How To Beat The Budget
If you are struggling to know where your money is going each month and you’re always slogging along until the next pay packet, there are certain things that you need to be doing differently. Budgeting isn’t everyone’s idea of fun, but in some instances it can be quite rewarding. Getting into the habit of shopping cheaper, saving up for things and not going over a set amount may seem like a chore, but it can help massively in the long run for things cropping up in the future – especially when children are involved.
If you take your weekly shop to another place, or compare online, you may just find that you could save quite an amount on how much you’re spending each week. There are now bargain shops popping up which offer fantastic savings on food, but you may find that even your local farmer’s market can give you some great discounts – especially if you keep going back. Although it may take a time to find out where the best offers are, eventually you will find that the savings you have amassed far outweigh any time that you have spent actually looking for them.
Coupons, vouchers and money-off offers are floating around not just in magazines and leaflets nowadays, but in stores too. There are blogs and sites dedicated to them, you just need to look where to go. Check out pages like How to Save Money: Top 100+ Money Saving Tips & Ideas for more innovative ways on how to begin couponing like a pro.
Pay Cash, Not Card
It can be so easy to get carried away with just a tiny piece of plastic. Unless you’re counting it up in your head as you go along, you never really know how much you are spending on your credit or debit card until the bill rears its ugly head. It’s so easy to overindulge, but if you have the cash clearly in your hand and are able to give yourself a limit, it’s easy to keep within your limits and know how to stretch your money further.
Invest Your Money
Anything that’s left over from your budget should definitely be saved. Savings are so important when you have children, as anything can go wrong at the drop of the hat – and it’s usually money that can get you out of it again. It’s a great way to teach your children a sense of responsibility, too. Tuck it away into an account that you can’t access, or if it’s cash, give it to a trusted family member to keep a hold of.
You don’t have to live like a monk in order to save money. Have treats now and again, else you’ll grow despondent with your lifestyle. Being frugal doesn’t mean that you can’t allow yourself treats every now and again – but you’ll soon find that you’re treating yourself on the cheap once you get into the habit of it. It’s hard to break out of once you’re stuck in the budgeting way, but once you’re fully immersed you won’t know any different!