Useful Tips

Tip 1: How to Stop Spending


Shopping is the best female remedy for depression, and men who criticize the ladies for this habit often throw large sums of money on accessories for cars or fishing. Of course, the money was created to spend it, but it never hurts to soberly assess the appropriateness of their daily expenses.

Portrait of a typical spender

There are many spenders both among women and among men. Women usually empty shops with cosmetics, clothes and shoes, especially if there are discounts there, and they also like to sit with friends in a cafe. Male spenders are willing to spend a lot to splurge. Friends adore them, because they often fully pay for friendly gatherings, they can always borrow any amount and not give money for years (or not at all, anyway, a spender does not remember such trifles). Women are also delighted with beautiful courtship spender. At least until they begin to live with them. The wife of an overly generous man is unlikely to be pleased with another bouquet of 101 roses, if she knows for sure that there is nothing to pay for the apartment.

Three types of people usually become spenders:

• Children from poor families. All their lives they dreamed of a “beautiful life”, useful acquaintances, expensive cars and designer clothes. When they start earning money on their own, buying status items can become a real addiction for them.
• Children from wealthy families. Since childhood, they did not know the value of money and are not going to recognize it in adulthood.
• People who have recently lost a large amount of money (bad financial investment, major theft, etc.) They prefer to spend money on things that can then be sold. For example, they are fond of expensive collecting, although it is high time for them to change their wardrobe.

When is the time to stop?

• A week before your salary, you stably have no money. No matter how much you get.
• You constantly borrow money, and then you can’t remember what you spent it on.
• Going to the store for bread, you will definitely bring a full package of products, and tomorrow you will have an empty refrigerator, because you bought a lot of expensive nonsense.
• You can buy something just because you still have money in your wallet.
• You can buy a completely unnecessary item if it was sold at a good discount.
• You always have nothing to wear, although the cabinets are full of things. You just don’t like them or do not fit in size.
• You are always ready to take another loan for a major purchase, although you have not yet paid for the past.
• You have no savings at all. Sometimes you honestly try to make nest egg, but spend it after a couple of weeks.

How to stop making spontaneous purchases?

Your spouse may be better able to manage the joint money, but if squandering is your general diagnosis, you will have to pull yourself together. But remember that stinginess is no better than motivation, so you need to strive for some kind of intermediate state. Having paid all the bills, you can well pamper yourself with a pleasant purchase or going to a restaurant.

• Keep receipts. So you can understand what all your money is spent on.
• Keep track of costs. Install the special application on your phone or make a table where the days of the month are shown in the rows and the types of expenses (food, clothes, communications, etc.) in the columns. Record the daily amounts spent in the appropriate boxes. So it will be easier to understand which purchases most often make a hole in your budget. It may be enough to avoid some stores to save huge amounts.
• After receiving your salary, immediately save the necessary amount for paying utility bills, communication services and travel. These expenses will not go anywhere.
• Keep the stash where it is more difficult for you to gut it. For example, at parents or in a bank.
• Less often visit catering establishments. Try to figure out how much those restaurant dishes that you ordered the last time would cost if you cooked them yourself. Perhaps the desire to overpay several times for a salad that you did not even like will disappear.
• Review your recent purchases. If after acquiring you did not touch them, draw the correct conclusions.
• Control your momentary desires. If you want to buy something, do not reach right behind your wallet, but take a walk somewhere for an hour. Surely you recall the "necessary" purchase only at home.
• Try to find less costly ways to relieve nervous tension than uncontrolled shopping.