May is the time of year I look to take a close look at my spending. We usually want to take a summer trip, go camping at least once, see plays at Hope Summer Rep Theater, and there are always weddings, graduations, Mother’s Day and Father’s Day. This year I also plan on going on a writer’s retreat.
All these need to be saved for. The easiest way for me to save quickly is by going a month by only spending on necessities like food (not Ghirardelli brownies), toilet paper and gasoline. So no clothes, cute things for the house, shoes, or books. No movies or dinners out.
You can read more about past Spending Fasts here: https://www.mysimplerlife.com/spending-fast
To help you, read my 20 Tips to Keep from Spending Money.
We talked about intentionality yesterday. Money is a place where most people are not spending or saving intentionally. They spend on whim, putting out fires, and live in denial about their spending.
One reason is people don’t have systems set up for their money. Their filing systems are a mess, they don’t have any specific times to pay the bills, they don’t know their net worth or have an actual plan to spend their money.
Or their systems are overcomplicated. Zillions of money accounts. File folders for every utility. Envelopes for every type of tax receipt. And people can’t keep up with these complicated systems.
It’s time to set up simple systems so we can be intentional with our money. Check out my upcoming class below if you want help setting up simplified systems.
Get into financial integrity
Starts May 13
This class will help you:
- get your finances in order
- start saving
- create a plan to get out of debt
- consolidate, automate and simplify your system
- create a simple spending plan
Each class will bring you closer to financial integrity. And you’ll find you are not alone.
Let me help you simplify your money systems.