fifth label

less is more

fifth label

Last year I wrote a few goals down as it relates to a few things I would like to achieve this year, one of them is spending less money in order to do more.

You’re probably thinking how can one spend less and do more? It all boils down to priorities.

I want to invest in experiences as oppose to… things. Not to say that I won’t be purchasing anything at all, but what I am saying is I will be taking specific steps towards investing in experiences versus the tangible.

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One of the ways I plan on diminishing spending is by recycling my wardrobe. Listen I like to shop as much as the next girl, but baby I rather travel.  If you look at my previous blog post, I recently did a bit of a closet audit and came across some items I forgot I had, because they were buried under other items; this revealed that overconsumption was definitely an issue as it is for most. Side note: the above pictured belt is one of the items I found I forgot I had.

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So how do I plan on doing more by sending less, it’s simple… by not spending on the things I don’t need, and investing in the things that are beneficial to me and mine.

The concept here is not to stop spending in one place to spend in another. The plan is to spend less all together to be able to do more while spending less? Confused… Yeah I was too! Let me break it down to you.

Here are a four things that have helped me save.

  1. Food

It’s no secret that I like to eat! I like going out to eat, because I like food! But going out to eat adds up. Now this is not to say that you should never go out to eat! But limiting spending on food will allow you to stack those coins! Meal planning has helped a great deal in our household, I try to plan our meals weekly, it helps with your budget and avoids unnecessary spending on food.

2. Buy in bulk

When I tell you that my mother is the queen of buying in bulk!!!!!! I never understood why she would buy things like toilet paper, dishwashing liquid and laundry detergent in bulk. But I do now,  buying certain things in bulk ( like the ones I mentioned) will help you save in the long run. Just be sure to purchase things you actually use.

3. Needs vs Wants

Know to differentiate the two.

A need is a necessity, a want is a desire.

I often think that I need a new pair of shoes, but my husband quickly reminds me that I don’t. That is why Im rocking my 4 year old Zara shoes in this blog post.

4. The Mint App (NOT SPONSORED)

Thanks to Tigisti from Bella Diva Lifestyle  I was introduced to the Mint app and it has changed my life… for the good!

I haven’t always been the best at budgeting but I’m on my way! I’m old school and typically like to write my expenses down … ( with a pen and paper). The Mint app enables me to keep track of my spending, bills, account balances, hence helping me make better decisions when it comes to my money.

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that’s me… laughing all the way to the bank (not really)LOL

In conclusion, finding ways to spend less, will enable you to do more, by saving more money to take a special trip with your girls, prepping fun meals to share with the ones you love and enjoying the changes you’re making towards building financial stability for you and yours.

 

Got tips? Drop ’em below!

Until next time!

“A slack hand causes poverty, but the hand of the diligent makes rich. He who gathers in summer is a prudent son, but he who sleeps in harvest is a son who brings shame.”

-Proverbs  10:4-5

photo cred: chuck olu alabi 

2 Comments

  • Tigisti

    March 1, 2017 at 11:18 pm

    I loved reading your tips, especially #3!! So happy we’re on the same page in terms of making conscious decision to live within our means this year and beyond. I’m with you!! I started in January and saving money has become something of a fun game for me. In addition to monthly savings goals, I also decorated my favorite green vase and use it to stash way every $5 or $10 bills I come across – I’ve $120 so far!!!

    I’m rooting for you Charlotte!!! I’m also taking tips from you about auditing my closet and recycling what I’ve🖤

    Xo,
    Tigisti

    Reply
    • Charlotte

      March 2, 2017 at 11:02 am

      Tigisti, you inspire me!!!!!!!!!
      Love the idea about the vase ( borrowing) thank you for the way you inspire! I appreciate you!

      Reply

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