It is really hard to not spend money, especially when we are constantly tempted by pretty much everything the second we step outside the comfort of our own home. Then again, even in our homes, the temptations of buying things on the internet lurk every time we sit down at our computers. Living in a consumerist society is tough when you’re trying to save your money, but there are some ways you can lessen the amount you spend.
The easiest way to not spend money is to not have it available to you. But when you do buy things, try to only pay in cash. This makes you much more aware of how much money you are spending because you can physically see it leaving your hands. When you have spent your limit, you are done buying things because there will be no cash left in your wallet. Not only that, but having a card is convenience, and convenience is what has gotten us into this economic crises.
If you are still too tempted and end up swiping your credit card for purchases once your cash is gone, get rid of your credit cards and only keep one debit card. You can’t use it unless the place you are buying things from has a debit card pad that lets you put in your pin, so where you can spend money is limited. This will also withdraw directly from your account, meaning there is no way to overspend and fall into debt because your card will be denied if there is not enough money in your bank account. But let’s not let it get there.
Eliminating credit cards and debit cards from your life will also help you if you have trouble with Internet spending. If you do not have a card, there is arguably no way for you to purchase things online. You will be forced to go out to shop, which is helpful because when shopping is a chore it is much easier to save your money on things you don’t really need. For example, there is no way you are going to go to a mall and buy a huge amount of clothing that you can’t carry back to your car. When you have to physically go and do things as opposed to relying on the internet, the logistics of life are often enough to keep you practical. Another great thing about not having a credit card is that it eliminates the possibility of credit card debt, which is a black hole of despair to be avoided at all costs.
Lastly, only buy things that you actually need. While this may seem like a no brainer, people buy tons of items that they could do without on a daily basis, literally throwing away their money for cheap thrills. Before you purchase any item, take a second to stop and think. Hold that item in front of you, examine it, and seriously ask yourself, “Do I NEED this?” You can even go as far as imagining your life with and without that item. If your life would not be significantly different or disadvantaged or even over without the item, don’t buy it.
These are just a handful of ways to prevent you from spending money. Do you have any other ways you stop yourself from spending?