Feb 25 | Money Saving Tips
Today’s budget tip: Use cash!
One of the best ways to not overspend is to carry cash whenever possible Out to dinner or to the grocery store, if you take exactly what you have allotted for that outing, you won’t be splurging on unnecessary things because you won’t have any more money to use. Once you’re out of cash, you’re done spending!
Using cash is an easy way to keep yourself on track and not splurge in the moment.
Do you use cash on a regular basis? If you don’t, do you find yourself spending unnecessarily?
Feb 22 | Money Saving Tips
You don’t necessarily have to stop doing everything you love. Just find a better and cheaper way to do it.
If you love coffee, get a french press for home or work and start making your own instead of dropping money at a coffee shop. Or, if you enjoy getting your nails done, why not find a friend who enjoys painting nails to do it for you! Make an afternoon of it at home!
What are some ways you make substitutions in your life to help save money?
Feb 20 | Money Saving Tips
Today’s budget tip: Don’t shop with other people!
Social pressure is powerful and often convinces people to buy things that they don’t really need. It’s much easier to say no to something you don’t really need when you’re shopping alone!
How true this is when you’re grocery shopping with kids. I’m sure once Sienna is old enough to talk, my peaceful shopping will turn into me saying quite a few no’s, with some yes’ thrown in, I’m sure!
How often do you shop with others? Do you have any tips on grocery shopping with kids?
Feb 19 | Money Saving Tips
Today’s budget tip: Treat saving money like an expense!
Expenses are recurring things that have to be paid in a timely matter or your services will be cut off and you’ll have to deal with the consequences.
In order to not feel the consequences of a bank account with no savings, why not add an expense to your monthly budget called “savings”? By treating saving money as an expense, you can only expect to see your savings account grow, since it can help you create a habit of getting that money into the bank. Go one step further and have some money automatically deposited in to your savings. After all, when you save money, you’re paying yourself!
Are you in the habit of treating saving like an expense?
Feb 15 | Money Saving Tips
Setting a budget is important, but so is setting a realistic budget.
It can be really exciting, at first, if you’ve created a budget that shows you accumulating tons of money, really fast. But keep in mind, you still have to enjoy living. Enjoyment in life can mean different things for everyone, but having money within your budget especially for living life can actually help you stick to the budget you’ve set.
Feb 14 | Money Saving Tips
If you use a credit card for your purchases, make sure you read the fine print for details on fees you may not be aware of!
Check out this post on Squawkfox.com to read about silly credit card fees.
Have you ever been charged any ridiculous fees?
