The Ultimate Budgeting Guide
An Easy Budget Trick
Simplify Your Budget
The key to success is having a plan, and following it. Frugality is no exception. Succeeding with your frugal way of life can be made easier and more successful by having a well written, clear plan of what, how, when, why and who is going to be doing it.
Who - Who will be following the plan? Ideally, this should be everyone in your household. When your spouse leaves the doors and windows open, there is little point in you turning the lights off. You could even include lodgers, if you have them. The more people that are involved, the better. They are all extra hands and minds that can work together towards the common goal.
How - How will you go about saving the money?
Some ideas to get you started:
What - What will you be doing to save the money? Coming up with ideas isn't always easy, but a useful tip is to brainstorm. Sit quietly, and write down every idea that you can think of, no matter how outlandish or extreme. Having a friend or family member join you can be encouraging. You can spark off one another's ideas. Only when the ideas stop flowing do you critique them.
When - When will you be saving money? Ideally, this should be constantly. Get organized, and you'll find it much easier. Keep the coupons in your purse. Make sure you are getting the best return on your money. Plan ahead. Make sure you follow the plan you set. Keeping it as words on a piece of paper won't help you save. Action is essential.
Why - Why do you want to save the money? This is the most important bit. If you aren't activated by this "why," then you are unlikely to succeed. Having a good "why" gives you a good basis from which to grow. Saving money to pay for a life saving operation will give you a good deal more interest in saving the money than wanting enough to buy a newspaper.
Get excited about saving money! Give yourself a pat on the back when you find a good deal! After all, you've worked hard to get it.
Solomon Broad has an interest in saving money, and is a big fan of such books as The Richest Man in Babylon .
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