Another great saving tip that can save you a lot of dollars every year…is to start slowly saving with the 30-day rule. Finding little ways to save here and there, saving small amounts of money is great, and if you focus, can lead to big amounts of savings before you know it.

Tip 6 of 7 – Introduce a 30-day rule

If you feel like treating yourself to an unnecessary purchase, write the item down and wait 30 days. If at the end of that time you decide you still want it, then go for it. Even better, use that 30-day timeframe to save the money to make the purchase rather than charge it to your credit card.

Record each of the impulses to make an unnecessary purchase, to see if there is a trend or theme to these needs and desires.

The Bottom Line 

Saving money is not only about creative cost cutting, but also about making smart spending decisions. It is never too late to take a look at your finances and start trimming away any excessive spending. You’d be surprised at the big differences small changes will make on your savings.

Cutting costs isn’t about depriving yourself. It’s about making sure your spending aligns with your values. Let us help you with your saving plans and contact us at 250-860-3303.

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