Okay, I admit it. I suck at saving money. I don’t know why, but with never ending expenses, like grocery shopping, mortgages, insurance, housing and car loans and of course some entertainment factored in, I really find it difficult to put aside some moolah for a rainy day. I know I ought to start somewhere and while reading this month’s Mother & Baby magazine, I’m determined to make that change.
One of the best ways to save is to first know where the money is going. I used to keep a record of my monthly expenditure so that I could look back and see where all my hard earned cash was used. I had an estimated expenditure column and an actual expenditure column too. In a way, it helped me keep abreast of how I spent my money and deterred me from overspending. Perhaps I should revisit this idea again.
I also find that making a list while shopping helps to prevent over-shopping. It really does wonders, especially for shopaholics like me 🙂 Also, when I shop with my hubby in tow, he would remind me not to buy stuff I don’t need, especially impulse buys, which I am very fond of. And trust me, it is easy to fall prey when I shop alone.
However, the main drive to saving money is the motivation to do it. And I hope I am motivated enough to carry it through 🙂
Tell me about it! I suck at saving too… I try, but in the end… the sales call to me more! *grin*
The Giddy Tiger says: Me too!