Ballin’ On a Budget!

shopping-photography-tumblr-with-its-not-you-its-the-clothes-cub-magazine

Time is flying guys and it’s already March! I know when the new year came ringing in a lot of us vowed to do better with saving and watching our spending habits, but how many of us have actually been doing so?

Truth be told I’ve been doing pretty horrible and while there’s still time to take control over my finances I’ve been looking up some fun and creative ways to save money while spicing things up a bit.

  1. $5 savings plan – Save every $5 bill you come across! Put it to the side in an envelope, jar, or wherever you think you’ll have a lesser chance of spending it. You’ll be surprised how many you can save in a year or even a month. It’s random and less pressure like the weekly challenges.
  2. $1 savings plan – Like the $5 plan you do the same, every time you come across a $1 tuck it away. You’re more likely to come across a $1 before $5. If you want to get creative you can change the bill amount and save whatever bill you want.
  3. 52 week challenge – You can find this challenge anywhere online and it varies, the deposits are pretty simple for most and don’t require too much of your money and by the end of the year you’ll have around $1,000 – $1,300 saved! Here’s an example. (There are also 26 week challenges which requires larger deposits to save more in a shorter time frame).52-Week-Money-Challenge-Money-Tips-@ahelicoptermom4. Savings jar – The usual savings jar idea where you may be saving for a particular thing like a tattoo, trip, etc.

      741ab2a61e0364f842266d110dbaae7b                                                            55168da50a364cdf5f6df1d490d50e52tithing-savings-spending-jars                            
5. Affirmation savings –  In my opinion this can be done with any coin or bill you deem fit. With every bill/coin you save say a positive affirmation such as “I am wealthy and prosperous in all  areas of my life” or “Saving money feels good”. The affirmation does not have to revolve around money, the affirmation can be about yourself such as “I love myself, I believe in myself, I support myself”.

There’s a lot of other  ways to save money like coupon shopping, cutting back on unnecessary spending, signing up for newsletters to stores (always coupons being sent out), and all around pacing yourself. You can make up your own savings plans or simply save whenever you can. If you really want to save you have to be cheap with yourself, but not too cheap. Put spending money to the side once you have your bills and responsibilities squared away. Budget yourself wisely, sometimes you have to sacrifice fun nights or eating out. Always make sure your savings plan fits your income. Don’t plan for something you are unsure of, plan around your income specifically so you don’t find yourself dipping into your savings often.


 

Useful resources to save, save, save!!

Thanks for reading, Be Blessed & Stay Humble.

Good luck on your saving!

embed

 

 

 

Advertisements

Share your Thoughts!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s