Lately, I've been spending quite a lot on eating out and shopping trips to the mall. I used to be pretty good at saving my cash however for some reason, this hasn't been the case as of recently. I thought this post would not only help others but myself also. I need to establish some ground rules for keeping my spending habits under control. Let me know if you found this post useful in the comment section below!
Have an Ultimate Goal
Having a goal or something to work towards can be a great incentive towards saving. Your goal could be an experience like a holiday overseas or a physical thing like a new phone or laptop. The bigger the goal, the more satisfying it'll be when you do end up saving that amount. It's okay if during this process you feel like you're goal is still so far out of reach. It can take a little bit of time to build up that momentum but if you stick with it, you'll get the results you want in no time.
Limit Yourself to a Certain Amount a Week
A great way to limit your buying is to set yourself a maximum amount each week. Once you've decided on a reasonable spending amount, keep it at the back of your mind wherever you go. Be strict with yourself because the more lenient you are, the more likely this won't have an effect. This method will help you make more responsible purchases and ensure you're not splurging unnecessarily.
Make the Most of Sales/Discounts
Sometimes all it takes is a bit of patience to save you some dollars. If you see something in a store and you're really tempted to buy it, give yourself at least a week to deliberate. If you're really lucky, during that wait a sale may pop up and you'll be getting the thing you wanted for nearly half it's original price. Look out for when your favourite stores or restaurants are having any special deals/discounts. Even the smallest percentage off makes a difference.
Thanks for reading! Do you know any other money saving tips?
My tip is: everyday save a certain amount of money (keep it in a bag, away from your sight) keep doing it for a month.. You'd save a good amount of money. Have a lovely day! <3
ReplyDeletehttps://octoberslallu.blogspot.com/
I can totally relate to you about spending! We don't exactly see the total when we swipe or pay with cash - but when we look at our records, things add up REALLY QUICK. It's important to have an ultimate goal. I am here wanting a 700k house but need to save up 140k @__@. It's harder than it seems, especially if I want a social life. SALES make a big difference!!!!
ReplyDeleteNancy ♥ exquisitely.me
These are great tips! During University I'm so strict on seperating my money into different weekly amounts, however during the summer I definitely have a lapse. I also find that it's way easier to save when I have a goal as well!
ReplyDeleteJas xx | https://thoughtsfromjasmine.co.uk
I love these tips! I wrote a similar post a while ago that might be helpful - https://jeminamarina.co.uk/2018/06/24/money/ ❤️
ReplyDeleteThese are some good tips! I might have to use the 'limit yourself each week' one haha, great post :)
ReplyDeleteI am trying to spend as little as possible in September so I have set myself an amount... and then I remember I've got flights and train tickets to book! I'll look for discounts everywhere from now on!
ReplyDeleteThese are such good tips! I'm definitely going to use them!
ReplyDeleteLove, Amie ❤
The Curvaceous Vegan
This is such a useful post! I'm at uni atm and I'm trying to save every penny I can get haha. Budgeting is definitely a must! Working out how much I have to spend on food, clothes, socialising etc. each week is so important! I'm also hoping to save up some money to go travelling after uni too! Great post ✨
ReplyDeleteEvie x | https://eviejayne.co.uk
These are such helpful tips! Me and my partner are saving for a house and it does definitely help having a specific amount in mind!
ReplyDeleteSoph - https://sophhearts.com x
I have to budget very differently now that I have young kids, most of the time the money I do have goes on them and food haha! Great tips! xo
ReplyDeletePinar | www.beautybakingbella.com
Very helpful tips, I always try to only spend money a couple of times a week, and that is normally just in regard to buying lunch or buying bits from Boots. I think these are great tips that I would use now and especially when I was at uni!
ReplyDeleteEllyn xx | Life Of A Beauty Nerd
My best money saving tip is centered around debt payoff for my student loans. I looked up how much money I owed in loans and broke it down into $100 increments. Then I posted it on my refrigerator and cross off every $100 I pay. Seeing the amounts get crossed off satisfies that part of my brain that loves accomplishing goals, I always know how much money I have remaining to pay, and I'm less likely to spend on frivolous things.
ReplyDeleteThese are great tips! I find that having a budget of slightly less than you have available to spend really helps. If you can stick to it, great. But then you also don't feel bad for spending more if something comes up or that perfect dress happens to go on sale x
ReplyDeleteSophie
www.glowsteady.co.uk
I love the idea of Limiting Yourself A Certain Amount Per Week. This helps you decide what is the most important to you and what you don't really need or want.
ReplyDeleteGreat tips! I'm fairly good with money but I'd also call myself a bit of a minimalist - I hate "stuff" so I never really buy myself anything, which is helpful when it comes to saving money!
ReplyDeleteJenny
http://www.jennyinneverland.com
Saving for me is made so much easier with a spreadsheet detailing all my outgoings in a month. My biggest splurge always seems to be takeaways! Thanks for sharing x
ReplyDeleteabbiejadewanders.co.uk
It's always so hard for myself to save money, because I love spending it and I do a lot of impulse purchases. Thank you for these awesome tips!
ReplyDeleteBrandy - Bran.nu