Still feeling stuck financially? Why not pledge to make February frugal!
Maybe you still have some credit card bills to pay off from Christmas. Or you spent some extra money in January on a resolution that didn’t stick. Lots of kids spring and summer sports and activities start registration now, so that’s an additional expense for many families. Or maybe, you keep saying to yourself that you need to watch your money or should make a budget, so why not start NOW!
Here’s how you can make February, or really any month, a little more frugal:
- Meal Plan. I plan out our dinners every week (even if they don’t get posted on the blog each week). Planning your dinners around what is on sale at your favourite grocery store can help you save even more money. Stock up on items you eat often when they are on sale. Price match when you can. Make a list and try to stick to it. And don’t go to the store hungry!
- Create a budget. This doesn’t have to be scary and stressful and cut out all your spending and fun! Often people aren’t even aware of how much money comes in and how much goes out. Take a look at a few typical months of your bank account or credit card bills. Just look and see where your money even goes. Often we think making little purchases doesn’t impact our overall money, but those little purchases add up fast! Maybe cutting back on some of the takeout or coffee shops will help. Buying less clothes, or going to the movies one less time. You’d be surprised how much you can save by cutting back just a little and actually being aware of where the money is going and how often you spend it.
- Accept your situation. If you do find that you are spending more than you are making, and going further into debt, you need to accept that you need to stop this behaviour. Sometimes we need to be mature grownups, and accept that we don’t have as much money as someone else. Maybe we can’t afford the Starbucks everyday or the fancy family vacation right now. Just because you see everyone else on social media doing these things or keep hearing about friends doing it, doesn’t mean it works for everyone. Also know, that maybe those people are going into huge debt because of their lifestyle, you don’t know their financial situation. Accept your current situation. Sometimes a little sacrifice is good for you, it doesn’t have to last forever, and you will appreciate all those extra “treats” a little more when you do get them.
What have you done lately to save some money? Every penny really does count!