to adopt the habit of saving.