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Abstract

ge and have a conversation about how you could be improving your finances and what steps you need to take in order to do that.The second barrier we often face is mindless spending. So often we’re scrolling online and we end up buying something. We go to the grocery store and we just pop stuff in the cart. It’s so easy to mindlessly spend in this day and age.Take a second to analyze what you mindlessly spend on. Is it an area of stuff that you tend to go for that you end up spending in? Once you bring more awareness to that, it can be really helpful.The third barrier to spending money in is emotions. This can be either positive or negative emotions. It isn’t just that, when we’re unhappy, we spend money. We may be happy and celebrating something and we feel like that’s an excuse to spend money. Quite often, our behaviors are more about what we’re feeling in the moment than we realize.Bringing awareness to those cycles of how emotions impact our behaviors can really help us bring awareness to our spending and ultimately help us save more money.Then there are other triggers to shopping. Besides your emotions, are there other triggers that lead you to shop or to spend more money than you planned? Maybe there’s a certain time of the year when you tend to do more shopping? Maybe there are social media accounts that you follow that tend to lead you to spend more money than you had planned?Some of my friends have pointed out to me that they have saved money by doing online grocery shopping because when they’re in the store, they end up buying things that they hadn’t really budgeted for.Most of us are aimlessly approaching our money. Do you have an actual plan for your money? Are you working towards something or are you just telling yourself you need to be better at saving money? Having an intentional plan for what you really think you want to save that money for can increase the likelihood for what you want to be saving the money.So often, we suffer from a cycle of guilt around money. We tend to avoid money, not looking at our bank account for a while and not really budgeting. This is followed by feeling guilty about not being on t

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op of our money or checking our bank account. This makes us avoid it even more and feel more guilty.Being aware that this is a trap we can fall into can help bring us out of that cycle and interrupt it before it keeps going on for too long.Letting frustrations and anger get in the way is another barrier. Beyond the cycle of guilt around money, there can be an element of frustration with money, of anger about the situation you find yourself in. Maybe there’s frustration in your life about something else or anger about something that’s going on. This can distract us from being intentional with our money.When we feel that sense of injustice or unfairness, we start to justify actions, especially impulsive ones, that aren’t necessarily helpful. This can play out in the form of spending money that we didn’t necessarily plan. Being aware of how we get frustrated and in what way that impacts how we treat our money can help us not fall into that trap.It’s helpful to practice some gratitude, to think about what you are grateful for. You can think about how your situation is better than it has been at some point in the past.Maybe it’s around your birthday and you feel you deserve a third birthday gift. This is referred to as excuse making. Sometimes when we create excuses for spending more money frivolously, it becomes so easy to buy things we didn’t really plan for.Being aware of what kind of excuses we make for ourselves can help prevent us from making those excuses that turn into behaviors that we later regret.Taking the time to be more intentional with ourselves and taking care of ourselves can help us be more intentional with our money. Being intentional with our money is one form of self-care. It’s about really setting yourself up for success in your future. It’s allowing your future self to invest in what you care about and do the things that you’ve dreamed of doing.Stepping back and taking time to really care for yourself in ways other than spending money might help reduce how much you’re impulsively spending.Ask yourself “what is keeping me from thriving?” and then you can address those barriers.</article></body>

A Unique Way to be Frugal

People are missing a big part of how to save money fast…

Photo by Carolina Grabowska on Pexels.com

Everybody talks about the little tricks that help you save money here and there. You know, maybe forego the morning latte or stop eating out.

While these tips are certainly helpful and can have an effect on our financial situation, sometimes these approaches forget the big picture and ignore the really specific ways we can tackle frugality in ways that are way more impactful.

The step that most people forget to take in time to pursue frugality is that they don’t take the step to sit down and analyze what are the barriers to actually being able to save money. What are the functions of their behavior that lead them to spend more? Why do they keep spending more? What is it that is getting in the way of them actually being successful and saving money?

There’s probably something that’s keeping you spending, keeping you from actually prioritizing saving that money. If we actually analyze ourselves and bring awareness to it and strategize how to overcome those barriers, we’re more likely to be successful. We might even develop our own strategies for how to save money.

This involves sitting down and writing a list of what your barriers are and then taking the time to problem solve how to get over those barriers.

Most people face the barrier of not working as a team. If you are in a relationship or partnership, you may have different views on how to save money. It’s crucial to sit down with your “significant other” to decide what your priorities are and how you should be spending your money. Are you both budgeting? What are the things you want to save your money for? What are your priorities as far as saving money? Taking the time to communicate and get excited about building a future together can be a very positive interaction and a fun activity.

It’s so easy to forget to have intentional conversations about money. You might want to set a time, maybe share a nice beverage and have a conversation about how you could be improving your finances and what steps you need to take in order to do that.

The second barrier we often face is mindless spending. So often we’re scrolling online and we end up buying something. We go to the grocery store and we just pop stuff in the cart. It’s so easy to mindlessly spend in this day and age.

Take a second to analyze what you mindlessly spend on. Is it an area of stuff that you tend to go for that you end up spending in? Once you bring more awareness to that, it can be really helpful.

The third barrier to spending money in is emotions. This can be either positive or negative emotions. It isn’t just that, when we’re unhappy, we spend money. We may be happy and celebrating something and we feel like that’s an excuse to spend money. Quite often, our behaviors are more about what we’re feeling in the moment than we realize.

Bringing awareness to those cycles of how emotions impact our behaviors can really help us bring awareness to our spending and ultimately help us save more money.

Then there are other triggers to shopping. Besides your emotions, are there other triggers that lead you to shop or to spend more money than you planned? Maybe there’s a certain time of the year when you tend to do more shopping? Maybe there are social media accounts that you follow that tend to lead you to spend more money than you had planned?

Some of my friends have pointed out to me that they have saved money by doing online grocery shopping because when they’re in the store, they end up buying things that they hadn’t really budgeted for.

Most of us are aimlessly approaching our money. Do you have an actual plan for your money? Are you working towards something or are you just telling yourself you need to be better at saving money? Having an intentional plan for what you really think you want to save that money for can increase the likelihood for what you want to be saving the money.

So often, we suffer from a cycle of guilt around money. We tend to avoid money, not looking at our bank account for a while and not really budgeting. This is followed by feeling guilty about not being on top of our money or checking our bank account. This makes us avoid it even more and feel more guilty.

Being aware that this is a trap we can fall into can help bring us out of that cycle and interrupt it before it keeps going on for too long.

Letting frustrations and anger get in the way is another barrier. Beyond the cycle of guilt around money, there can be an element of frustration with money, of anger about the situation you find yourself in. Maybe there’s frustration in your life about something else or anger about something that’s going on. This can distract us from being intentional with our money.

When we feel that sense of injustice or unfairness, we start to justify actions, especially impulsive ones, that aren’t necessarily helpful. This can play out in the form of spending money that we didn’t necessarily plan. Being aware of how we get frustrated and in what way that impacts how we treat our money can help us not fall into that trap.

It’s helpful to practice some gratitude, to think about what you are grateful for. You can think about how your situation is better than it has been at some point in the past.

Maybe it’s around your birthday and you feel you deserve a third birthday gift. This is referred to as excuse making. Sometimes when we create excuses for spending more money frivolously, it becomes so easy to buy things we didn’t really plan for.

Being aware of what kind of excuses we make for ourselves can help prevent us from making those excuses that turn into behaviors that we later regret.

Taking the time to be more intentional with ourselves and taking care of ourselves can help us be more intentional with our money. Being intentional with our money is one form of self-care. It’s about really setting yourself up for success in your future. It’s allowing your future self to invest in what you care about and do the things that you’ve dreamed of doing.

Stepping back and taking time to really care for yourself in ways other than spending money might help reduce how much you’re impulsively spending.

Ask yourself “what is keeping me from thriving?” and then you can address those barriers.