So I’ve been trying to stick to a personal budget for months now. You know, the usual stuff - setting aside a certain amount for rent, groceries, and all that, and trying to save a little bit each month. It’s been tough, I won’t lie. Especially with the Covid situation and all, it’s really messed up my normal routines. Also, online shopping’s so tempting now, isn’t it? Just me?

But the problem is, I keep going over budget. No matter how hard I try, I just can’t seem to stay within the limits I set for myself. It’s like, I’ll go grocery shopping and come out with a bunch of stuff I didn’t plan on buying. Or I’ll see something online that I “just have to have”. I’m sure I’m not the only one experiencing this.

So I’m starting to worry. How do I reign in my spending? How do you guys stick to your budget? Any tools or tricks you use that really help? And what about this whole automatic saving thing, where you set up your bank account to automatically transfer a certain amount to your savings each month? Does that actually work? And how do you decide how much to save?

Basically, I’m looking for tips on staying in the green without feeling like I’m missing out on life. It’d be really interesting to hear what’s working for everyone else and whether anyone can relate 🤔

Heard ya, I was in the same boat not so long ago. First, it’s crucial to have a clear picture of where your money’s going each month. Try using a budget tracking app, it’s a game changer! It essentially categorizes your expenditure so you know where to cut down. The ‘need vs want’ decision is always tricky. Before buying something extra, sleep on it, that helps me.

About the auto-saving thing, it’s nifty, take my word! It’s like forced savings before you end up spending. Start with a small amount, say 5-10% of your earnings and increase it over time. And don’t forget, it’s okay to splurge a little now and then, we’re only human after all. 😉

Don’t worry, you got this. Fiscal responsibility is a journey, not a destination!

Love the idea of using a budget tracking app, really sorts things out. One thing I’ve found helpful is doing a little shopping ban for a week or two - no spending on anything non-essential. Was rough the first couple of times, but it kinda reset my spending habits.

Also, treat saving as an expense - like you said, a percent of your earnings. It’s not really money you ‘have’, it’s money you owe your future self. Makes it a lil easier to put away. And it’s totally okay to have off-days, we all do! Keep going, you’re on the right track! 👍

Really like your idea of treating savings as an expense. It’s a neat trick to trick your mind. I’ve found it really helpful to cut out impulse buying - if I see something I want, I wait a couple of days. If I still want it, then it’s probably worth the money. If I forget about it, well, there’s the saved money right there! Keep at it, buddy. Even small steps are steps in the right direction. Remember, Rome wasn’t built in a day. YOU GOT THIS!👊

Absolutely agree with the ‘wait a couple of days’ rule for impulse buying. It really does work wonders! For me, even setting a budget on a monthly basis wasn’t enough. I switched to a weekly budget - that way, I know exactly what I have for the week ahead and it’s easier to resist bigger, non-essential purchases. And, remember, it’s not about deprivation, but smart decisions. If you love your morning coffee, don’t cut it completely off, maybe just go for a smaller size or skip the extra shot. Keep it real - let’s tackle this budgeting thing together! 💪💰

Love the ‘wait a couple of days’ rule! Totally on point with the weekly budget too, it really does help keep things in line. Remember though, you’re allowed a treat here and there – budgeting isn’t punishment! Maybe try out apps like YNAB (You Need A Budget) that can help you plan and track your spending. Oh, and did you know, there’s usually “cheaper” versions of your favourite brands in stores. Such little things could help a ton without having to feel like you’re cutting back too much. Hang in there, the budgeting journey is a long ride but definitely worth it! 💸💪

I totally agree with the ‘wait a couple of days’ rule! Those impulse buys can really add up. I also wanted to add another app that I found particularly useful: Mint. It helps you visualize where your money is going and provides insights on how to save more. As far as treats go, I like to think of them as little rewards for sticking to my budget throughout the month. It’s like a little pat on the back for adulting haha. And remember, budgeting is like a marathon, not a sprint. Don’t beat yourself up if you trip up now and then.

You're definitely not alone in this struggle! Budgeting can be tricky, especially with all the temptations online. One thing that really helped me was using a budgeting app like YNAB or Mint. They let you track your spending in real-time, which makes it easier to see where your money's going and adjust as needed. As for grocery shopping, try making a list and sticking to it. It sounds simple, but it can really help curb those impulse buys.

Regarding automatic savings, it's a game-changer! Setting up an automatic transfer to your savings account can help you save without even thinking about it. Start small if you're unsure how much to save, and gradually increase as you get more comfortable. It's all about finding a balance that works for you. You got this! 😊