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Practical personal ways to spend less money

Here are some Practical Personal Ways to help you spend less Money.

41. Stop smoking

Image of many cigarette butts
You know you should stop smoking, but have you?

It’s obvious, and you already know it, but we’re going to say it again.

If you do smoke, then give up. It might not be as simple as just quitting, but there are various ways, groups and products to help you.

What could your $10 a day be better spent on?

If you can’t think of anything immediately, why not save it and see how much you have by the end of the month?

42. Organize your spending in advance

An iPad showing the 2017 calendar next to a Macbook
Get organized for the week or month ahead and you could save money

If during the working week you only need the money for a bus ticket and lunch, then just carry the cash you need.

Don’t take your cards if you know you won’t need them. You won’t be tempted or distracted and so will spend less money.

If something does catch your eye, you’ll have plenty of time to see whether you it is something you actually need, or just something you want.

43. Only carry cash

several dollars laid out in a pile
Carrying cash can save you money

Only carry cash.

Especially if you know you’re easily tempted or distracted at lunchtime, or work near a shopping mall; that way you can’t spend what you haven’t got with you, which means in the long run, you’ll spend less money.

Whilst it might be strange at first, you’ll soon get used to it, and you probably won’t have an emergency that demands you use your credit card.

44. Manually enter card details

credit card on the keyboard of an open laptop
By having to enter your card details manually you’ll be forced t o think twice about online purchases

Don’t automatically store your credit card details on ecommerce sites or apps.

If you have to physically get your card to enter your details, it will make you think twice before making that late night or impulsive purchase.

Remember to log out each time you use other payment systems such as PayPal too.

45. Keep a record of your spending

a laptop with several $20 bills and an iphone displaying the calculator
Do you keep a record of your spending?

Do you know roughly or exactly, what’s in your bank account, and what’s going out?

You can keep a written record, use a spreadsheet, or an app on your cellphone to help you. You’ll benefit from knowing how much you’re spending, what bills are due out, and how much money you have left.

This will enable you to see whether you do actually have money to spend or whether you have a bill coming up in the next few days. Knowing this will help you to reduce impulse purchases and so you’ll spend less money.

46. Keep $10 or $20 with you for emergencies

Emergency sign over the entrance of a hospital
Have you got some cash in case of an emergency?

Having a few emergency dollars will mean you won’t panic if something unexpected does happen.

If:

  • The trains aren’t running and you need to get a cab home
  • You need a new shirt or tie as you spilled your lunch before an important meeting
  • You need to pick up some unexpected groceries on the way home

Then you can do.

This works well when combined with only carrying cash.

The chances are you won’t need to buy a TV, some new clothes, or the latest electronic gadget without giving it plenty of thought first, so you can decide whether buying now is the best use of your money.

47. Know what you’ve got

Several shirts hanging up in a closet
Check to see what you’ve got before you by things impulsively

Before you buy anything new, see what you’ve got first.

This might be a great idea and encourage you to clear out your closet.

Got a closet full of:

  • Shoes?
  • Sneakers?
  • Sunglasses?
  • Ski wear?
  • Hoodies
  • Hats?

Do you really need a new one then?

Do you have a tendency to buy something new because:

  • You can’t be bothered looking for / cleaning / fixing your existing one?
  • There’s a newer version available?
  • This one’s slightly better?
  • This one’s got a feature that you definitely need?
  • This one is much more suitable and appropriate?

By looking and thinking hard, the chances are that you’ve already got what you need or what you’re looking for. This means you won’t buy things you don’t need and so will spend less money.

If not, you’ll know exactly what you need and why, and so can justify it.

Remember, this can be applied to other rooms in your home such as your garage and kitchen too!

48. Buy things you need and will use

a cordless electric drill
will you really use what you’re about to buy?

Try to only buy things you need and will use.

That tempting half price little black dress, that’s just different enough from the other 3 you’ve already got, might only be worn twice a year.

That new power tool might be an absolute steal, but not if it sits in the garage with the others, and never gets used.

Do you really need the same handbag in three different colors?

Do you really need a new camera just because it has a slighter better resolution or a better lens? Will that really make a huge difference if you only use it occasionally.

By buying things you need and actually will use means that you can spend less money on the things you don’t need and won’t use.

49. Could you save money by going somewhere else?

Hairdresser cutting a woman's hair
Could changing your hair salon save you money?

Perhaps you’re paying more than you need to for your haircut because they give you a cup of coffee and you enjoy the conversation.

Would a cheaper salon with fewer ‘extras’ still give you the haircut you want?

Could you even cut your hair yourself?

Depending on your hairstyle, a set of hair clippers could pay for themselves in just a few weeks, saving you both time and money.

What about your:

  • Mechanic?
  • Supermarket?
  • Tradespeople?

Do you have other similar expenses that could be cheaper?

Could you learn to fix things yourself instead of taking it to a professional every time?

Do you put things off until something not working on your car or in your home gets very expensive?

Obviously there are things that you shouldn’t try and fix yourself, but with a bit of online research, you might be able to sort out that rattling noise on the car, or put up a shelf yourself.

You might find that you spend less money on mundane items, and so have money to spend on more exciting things for yourself or the children.

50. Could you save money on your razor blades?

a safety razor lying down
Could you save money by changing how you shave?

Could switching to a traditional double-edge razor instead of a modern cartridge save you a lot of money?

If you’re about to replace your electric shaver, or wondering if there’s an alternative to spending over $4 for each cartridge, then why not consider a double-edge razor?

A quick look online shows that there 50 double-edge razorblades cost from around $6.50, whilst another brand is offering 100 double-edge razor blades for less than $12. (prices correct as of February 2017)

People often find that double edge blades cost less, last longer and give a better shave too.

Printers are often expensive to run too – cheap printers often need expensive ink cartridges. Spending more on your printer can save you a lot in the long run. If you don’t really use a printer that often why not see if you could print elsewhere?

There has been lots of speculation and opinion written as to whether printer ink costs more than gold, or vintage champagne, so if you would rather have the gold or champagne, then think carefully about your printer!

What other similar things could you change to save money?

Conclusion

Thinking differently about spending, and only buying what you need rather than what you want, can mean that you save money.

We’ll be posting our next 10 money saving tips next month.

Still struggling financially? Why not learn more about Chapter 7 Bankruptcy and Chapter 13 Bankruptcy in Minnesota, see whether bankruptcy is right for you with our Free Consultation?

Contact us at 612.979.1492 now, and tell us how our Minnesota Bankruptcy Attorneys can help you today.

The post Practical personal ways to spend less money appeared first on Bankruptcy Attorney Minneapolis | Chapter 7 and Chapter 13 Bankruptcies | Law Office of Curtis Walker.



This post first appeared on Bankruptcy Truth, please read the originial post: here

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