Setting a budget isn't an easy task, especially if it's a family budget! If you are having some trouble to stick to it, take a look at these tips!
Strictly respecting the family budget may seem impossible. Something always comes up, a member of the family is tempted with an unexpected expense, or simply a craving happens...
Sticking to the family budget may be an impossible mission. But, there are some things and habits you can apply to achieve it. Here are some tips that can help you make it easier.
1. Make major purchases in the morning
If you postpone large purchases until the evening, there's a good chance that you will be extremely tired and not capable of judgment and willpower.
Whereas, if you buy in the morning you will be energized and fresh enough to make smart decisions, compare prices and not give in to the first option you find.
2. Don't go to the grocery store hungry
Don't EVER go to the grocery store while you are hungry! Everything will look good and tempting if you are hungry while buying food, and this increases the chances of buying products that weren't included in your shopping list.
Make sure you eat before going to the grocery store and don't forget your list! This will definitely help you to stick to your budget.
3. Check one-star reviews of products
If you are craving for a particular product and you think that you really need it, then check the people's reviews, especially those that gave a horrible one.
One-star reviews will probably convince you not to buy that product, and that means you saved your money and respected your budget!
4. Never save your credit card info on shop sites
Saving your credit card information in your favorite shop sites will only make purchases easier.
This trick is used by those sites not only as a convenient method but also to convince you to spend more money. So, refrain from saving this information!
5. Cash only
If you want to stick to your budget, then you should start leaving your credit cards at home. Purchases are way faster and simpler with credit cards so a strategy is to only have cash.
The best way to achieve this while respecting your family budget is by separating the cash in budget categories and placing them in different envelopes. When the envelope is empty, then there is no more spending on that category!