Everyone who knows me, knows I’m frugal. I try to save what I can, and I like to think of myself as a smart shopper.
Spending money is easy. Too easy. But if you have to spend or want to spend, it takes a little more work to do it smartly.
To spend money smart it takes:
- Information – Know what your finances are. Keep track of your banking accounts and do research before you shop, especially if you’re shopping for big items.
- Motivation – Sit down and make a budget and always pay yourself first. It will be motivating to know you’re putting yourself first. Even if it’s just a few dollars, it adds up.
- Willpower – Find something that is important to save for… retirement or your child(s) college, etc., and use it to stay strong and not spend money on a whim.
I think willpower is the toughest for most people.
This is a lesson I’ve been trying to teach my son. Just because you have the money doesn’t mean you have to spend it. But if you do, spend smart.
Check out this infographic on ‘How to Spend Smart’… Tips for a healthy financial future….
Presented by SpendSmart
How do you spend smart?
Donna is a Professional Blogger, Brand Ambassador, Social Media Consultant, Freelancer, wife, and proud mom. Blog by Donna encompasses all that… she writes about family life and being a woman while weaving in articles about the brands and products she and her family love.