Spending Tips and Tricks
DID YOU KNOW?
The Bureau of Labor Statistics found that in 2017 the average U.S. household made $73,573 before taxes and spent $60,060.
Here are some good spending tips and tricks according to Student Debt Relief and Get Rich Slowly:
How does spending only in cash help a person control his/her spending?
- By paying in cash you are less likely to overspend or accumulate debt
- Learn more about avoiding debt in Know your Debt and Budgeting Basics
What is the 30-day Rule of buying, and how does it help people control their spending?
- When you see something and have the urge to buy it on impulse don't buy it right then
- Instead put the item back, write it down, put it somewhere obvious in your house, and if you still want it in 30 days then buy it
- This rule will help prevent impulse buys that you don't really need
- Learn more about budgeting at Budgeting Basics and the 50/30/20 Rule