Sometimes I can easily overlook the obvious – do you do that?
I refer to a very simple statement I came across recently –
‘Spend less than you earn = more savings’.
In my quest for a simple life this is good simple advice.
I do, as it happens, spend less than I earn overall and do not have the problem of credit or overdrafts, but even so I can take this on board and spend even less than I earn and save even more = less stuff.
Less stuff is something I am working towards so it will be a win, win situation.
Where I fall down is spending too much day-to-day on lunch at work and on the weekly shop. Buying lunches and over estimating on fresh food for the week or turning to expensive convenience foods through lack of planning and time increases our spending unnecessarily.
After all the hard work of searching out and setting up good deals we often lose track of them coming to an end. We also get so busy we fail to check the online bills for errors of which we have at times found plenty. Therefore a little more attention to these areas will undoubtedly keep more money in our pockets.
Being thrifty is a challenge I actually enjoy and watching our savings grow is rewarding and with retirement looming on the horizon I can feel a slight urgency to give our savings a boost.
Putting it into practice is not always easy – sometimes running short on time and temptation takes over.
My thrifty moments this week –
- I have stocked up on the next two months cards for birthdays and anniversaries using a 25% off WH Smiths voucher for cards. Cards are not cheap now so I am always on the lookout for reasonably priced ones.
- An 8p off a litre of petrol coupon from Sainsbury’s.
- Triple reward points plus 800 free points
- A grocery shopping free week – as we were going up to the caravan for a long weekend last Thursday I didn’t need to do a supermarket shop saving a good £50.
What I have wasted money on this week –
- Buying my lunch for work – I could certainly save money here if I took something from home.
- Buying lunch out at the weekend when we could have made sandwiches and taken them with us and just bought a drink.
- Buying a tray bake cake with a drink at Costa – an expensive enjoyment.
My week at work is over now and I will certainly be spending an hour or two on our finances tomorrow.