Daily Pool
Daily Pool
1 min read·Updated regularly
Share
Definition
A digital, regional community-finance mechanism where every member contributes a small fixed daily amount and one member from that region receives the pool each day.
Reading time
1 min
Format
Concept
Category
Daily Pool Section
ConceptsDefinition
The Daily Pool is a modern, automated adaptation of the ROSCA model. Contributions are small enough to feel insignificant to any individual member, contributions and receipts run on a 24-hour cycle, and pools are scoped per region so amounts stay appropriate to local purchasing power.
Key Takeaways
- It is community finance, not gambling — contributions are fixed and small.
- Every contribution helps another member on days you don't receive.
- Regional scoping keeps contribution amounts fair.
Continue Learning
Related content from across the Squirrelll.ing knowledge base.
Related Questions
Ask
Is the Daily Pool gambling?
Read
Ask
What is Squirrellling?
Read
Ask
What is a ROSCA?
Read
Ask
How does the Impact Fund work?
Read
Ask
How can I save money?
Read
Ask
Can saving $1 a day make a difference?
Read
Related Money Guides
Guide
I'm Broke. What Should I Do?
Read
Guide
Living Paycheck to Paycheck
Read
Guide
I Can't Save Money
Read
Guide
I Need Emergency Savings
Read
Related Concepts
Concept
ROSCA (Rotating Savings and Credit Association)
Read
Concept
Microfinance
Read
Concept
Impact Fund
Read
Concept
Compound Interest
Read
Related Research
Research
Save More Tomorrow (Thaler & Benartzi, 2004)
Read
Research
Mental Accounting Matters (Thaler, 1999)
Read
Research
Why Small Daily Habits Work
Read