Tip #7 – Create a “No Spending” day once a week

Set aside at least one day per week that you don’t spend one dollar. Technically, even if you don’t open your wallet, you’re still spending money on things like rent/mortgage, car insurance, subscriptions, and Christmas gifts — you just didn’t count them. But that’s even more of a reason to create a “No spending” day on the money in your wallet: because you can actively control it. If you force yourself to do this only one day per week, you’ll look back the next week and realize it wasn’t so bad and you might be pleasantly surprised to find that extra $10 in your wallet at the end of the week. The key is to adding it to your calendar so you make it a consistent part of saving.

Advertisements

Tags:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s