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RE: Where Did All My Money Go? The Truth Behind Income and Expenses
It's good to know the expenses, but I've never done it as precisely as you describe. I just have a simple spreadsheet in which all fixed costs are recorded for the whole year. That way, there's no risk of spending more in one month than is available.
I'm generally very picky when it comes to spending, sometimes I'm surprised at the rubbish people buy :-)
A good strategy if you want something is not to buy it immediately but to put it on a list. Only buy it if you still think it's a useful purchase after 4 weeks. This method has already saved me a lot of money.
This is another lovely idea especially when it comes to impulse buying. For me, were I fall mostly to financial recklessness is when I see something that I’ve always wanted to buy doing a clearance sales by selling a little bit cheaper.. that period, I don’t usually care about my budget, i just jump to the offer and grab it… then cry later!! 😊😊