As far back as I can remember, I’ve been a spender. Just ask my husband (insert eyeroll). Earlier this year, I worked on a vision board (read about that here) and one of my goals was to manage my money better. After some number crunching and soul searching, I realized that I was actually going to have to cut back on my spending. Say what? For many, this is simple advice. I tried to dig deep and figure out where I was spending more than I should have been. Here are some of my favorite ways to stop spending and start saving!
Get Rid of Discount Apps (and their notifications)
I was signed up for EVERYTHING when it came to the shopping department. If there was an app, you can bet that it was installed on my phone. Of course, my argument for the shopping apps was that I would use said apps for saving money. While that was true, I found that they actually prompted me to spend money that I wasn’t planning to spend. Sure, I got 20% off my most recent purchase on Groupon. However, if I hadn’t gotten the notification, I would have saved 100% of that money. You see where I am going with this? Get rid of your apps! When you’re ready for 30% off that spa treatment, you can reinstall the app and get it then. Trust me.
Break up With Target (No, not forever)
Yes, I’m serious. I’m sure you have seen a million of those memes that poke fun at the fact that shoppers go in for one thing and come out $100 lighter. Yes, really hilarious until you look at your yearly Target spending. If you really want to know why you’re living paycheck to paycheck, check out your Target spending for the past three months. Does the thought of that scare you? It should. I could have bought a car for the amount of money I spent there last year. Since I KNOW I will get sucked in by the dollar bin (aka the everythingisreallyfivedollarsbin) I simply don’t go. Truth be told, the items I buy at the local drug store may cost a bit more. However, I won’t be walking out with $100 worth of stuff I don’t actually need. (Sorry, Target)
Get Groceries Delivered
I know this is going to sound crazy, but get your groceries delivered. You might be asking yourself how adding a $6 delivery charge on your grocery bill will help you with your saving. I have an answer. I don’t know about you, but I always seem to get sucked into buying new and exciting things at the grocery store. Is that gluten free? Oh I didn’t know they had this flavor. Wait, those are on sale? Yes, that’s me, even when I walk in with a list. However, when I am shopping online, I can see how quickly my little “extras” add up. It’s so much easier to watch that total and stay within your budget while you are at your home computer rather than when you are at the the checkout line with your (insert number of kids) kids.
Review Recurring Charges
Remember that stupid service you forgot to cancel? Or that gym membership you know you won’t use? Some of these recurring charges just keep right on charging FOREVER. They may be tiny amounts but they can add up quickly. Take a few moments to review your bank statements and I bet you would be surprised to find that you are paying for a whole bunch of things you don’t need. While some are easier to cancel than others, there is no reason to be paying indefinitely on a service you might never use again. Just $10 per month in charges puts you at $120 for the year! That sounds like a massage to me!