My name is B & I used to be a shopaholic. Yes, you’ve got that right, this practicing minimalist & intentional living enthusiast used to spend her money on clothes & makeup like it was water. I filled emotional voids & tried to gain happiness through new purchases. And unfortunately, none of it truly helped. It wasn’t until I learned to reflect on my emotions, honor them & control my spending habits did I finally feel fulfilled. Now, I am a proud outfit repeater & use up my makeup products before I get replacements. I still love shopping but I’ve learned to do it less frequently. The types of things I prefer to buy now are items that can improve my life & experiences that will enrich my soul. Today, I wanted to let you in on the secrets to saving money & being intentional with your purchases.
Create a Wish List
To keep my purchasing less off the cuff, I tend to keep a list of wants in my note section of my phone. A lot of the time, I’ll remember I need something or have a want in mind throughout the day. By writing it down as soon as I think of it, I’m less likely to forget. Not only this, but having a list is a way for me to take a pause & reflect on it for a second.
Don’t Purchase From The Wish List Right Away
Impulse purchasing is where I have wasted the most amount of money. Ideally, you want to wait a few days until you purchase items on this wish list so you give yourself time to think about it. I can’t tell you how many times I’ve quickly bought something & completely regretting it later. The worst part is when it’s too late to even return it. Unless it’s something you truly need like groceries, it’s healthier to wait it out a bit. A way to combat impulse buys is to make your lists ahead of time before your usual shopping day. You can even create a spread sheet & budget out the estimated expenses.
Consider A Low Buy Challenge
Challenge yourself to making less purchases all together. Keep it down to the essentials like food, water, monthly bills, & gas. You can even just limit yourself to specific types of purchases like not buying new makeup for a month. I did this with makeup & new clothing where I didn’t buy new items for a few months & I seriously saved hundreds of dollars. This also teaches you to prioritize your spending & always focus on the important expenses first. I know treating ourself can be nice, but it can also get out of hand. Control those spending urges with these low buy or no buy rules.
Ask Yourself Why
Why do I want this new makeup product? Why do I feel like I need this new dress? What will I wear it to & how often will I wear it? These are such important questions to reflect on before making any type of purchases no matter how much it may be. Money no matter how small adds up. So really dive deep into those questions.
Save Your Coins
I am a hoarder – when it comes to coin collecting. We have a large glass jar by our front door that holds all our loose change. Every few months or so I’ll go & cash it in. Can you believe I’ve gotten a few hundred dollars out of just our loose change?! We’ve used it for bills, groceries or even weekend getaways to the beach.
Being intentional with your spending habits simply takes willpower. And when you start to think more frugally, like any habit, it starts to become second nature. Now, when I walk into a store, I can easily just window shop & most days not buy a damn thing. Old me would be shocked. Are you trying to save your money & create smarter spending habits? Let me know in the comments your secrets.