Who doesn't love to save money? I want to do it any way I can! Almost.After about a year of finding my way in this transition to SAHD, I've established some boundaries.
1. I love and appreciate all the work that so many people do out there to find coupons, sales, great deals, and how to save money on almost any purchase. It is clear that I do not have the interest or abilities to do that digging. So many do a great job, why re-invent the wheel?
2. I am not yet at the point where I am acting on all possible ways to save money. I am not yet making Christmas ornaments out of egg shells. But I do love a good yard sale!
3. Gotta KISS... Keep It Simple S(complete this term as you see fit). It is more important than ever being home with the kids AND doing so much of this online work, it is easy to get distracted, waste time, and stray from the priority at hand. I need to focus and simplify. It is not easy but a worthwhile pursuit.
Keeping it simple, while focusing on priorities and providing a few practical take-aways is what I strive to do for myself, my family, and here on the DailySaving blog. On with it!!
MICRO-MANAGE your finances. I never considered myself to be a micro-manager as a sales leader but that was when I worked with talented people who could deliver results beyond what I could simply tell them to do... Money can't do that. Money will wander off and find it's way into trouble. Most of the time I won't even know where it is, or what it's doing!
~ Keep track of what you spend. You've heard that a million times for a reason. (MominManagement suggests Mint.com) I like that one too...
~ Know what your financial reality is in REAL-TIME. Pay cash more often. It pays. Online payment is still a FREE gift. Use it. I'm obsessed, use it almost everyday. It helps.
~ Know what things cost. It takes practice but it helps you to realize when a sale is really a sale. After one year, my brain is like a (slow) computer as I go up and down grocery aisles computing whether that item is actually a good deal or not. I think it's becoming a sickness... More on this later.
Take one idea. Plan and try to implement it. Get a little bit better today.
I'm wouldn't say I'm over the top (yet), I've never walked out of a grocery store with a carriage full of groceries for $3.24 but I do want to get better. All this stuff from Walgreens that we actually use, I got for $1.06. Whoa! I've saved some but learned more in this past year.