Change Your Spending Habits Today and Keep More Money in Your Pocket

Discoverybaby By Discoverybaby, 26th Aug 2011 | Follow this author | RSS Feed | Short URL
Posted in Wikinut>Money>Money Saving Tips

You may always know that saving money can be a beneficial habit for the future of you and your family. However, you may not know how to develop this good habit and let it make some changes to your life. Well, you may read this article and get your answers:

Change Your Spending Habits Today and Keep More Money in Your Pocket

Firstly, take some time to collect your spending information.

Normally, you should take one or two month(s) to collect the bills paid by your credit card or debit card and figure out how you have spent these money. After collecting all the necessary information, you should take time to analyze these data and you may figure out some unnecessary payment among these bills.

You should not miss any small bill, even the tips paid to the waitress in the restaurant or the coins used to buy drinks from the auto-vending machines.

Secondly, review all the bills and cut the unnecessary spending.

After you know how much you’ve used for paying the tips in the restaurants or buying the clothes you won’t wear more than once, you may understand that you should reduce your frequency of visiting restaurants or reduce your monthly garment budget. In the same way, you may also figure out other unnecessary spending and find alternative ways to avoid those expenses.

Thirdly, Stay away from your over-spending friends.

Sometimes, you develop an over-spending habit because the friends around you push you to visit some expensive restaurants or luxury shops too often. If you make up your mind to develop a good spending habit from today, you should stay away from these friends. Instead, you should spend more time with your well-budget friends and learn from them how to save money happily.

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author avatar Denise O
26th Aug 2011 (#)

The best thing we did was, throw those credit cards away. We have one for emergency and it better be a darn good one before we use it. Thank you for sharing.:)

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author avatar Austee
23rd Mar 2013 (#)

Great advice!

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