How to stop spending so much money?

Question

I have been wasting my money for so long that I don't know how to stop. I see money in my bank account and say, what the heck this $10 isn't going to make a difference. But I do that about 10 times a day! I end up spending more then I have. I buy anything and everything that I want. I end up not having enough money for bills. I'm almost 30 years old and I don't have any savings. Does anyone have any ideas on how to manage money? Or fun, cheap ways to have fun. I find I spend most of my money on entertainment and food.

Answer 1

OK if you are like me mad you are a shop aholic then what i had to do was put my money in the bank and only buy what i absolutely needed and then if you think about it you can use the money you have saved up to go an a vacation or if you are not married for your wedding or honeymoon or whatever or maybe you can use it around Christmas time but if you spend all you money now you are going to get indent and it is going to be hard to catch up even if it is something u really want and it is only 5 bucks just remember that every dollar counts to that great something!!

Answer 2

$10.00 does make a difference when you add them together. Question for you to answer before you buy. Is this a need or a want? Cook more at home. Put that money into a savings account direct deposit so you don't have it in your hands to spend. It's nice to have on a rainy day. Entertainment? not sure what you do or what you like. Spend time with friends is cheaper than going to clubs.

Answer 3

Well im 16, i own my first car and the car needs shocks/struts along with some other work, i dont have a job cuz i was fired recently, but when i did have the job i went around SPENDING ALL THE MONEY I HAD, to the point where i would owe my mom money, what i did is i put 50-75% of my check in the bank which i COULD NOT TOUCH except for bills (cell phone) and parts i needed for my car, and the rest was my spending money

Answer 4

You sound a little like me. Well I love shopping and spending $$ but what I have learnt is to shop all year round and I have a long list made up for Xmas. I start looking aroung a small gift of all in my list and when Xmas comes I have $$ for whatever I want and dont run in more unnecessary expenses. Try it it really works and everybody is happy for xmas time.

Answer 5

You need to learn how to cook your meals, and then grocery shop. I like to spend too, but I know I have to pay my bills FIRST! Then you spend what's left over. I allot myself a certain amount for spending each week, and budget it. When it's gone, I consider myself broke, until the fallowing Monday.

Answer 6

Dude, you sound like me. OK, you know what we need to do, is just rough it out, and no matter how badly we think we need something just sit it out and don't buy it. Maybe then we'll create a habit of wanting but not buying until debts are paid and savings are acruing.

Answer 7

Just keep thinking that something worse would happen, an incident where you really need the money.

Answer 8

OR shopping to thrify stores, NEVER TAKE DEBIT CARDS or credit card, use cash only, once it's gone, it's gone and rent movies, go for walks
join a gym etc etc.

Answer 9

Simple, just go out without cash, credit cards or anything. It works for me.

Answer 10

Hell, I'm 49 and don't have a savings. But I don't worry about it. Life's too short to worry.