- Personal Finance
Saving Money by Cutting Shopping Costs and Curbing Spending
If we are honest, many of us love shopping. For many it could be the grocery store, it could be the clothing store, or it could even be online. Where ever it is, it often hurts our budgets and makes it easy to spend more then we have. We can increase our standard of living by curbing our spending and saving our money. This way we are careful to buy only what we really need or really want and we save tons of clutter space in out house.
Keep Your Money From Yourself
Find a way that works for you so that you don't spend too much money. This may be getting cash for the week and hiding the plastic so that you are only spending what you are allotted to spend. It could mean writing everything down so you know where you money is going and why. Either way, keep your money from yourself so that you can save it instead of spend it.
Saving Money In Day to Day Shopping
Your day to day shopping includes things like grocery shopping, personal and household shopping. These are things that are done regularly and few of us realize how much impulse shopping goes into these trips. Whether you have a bi-weekly trip, weekly trip, or even monthly trip you are probably spending a lot of money on things you don't want, don't use, or don't need.
- Make a list. It seems simple, but there are a lot of people who still skip out on this. They still think that they can remember what they need all while shopping the aisles of the store.
- Stick to the list. Well, writing it out isn't enough. Often times you will get there and you will think, "that sounds good" and before you know it you have a few things you don't need. Sure they each cost only a few dollars, but the more you throw in the cart that you don't need the more you spend. Plus if you decide you are going to get something you don't need that is a larger purchase you could quickly blow your budget.
- Set a dollar amount. If you set a dollar amount this will force you to prioritize what you are buying. You can then put stuff back that you don't really need and you will find it easier to stick to the list.
- Don't go to the store hungry. It is a death sentence to go this way. You will find yourself putting everything that looks even slightly good in your cart.
- Before you go...Before going to the store prioritize your list. Scratch out the things you don't really need or won't be using any time soon. This will help you get rid of things that are duplicate, things others have added that you don't need, or things that were just impulsively put on the list.
By cutting expenses we can put ourselves in a whole new world. We can stop living paycheck to paycheck, we can cut back our debts, and we can save money. Is it easy? No. It is hard, it takes learning new techniques. It takes dedication and hard work. However, in the long run it leads to a better life!
Saving Money On Other Types of Shopping
There are all sorts of shopping and many way to save money on it. If you are one who just loves shopping avoid going to places that you are sure to spend money. If you want to go, leave your money (and debit or credit cards) at home so that you can't spend money you shouldn't. Other then that follow a few basic rules and you are sure to find that you are saving lots of money.
- Consider large purchases for fourty eight hours. Many times we see something and want it so we buy it. If it costs more then twenty dollars then it is a good idea to consider the purchase for a couple of days. Ask yourself, will I really use this? When will I use it? How? If you find that you will use it and you know when you will use it, then buy it. Other wise, wait for another time.
- Set budgets. If you are in need of clothing, set a budget so that you can figure out how much you can spend and win.
- Carefully consider clothing purchases. How many of us have items we bought that still have the tags on them or are in the closet having been worn only once. Consider your purchases carefully. When, where, and why will you wear it? Does it fit in a way that will have you wearing it soon (don't buy things for "when it fits" or just in case you are going to go to an event that will let you wear such a piece).
Many of us have houses full of stuff that we bought and don't use. We keep these things around because we spent good money on it. However, it isn't a good thing if we are wasting out money. Make lists, double check them, and think your purchases through. Otherwise you will spend your money and never have enough of it.
It takes some discipline and some work, but you can overcome your spending. It is possible for you to control it verses it controlling you. I am one who grew up without saving a single dime. We spent everything the we got and were taught that from my mom. However, I married a saver and it can be noted that you can change your ways and become disciplined.