Thursday, May 23, 2013

A Penny Saved...

...is a penny earned!

Or a dollar, for that matter.

Many times, I catch myself grabbing that extra box of something delicious, a soda, or a treat for me and my husband. We'd go get ice cream, see a movie, or go out to dinner without much thought.

My husband came up with the perfect remedy for our silly spending: An allowance!

Now, I know that sounds really silly, but it honestly works! We allow ourselves one dollar a day. Once we've saved enough dollars, we can combine our savings and go to dinner, get ice cream, etc.

These are cute, huh?
credit: The Posh Shoppe on Etsy


Mentally, this has proven to be the best money saving trick. I am not tempted to "bored shop" at all. (Unfortunately, this wasn't uncommon in my single days... Yikes!)

Unless it's a bill or necessary groceries, we don't spend it. I definitely notice a difference in our spending habits. Being aware is honestly the best trick of the trade in saving.

I've come to find out that my husband is WAY better at it than I am! I've promptly spent most of my savings of the last week or so we've been doing this. Whether it's a Costco hotdog or a snack while I'm out. Oops...

To justify it, I haven't spend nearly as much as I would have if we weren't doing this!

I never grew up with an allowance, so this was new to me. It seems kind of juvenile, but it totally works! I don't pick up anything extra because I know I want to go out to dinner SOMETIME this year! ;)

We track it mentally, but eventually I'll make a cute little chart that we can cash out on! :)

Here's an interesting article on saving a few bucks a day: http://www.lifehack.org/articles/money/saving-5-dollar-a-day-change-your-life.html

As time goes on, I'll be sure to keep you posted on what we cash out on!

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