Answered 12 months 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
Have an answer?
I don't have credit card debt before anyone says I'm living off credit... Well that seems depressing 😂
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.
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!
Good luck!! Update us please 😁