You know you have to break your bad spending habits because it is already ruining your life. You have everything that you want; you are living a life of comfort – but you are, in truth, scared because you are not able to save anything for your future. It’s time to fix that. Here are a few simple tips:
Don’t easily get excited with sales deals.
That red bag you’ve been checking in is now on 50% discount and you’re thinking of running now to grab it. Stop; time to pause and think. Do you have enough cash for it? When you say “enough”, it should also mean “extra”; meaning, the funds you have on your pocket and on your bank are already allocated for your (or your family’s) basic needs. Do you have spare cash to buy it? If none, then forget about the sales deals… run away from it.
‘Punish’ yourself each time you indulge on something to make you feel good.
It’s your habit to indulge on snack or dessert each time you feel down or bored. When depression strikes, you spend more: you shop for clothes, shoes or bags. Your shopping activities at these times are not really necessary – you only want to make yourself feel good. You want to relax and be happy. But are you always successful? Sometimes; but most of the time, you feel guilty because you know you’ve spent gratuitously.
Here’s what you do: Set a rule for yourself. Each time you buy something to make you feel better you must set a penalty for it: you should match the price tag and save the same amount to your bank account. In that way, you will not feel guilty because you know you’ve made savings at the same time. If in case you are aware that you can’t match the price of the clothes you are thinking of buying, you know you have to let go. Go back home and watch TV or play video games instead. You will be impressed once you discover how do tv beds work.
Keep an eye on your goal.
It’s your dream to buy or renovate your home, but you are nowhere near accomplishing it because of your bad spending habit. How about focusing on your goal instead of keeping a watchful eye on holiday sales? To do this, search for images of your dream home: from the exterior to the interior designs you have in mind. Print and post them on your bedroom walls. Draw inspiration from these pictures every day; open a bank account intended for your dream house.
If your poor shopping habits led you to drown in debts, think about debt consolidation so you can focus on one monthly obligation. Look for loan companies that can help you in this. You can consider applying for car title loans Pittsburg CA to get you out of trouble.
