Everyone who knows me, knows I’m frugal. I try to save what I can when 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.
Donna is a Content Creator, Marketer, Brand Ambassador, Social Media Consultant, former teacher, 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.