Where’s My Cash Flow? Five Smart Saving Solutions During the Holidays!
Feel like you’re completely breaking the bank with all of your holiday shopping? Is your Black Friday, Small Business Saturday or Cyber Monday shopping starting to catch up with you, yet there are STILL gifts and/or travel costs left? Here are five simple saving solutions to consider while shopping for the remainder of this holiday season.
Whenever you break bills and receive loose change, put aside the coins.
The amount of money that you will be able to amass this way is indescribable. Watch just how quickly you will fill up your money jar(s)! To make it more fun, save each coin denomination in individual jars.
Whenever you break larger bills, force yourself to save ALL $1 bills.
With this particular method, it might surprise you just how much money you will have even after a week. Allot yourself a designated amount of cash for shopping, and once your larger bills have been broken from your shopping excursion, count up your singles and save!
Force yourself to write down, in a small notebook, EVERYTHING that you spend (not bill money) that has nothing to do with holiday shopping.
Write down everything, including that beverage from your favorite store. If any of your purchases have nothing to do with holiday gifts or bills, write it down. THIS is where a lot of your cash goes without notice.
As the old saying goes, “Brown Bag It”.
Enough said! You save tons of money by preparing your lunch at home, rather than by spending it daily in the cafe at work or at local restaurants. Make an honest attempt to brown bag it four days out of your five-day work week. Then maybe treat yourself once a week at your favorite eatery for your efforts.
Put someone else (SOMEONE THAT YOU TRUST AND SOMEONE GOOD W FINANCES) in charge of your savings.
If you’re deciding that you want to save $50 per paycheck, but you know you will dip into it, give it to someone that you absolutely trust not to spend your money. Think of it as a “bill” that you pay, but towards your savings.