Articles May 1, 2023

Budgets & Bucket Lists: Other Saving and Smart Spending Ideas

Apps & Digital Services

Instead of buying things in the moment, use the store’s app or website to allow you to think before buying.
Eliminate “Convenience Spending” by committing to not use certain services for a period of time (i.e., Door Dash, Insta Cart).
Buy One, Lose One: Sell items before buying new ones.
Involve children early in shopping and costs.
Sleep on large purchases and if married, set a $ limit not to exceed before spending.
If married, discuss and agree on values and what to spend on (i.e., hair).
Break-even mentality: Not spending all.
Use brand-affiliated credit cards (for benefits, discounts, rewards – but pay them off).

Eliminate food waste by using old veggies in soup or a stir-fry.
Have a special night to go out and go “all out”, then cook at home the rest of the week.

Start paying a “car” payment into an account and buy the car with cash saved vs. financing. The side benefit is that the account can serve as an emergency fund.
Invest $ into your retirement account, especially if your employer provides a match.
Set up a joint account for balancing frugal fatigue.
If married and you have separate bank accounts, allocate a portion to a joint savings account on a regular basis.