Decrease Spending

Tips to Decrease Spending

• Carry only small amounts of cash in your wallet so you won’t spend it.

• Use direct deposit.
  You will be less likely to spend money if it goes straight into your account.

• Control your use of credit cards.

• Don’t go shopping just for fun.

• Take your written savings goals with you as a reminder.

• Buy only what you need - don’t buy things just because they are on sale.

• Use coupons to save money.

• Use a grocery-shopping list to prevent impulse-buying.

• Take your lunch to work instead of eating out.

• Shop around to get the best deal for big-ticket items, like cars and appliances.

• Pay your bills on time to avoid late fees, extra finance charges, utilities being turned off, eviction, repossessions, and the costs of a bad credit rating.