It’s easy to fall into habits of spending without even realising it and this can be a costly way to live. Whether it is buying a chocolate bar a day or going for a quick schooner after work, these spending habits add up. A good way to break these habits is to go cold turkey with a 31 day spending cleanse.
During the cleanse you can spend money only on what is necessary. Although hard to do, it should see you save a great deal of money and help you to realise where your pay goes.
Here are some tips from the Sydney Morning Herald to get you started:
- Identify the essentials that you will have to spend money on and create a budget for these costs. Keeping this as low as possible is important.
- Take your credit card out of your wallet to remove the urge to spend.
- Carry only the amount of cash that you have budgeted for the period.
- Get friends involved if you can. Your peer group will either be the ones to convince you to give up or carry on.
- Create a âfinesâ system to discourage you from having âslip upsâ.
