Buying
Nothing - The True Money Saver
Saving money when you
don't use your leisure budget. |
As you being
to read the title, it may be a little misleading at first but when
you really start to think about it, it all makes sense. Americans
love to spend money. If they didn’t, the economy wouldn’t
be where it is today. What if everyone took one month and didn’t
spend a penny on leisure items? What if every American paid only
their bills that were required to live day by day? How much could
you truly save?
We as Americans
love to spend money. Take one month and think of everything you
buy that you don’t need. Take that trip to the grocery store
for example. Did you end up eating everything that you bought? What
about that unnecessary trip to the gas station when you wanted to
load up on junk food? Was it necessary? Now before we get started,
we aren’t negative nancies and want you to live your life
as cheap as possible, we just really want to point out how useless
purchases are made.
Let’s
take an average American family. Studies show that the average family
of four makes $40,000-$50,000 a year. After taxes, lets say the
family is bringing home about $700 a week. This will resort to $2800
in monthly spending. Now, once we add in the mortgage, car payments,
gas bills, Internet, cable TV, etc., it all starts to add up quick!
In fact, some
people aren’t even able to stay within their budget, which
causes them to overload their credit card. This brings us to our
next topic. A budget. Every budget will have an amount you can spend
each month on activities such as the movies and going out to eat.
What if we took this activity money and never spent it for the month?
How much do you think you would be able to save? Do you think you
would be able to save more or live even cheaper than how you are
now?
Every family
thinks of ways to save money when the times are tight. What they
don’t come to realize is that if you actually stop buying
that pack of gum or stop eating out so much, you will notice a slight
change in your budget pattern. Even though it won’t be thousands
a month, you will still be able to save maybe a few hundred dollars,
which can add up a lot over the years!
If you really
want to have a fun test with your family and save money doing it.
Take one month and not spend your leisure money. Try and find out
ways to not spend money and have fun at the same time. Instead of
taking the trip to the movies, go for a walk in the park. Instead
of taking the family out to dinner, create a restaurant in your
house and have the kids run it. Be creative!
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