I know what you are thinking. Is this girl nuts? We need food. We need clothing. How do you not spend money? I know that sounds weird. Eventually, we all need to buy stuff. There comes a time when we have to spend some money right?
But what if you didn’t have to always spend money. What if we worked to make spending less of a habit? What if you could change your mindset so that buying was not the first impulse. If you are trying to save for a large purchase, pay off debt or recover from some other large outlay of money this might be your a pretty good option.
I get it. It is so easy to need that instant gratification and want to loosen the purse strings. Society in general reinforces spending instead of saving. It becomes harder ad harder to watch new things advertised and talked about and not feel like you need them. See that’s the key…do you really need them? It is almost as if we can no longer tell ourselves “NO”. That not buying lunch out or not purchasing new is no longer socially acceptable behavior. Buying and spending has become so commonplace it has become the norm. But if we can shift our perspective the financial benefits could be great.
So how do we get into a saving mindset and not spend money? Here are 5 ways to shift your thinking and get away from a free spending attitude.
- Use what you have – In past generations this was the norm. They would never have gone out and purchased a new car for example, unless the old one just stopped working. Past generations didn’t feel the need to fall pray to the newest shiniest new toy on the block. Surprisingly, to us they lived perfectly happy lives without things we feel are necessities like TV, cell phones and programmable coffee pots. If we really examine our possessions, most of the time we have more than enough items just lying around unused or even forgotten that we had even purchased. That shirt we bought months ago on sale, that electronic gadget we had to have, you get the idea. Look through what you already have and well…use it.
- Create something new out of something old – There has been a resurgence in creating new home furnishings out of driveway discards. There is good reason for this since most of what we throw away is still in good condition, we just want it to be new. Most of what we throw away can be transformed or reused into another purpose. This might take some imagination and creativity. Many people have found it fairly easy to refinish a piece of furniture and create a like-new functional item for their home. All you need to do is look at things from a different perspective and see if you can find a new use for something you already have instead of discarding it and buying it new.
- Clean stuff up – Often a bit of elbow grease will do the trick in. Instead of purchasing new, search Pinterest for a way to clean something old and bring it back to life. I tried this with my car headlights instead of having them replaced. You will be amazed at the results.
- Stay in – Sometimes we lose track of how much we spend when we go out to dinner, a concert or movie. There is more than just tickets and entrance fees, there is additional food and beverages, t-shirts and souvenirs. More often than not it is healthier, easier and cheaper to cook it at home or watch it on video. Plus you will get the best seat in the house.
- Remember people mean more than things – In our over-consumptive society, we feel an intense need to buy, shop and consume in order to feel connected to the latest trends, hottest events and newest things. What really matters is the people that we share our time with. Spending time with a friend over coffee means more than all the overpriced lattes consumed on our own. Sharing a walk with your family means more then the next complicated computer game. Making time to spend with the important people in your life has more value then working overtime to pay off purchases you never really needed in the first place.