How To A Stop Unnecessary Spending.

In this day and age, how we’re able to pay for items is getting pretty crazy, don’t you think? From being able to tap your card, smartphone, your Apple Watch or now even your Fitbit!? Honestly, I don’t think it will be long until you can get a chip inserted into your arm to do it for you! How many times have you been caught out just tapping that card for whatever you want and thinking ‘heck I hope I have enough in my account!’ or having to check your bank on your phone before you throw your plastic at the eftpos machine?

The first way to cut your unnecessary spending is to get back into the ‘stone age’ as we could probably call it nowadays – carrying cash.
Not only will this show you the value that your money has again, it should increase your willingness not to spend it… because let’s face it, it’s hard to part with that $50 note!
From here, there are a multiple other things that you can do to prevent yourself from buying the extra (un)necessities, here are just a few:
Chew gum – this can be done as a ploy to tell your body that you’re not hungry, so you won’t need to stopping in the confectionary or other snack aisles
Listen to your own music – studies have shown that the music that the shopping centres play is a theory they use to encourage you to stay longer, because the tunes are so good.
Know what you own: Before you go out to shop, go through what you already have so that you know exactly what you need – for example, if you think you’re needing some new activewear, go through your drawers and be brutally honest with yourself – do you need more, or are you just bored with that you have. Food is the same, when you’re going grocery shopping, go through your pantry and fridge, determine what you already have, so that you’re not doubling up on things that you don’t need.
Bring a list: Carrying on from the previous point, write a list. Once you’ve been through your drawers, the pantry or fridge, write a list of what you need and stick to that list. If you have a list, you’re more likely to get in and get out with what you need faster and spending less money.

Cost VS Time:  This is going to be a huge factor of your money saving. It’s vital that you weigh up how long you will have to work to pay for what you’re buying. Consider the following: You see a perfect navy blue suit that you think will look absolutely bomb on you, and it cost $550. I want you to consider how long it will take you to earn that money whilst working…
Say you get $26.50 per hour (lucky you!):
$26.50 x 21 = $556.50
It will take you approximately 21 hours to work for that suit, and that’s the wage projected… meanwhile that’s at least 6 weeks of food to put on the table (if you’re supplying for two, it might be more like 10 weeks for a single!)

It’s time to check out your habits, and really work towards increasing your awareness of what you already have, being conscious of your spending, and striving towards challenging yourself to change your ways to become a better spender.

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