- Food Fetishes: Eating restaurant food affects you in more than one way. First, splurging around the city becomes an addiction and your money disappears in a matter of minutes. Next, it leads to overeating and obesity. Next time you feel hungry, ditch that super expensive meal at a cafe for home cooked food. Not only will you be saving money, you will also be eating healthy.
- List the Causes: Next time you see yourself spending money on something unnecessary, take a moment and think about why you are doing it. When you stop yourself from spontaneously spending money, you are more in control of how much you spend. Besides, intervention by your conscience is all that it takes to stop throwing your money at meaningless things.
- Set Goals: Set realistic goals about what you want to buy. For example, if you want the latest gadget, then set your eyes on it and start saving. You will be aware of the fact that you need to save money to achieve your goals. Towards the end, not only will you successfully achieve your goal, but you will also refrain from spending money.
Bad spending habits differ from one person to another. What your friend spends each month can be a huge amount for you. The key is to figure out what makes you spend money and controlling yourself from doing so.