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.