Invest in your future, you will survive today!

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Today, take time to think about what you are spending money on. Do you buy things outside of  paying your bills? You may be surprised to find out  how much extra money you actually have.

When you are struggling to make ends meet, buying a $5 dollar Starbucks, a pack of cigarettes, or a bottle of wine can possibly add up to hundreds or even thousands of dollars per year and quite possibly be the reason why you are struggling to begin with, think about it.🤔

Make a short-term goal to eliminate this thing or activity that is costing you the little bit of extra money you may have. If you get your nails done once every two weeks, try for one month to save that money and put it away. In only a short time, you’ll realize that you actually have extra money that you can save, it’s a matter of, if you really want to.

Go on a money diet. Make a goal of a few weeks or a month. Eliminate everything extra that you spend money on that is not a necessity. This is a great challenge, even for myself, but doing this on the regular basis will help you build up to saving for a larger financial goal.

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Track your money,  become aware of what you actually to spend. You can do this! It just takes a little bit of time and discipline.

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Emotional Stress & Spending Habits🤑😫

Emotional stress can negatively contribute to the way you spend and budget money. When I am stressed, I tend to buy fast food everyday. This is definitely not a good financial habit. Is there anything you impulsively spend money on when you’re stressed?

Below is a link with a few tips on how to reduce stress.

http://www.webmd.com/balance/guide/blissing-out-10-relaxation-techniques-reduce-stress-spot

A few things you can do when you’re stressing to avoid impulsively spending money, take the money that you want to spend and put it into a savings or a money bucket. You can also go to the grocery store and purchase staple items for your home that you will eventually need. I do this sometime when I really just want to spend some money and you always need groceries right? At least that’s my way of justifying it. LOL😉

The biggest advice I can give about impulsively spending when you’re stressed is to get to the root of the problem. Find out why you are stressing and why that stress makes you want to spend money.  There are many reasons that people stress; family problems, physical health issues, mental health issues, boredom, etc.

Take time to get to know yourself. Know what you like, what you don’t like, and what you are or aren’t willing to accept in your life. Doing this what help you recognize the issue and find a solution to your stress.

Rest easy,  trouble don’t last always📿

Saving up & Eating out

Eating out is my biggest weakness when it comes to saving money.   I eat out a few times a week.  Do you eat out? If so, how often?  Eating out is considered impulse spending when it is not planned. It may also put a damper on your savings. In this article, I will let you in on some of my money-saving secrets while eating out.

Reward cards are the best thing since the invention of Caller ID, lol.  I have a reward card to almost every fast food chain, grocery store, and coffee shop there is. These cards are normally free. Some offer exceptional deals on their products. Many reward programs also offer free items for a certain amount of items purchased.

Dine in restaurants and fast food restaurants also offer coupons. You can find the coupons online, on the company’s app, and in the restaurant. Sometimes the coupons are free, but places like McDonald’s and KFC offer coupon books starting at $1. These books are totally worth it! They contain high value coupons and coupons for free items as well.

When my family eats fast food, I try my best to keep the total around $20, but this can be hard with a family of five. Here are a few things I do to achieve my budget goals; I do not order combo meals. Often buying a combo meal is more costly than buying the items separately. I will order sandwiches, chicken nuggets, and fries from the value menu and one cup of water for each person, if we are traveling.  If are going home, we do not need any drinks with our meal.

There is nothing wrong with indulging every now and then. Setting limits and planning are best when deciding where, how often, and how much to spend when you eat out!