Take a One Month Sabbatical From Spending

December 3, 2020 / TCORLEY /

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Spending money on things does not create long-term happiness.

Accumulating money does.

Having money gives you peace of mind and a feeling that you are moving in the right direction.

Try one or more of these strategies to create a new financial you:

For one month save 5% of your net paycheck first, before spending anything.
For one month be frugal. Shop around before you spend your money in order to find the lowest price for the highest quality product or service.
Suspend any major purchases for one month. You might find that once the emotional element is removed you really don’t want to make that major purchase.
For one month track everything you spend.

It takes a minimum of 30 days in order for any habit to gain any traction.

Posted in Smart Money Habits

TCORLEY

1 Comments

Nicholas Harper on December 3, 2020 at 11:13 AM

Wonderful suggestions. Over time any one of these is bound to produce a great result. Thanks for sharing.