Pin Money is a somewhat vintage term of extra money. Actually it potentially dates back to the mid-1600s! In the past it was considered extra money that a man would give to his wife as spending money.
How am I using the term Pin Money?
As a (single) woman that works full time, I’m looking for extra money but in terms of saving within my current budget as well as bringing in extra money on the side to pay for things. Be it pay down debt (the dreaded mortgage), some retail therapy from time to time, and ultimately find extra pennies to pay for home renovations. I’d love to do some upgrades to my beach house without taking out a loan.
So yes, I’m on a quest to create some pin money!