12 May 2010

Keeping a Money Journal

At the end of every month I list in a journal things I have done to save money for that month, it may be something as simple as using cold water for washing, washing the dishes by hand etc. I also list things where I haven't saved money and how I can improve on this the following month. This technique gives me a monthly guide to encourage me to keep going with what I am doing, incorporate new tips  (these can be obtained from the Cheapskates Club website of course) and to reflect on over-spending and learn from it so I don't do it again. As I know myself so well, I can find flaws. For example, I seem to get caught up in the Christmas spending easily and by writing down what I have done I can be prepared not to make the same mistake again. It's like a journal for your spending/saving and it's nice to look back on and see how you grow with wisdom and willpower!

Contributed by Pauline, Clare

No comments:

Post a Comment

Thanks so much for taking the time to leave a comment...I just love hearing from you!

Just a couple of things:

Please don't use your comments to advertise your business or goods for sale, any such comments will be removed.

And please include your name, anonymous posts will not be published and will be recorded as spam.