Everyone wants to save money. There’s always something exciting that you’d like to add to your house, a sweet gadget to buy, or an awesome get-away vacation you’d love to go on. Saving money can set you free, but it can also pose a challenge and shackle you down for quite some time.
As enjoyable as it can be to spend your hard-earned money on the things you love, life can find ways of costing you more money than you expect. Some things you just can’t see coming. Maybe you were close to your savings goal one time and then your car broke down and your washer needed replaced in the same month. There goes your savings and your dreams of that elaborate vacation.
Are you one of the countless individuals who needs a new way of looking at budgeting? Don’t worry I got your back! There are many tips to motivate yourself to save money. The trick is to think outside of how you’d normally approach saving money. Continue reading for my Top Budget Tip.
Top Budget Tip
My very top budgeting tip is to PAY YOURSELF!!
Set a Weekly or Daily Amount and Pay Yourself.
Every day I go to work and I get paid X amount of money per hour and it all gets budgeted out into all the different categories and by the end of the 2 weeks it’s just GONE! Choose one thing you do daily or even weekly and pay yourself just like you would for your job. I pay myself one hour of my full-time jobs pay every Sunday when I budget for the next week.
The best part of this tip is that you can make it as simple or complex as you would like. You can pay yourself $.25 every time you wash a spoon, or you can even pay yourself for a weekly amount for cleaning a specific room in the house. The trick is to make it something you do often, but not so often that you won’t be able to stick to your budget.
I have calculated paying myself into my budget along with the other many categories. If you are new to budgeting check out everything I include in my budget HERE.
When shopping for a splurge item or something fun, I always ask myself these two questions, “Is this worth X amount of my pay?”, and “Am I willing to work X many hours to buy this item”? By asking these questions I usually eliminate the want/need debate.I also NEVER buy an item that is not discounted. I try to stick with the Clarence sections but occasionally I’ll find something that’s on sale in which I determine is a need and not a want.