This is where my budget really came in handy. You can’t set priorities if you are unclear on your habits as making any changes will be hard. I will admit that this is a hard one for me as I like a good sale. I just keep reminding myself that just because it is on sale does not mean I have to buy it.
Using my budget and the envelope system, setting spending priorities was easier than I thought. The challenge will be sticking to it but it has made me seek out creative ways to cut cost.
Once a month, I sit with my family and we discuss our spending for the following month and create a plan to see if we can beat the previous month. It is funny to shop with the kids and they say that we can’t buy something because it is not on sale or we don’t have a coupon.
Have you set your spending priorities?