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Savings drive
Answered 3 years ago
How do people stop spending and really pull themselves in and go on a "savings drive"? I want to be able to save $350 a fortnight, it's probably out of my budget TBH but I need to really reel myself in and not spend anything until I've reached my goal. Just how do people do this
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ANSWER
3 years ago
You set it aside and NO matter what dont touch it.
ANSWER
4 years ago
So I added up my monthly income which is only just over $2200, and my monthly expenditure is $2090.... I'm so confused as to how I have money to spend on shit I don't need because clearly the numbers are saying I don't have money to spend? I suppose I spend a lot on takeout because I hate cooking and my kids always wanting to buy stuff off eBay so I do it.
I don't have credit card debt before anyone says I'm living off credit... Well that seems depressing 😂
I don't have credit card debt before anyone says I'm living off credit... Well that seems depressing 😂
ANSWER
4 years ago
I think your first step is going to be work out where your money goes. Are there any things like takeaways or getting nails done that you could easily do a cheaper version of or do at home? Same as PP I bring my lunch to work and make coffee at work to save money and stock up on specials at the supermarket.
ANSWER
4 years ago
I very rarely buy coffee or my lunch etc. Buy what you need or normally use when it's on half price specials. Plan/ cook cheaper meals with the food on special/ in season. Do your own beauty treatments at home. Save on clothes buying, by window shopping only, go through your wardrobe or check out an Op Shop - they've often got new/ barely worn pieces. See if you can minimise or combine trips out with the car, carpool etc or working with other parents for kids activities.
What is it, that you find you spend money on? Can you ask yourself - is it necessary, can something you already have do the job, do you need it now or can you wait until it's on special. Even think about it like the seller wants my money, why give it to them & not keep it for my 'goal'. Give your 'goal' some urgency feeling, like I need the money for a bill or deposit on the school camp.
What is it, that you find you spend money on? Can you ask yourself - is it necessary, can something you already have do the job, do you need it now or can you wait until it's on special. Even think about it like the seller wants my money, why give it to them & not keep it for my 'goal'. Give your 'goal' some urgency feeling, like I need the money for a bill or deposit on the school camp.
ANSWER
4 years ago
Basics.
Dont use credit card debt. Give yourself an “allowance”’ for discretionary spending, and dont buy anything unless it is needed. Use a list when you do food shopping- and if it isnt on the list dont buy it. Dont go to to the shops. Definitely dont do online shopping!
Dont use credit card debt. Give yourself an “allowance”’ for discretionary spending, and dont buy anything unless it is needed. Use a list when you do food shopping- and if it isnt on the list dont buy it. Dont go to to the shops. Definitely dont do online shopping!
ANSWER
4 years ago
I'm starting to feel the same way! I'm the culprit in our house so I feel so determined to make it happen for my whole family's sake!
Good luck!! Update us please 😁
Good luck!! Update us please 😁