Saving money is not about never spending; it’s about how to spend and, above all, when to spend . Planning is money-saving.
If I had a pound for every time I hear: “It’s my husband / wife / child’s birthday and I don’t have any money”, I would never have to work again. It’s the same at Christmas with the variant: “When are we getting paid? I need the money for Christmas!”
It never fails to amaze me. In my world, people’s birthdays tend to come once a year at exactly the same date. Same for Christmas: last year it was on 25th December and this year – wait…. let me check….. – yep, 25th December as well. The same goes for rent, bills, etc… they come every single month around the same date.
If it came from really destitute people, I would understand. When you live from hand to mouth it can be very hard to save up but, more often than not, this come from people who, although not rich, have enough to live on.
Over the years I’ve heard it from people who, the rest of the time, tell you about their evenings out, go to the pub 3 or 4 times a week and eat out or / and order take-away several times a month.
It irks me.
Going to the pub once a week instead of 3 would save you at least £40 per week. That’s £120 a month! Eating out once a month instead of 2 would save you another £40. Cooking instead of buying take-away, probably around £60.
That’s over £200 a month. £2400 a year!
Now that you have freed some money, use it to shop during the sales. Or spread the cost by buying presents during the year, whenever you come across something that would make your husband / wife / child very happy.
That’s when planning is money-saving.