How to Make Budgeting a Breeze

Budgeting can seem like hard work. Having to keep track of what we are spending and making sure that we are not spending too much and leaving enough money for what we need can feel like a real drag. However, there are things that you can do to make it a lot easier.

Remind Yourself Why You are Doing it

It can be a really good idea to keep reminding yourself of why you are budgeting. It is likely that you have a real purpose and it might be that you are saving or something, trying to repay a loan or just ensuring that you make ends meet. It is wise to write this goal down and then stick it somewhere prominent, such as on a mirror that you look in regularly. Then you will have a constant reminder of why you are being so careful with your spending and it will feel much more worthwhile. It can be good to also think about how good it will be to achieve this goal so it makes it even more motivating.

Get into Good Habits

As you get into good spending habits then it will become much easier. Doing things like comparing prices or asking yourself if you really need things are really good habits to get into as they will ensure you do not overspend without realising it. The more you do this, the easier it will be and you will therefore find that eventually you will do it without even thinking about it. Remembering that this is a positive thing and that it will benefit you will help as well.

Make it Fun

There are different ways that you can make it fun depending on what you like. It can be fun to keep a note of how much money you are saving and try to spend less and less each day, week or month to have a competition with yourself. It can be rewarding to set a target and see if you can meet it as well. You could also compete with other family members to see who can reduce what they spend the most. You could look for deals on insurance, utilities etc and see who can find the best as well.

Carry Figures with you

It can be easier to keep track of everything if you carry the figures with you. Having a drawn-up table or a spreadsheet can really help which you could either have on your phone or in a notebook. Writing down each purchase you make or how much each shopping trip costs will really help. Not only will you notice what you are spending more and the prices of things, if you have to write them down, you will also be more aware of them and this will help you to think about whether you think that they are value for money.

Avoid Temptation

Once you have calculated how much you are going to try to spend and ways that you can cut down it can get much easier. One of the hardest things might be to resist temptation though. Often, we like to treat ourselves to a few things and this means that we can have a tendency to overspend. It is worth identifying where we are when we do this. It could be that if we going out into town then we just end up buying things and so by avoiding going there then we can stop that. It might be that we get tempted by things by the tills when queuing and if this is the case find something else to do, such as noting down the details of the items you are about to buy and then you will hopefully not notice them. Also try to shop with a lost and stick to it so that you do not spend too much that way.

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