Let’s face it, it’s one thing to create a budget, but sticking to it is tough. Sometimes, you may find that your money seems to slip away without you even noticing. Here are a few tips to keep in mind when trying to stick to your budget.
First, pay all of your bills at once. This will help with the issue of accidently tricking yourself into thinking you have more money to spend than you actually do, since a lot of your money will be earmarked for bills due.
Next, designate a day each month where you don’t make non-essential purchases like magazines, movies, etc. This is a better alternative to ceasing to spend money cold turkey. As you become successful with not spending money for one day, gradually add additional days where you don’t make discretionary purchases.
Finally, before you make a non-essential purchase, wait a day and then reconsider the purchase. This will reduce your chances of making impulse purchases, which will work wonders for your budget.
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