Facebook Twitter Instagram
    Facebook Twitter Instagram Pinterest
    BAUCE
    SUBSCRIBE
    • Hustle

      6 Ways To Make Your Home Design Business Stand Out.

      May 28, 2023

      Digital Marketing Expert Apryl Beverly Shares How Small Businesses Can Utilize Email Marketing To Generate Revenue

      May 26, 2023

      10 Free Online Courses For Entrepreneurs

      May 25, 2023

      3 Black Women In Leadership Share How to Successfully Navigate Career Transitions

      May 24, 2023

      What Do Background Check Websites Know About You?

      May 17, 2023
    • Believe

      Former Love and Hip Hop Star Alexis Skyy On How To Transform Your Image And Start A New Business

      April 28, 2023

      Can Journaling Really Change Your Life For the Better?

      March 23, 2023

      8 Ways To Get Comfortable In Your Own Skin

      March 1, 2023

      What It Means to Retire as a Self-Made Woman

      January 11, 2023

      Entering Your 30s And Feeling Less Sure Of Yourself Than Ever? Consider This

      November 9, 2022
    • Earn

      What Makes Alternative Investments Attractive? 5 Benefits and Risks

      May 16, 2023

      7 Things You Should Know Before Investing In Property Abroad

      April 27, 2023

      Should I Open an IRA With My Bank?

      April 27, 2023

      Trading Forex for Experts: Benefits of the Mobile Lifestyle

      April 19, 2023

      Is Bitcoin A Viable B2B And B2C Payment Method?

      April 1, 2023
    • Live

      How To Use ChatGPT To Improve Your Life and Business

      May 29, 2023

      Immediate Annuities: A Comprehensive Guide

      May 28, 2023

      Expert Guidance: How Mortgage Brokers Help Clients Find the Best Mortgage

      May 28, 2023

      Tax Planning Strategies For Individuals and Businesses.

      May 28, 2023

      Unlocking Passive Income Opportunities in the Crypto Market

      May 28, 2023
    • Profiles

      Marketing Expert Gabrielle Gambrell Shares How Branding Can Lead To Business Success

      May 10, 2023

      Beauty Boss Jesseca Harris-Dupart Shares How She Built A Multi-Million Dollar Brand

      April 20, 2023

      ValiDate’s Dani Lalonders On Black And LGBTQ Representation In Gaming

      April 19, 2023

      How The Women Behind ‘Non-Corporate Girls’ Are Inspiring The Next Generation Of Black and Brown Female Podcasters

      April 6, 2023

      How Marissa Kearney of Target While Black Is Changing The Black Shopping Experience

      March 8, 2023
    • About
      • Advertise
      • Jobs
      • Contact
    BAUCE
    Live

    How To Save Money Like A Pro Even If You’re An Impulsive Spender

    By Shanique YatesJune 25, 20214 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    When it comes to spending money it’s very easy to go overboard.

    Things can go from ‘treat yo’ self’ to ‘where did all of these charges come from?’ real quick and by the time that it’s all said and done you haven’t saved a single dime — it’s okay, this is a safe space. 

    What’s all the working hard worth if there’s nothing to show in the end? 

    When it comes to the average working American, statistics show that people are “still struggling when it comes to saving money for both their short-term and long-term goals.” 

    According to those same statistics, “more than one in five (21 percent) [of working Americans] don’t save any of their annual income.

    If you’re wondering why this is so, it’s because oftentimes once the bills are paid and those self-care days turn into a shopping spree, it’s hard to turn off that impulse spending once it gets started.

    For those with the “spend a check and get it right back” mentality, we’ve got a solution to how you can save money and live your best life by putting an end to impulse spending with the following tips:

    Let Go Of Your Past

    You read that right. Those previous financial mistakes do not define you and they can actual keep you back when it comes to saving those coins.

    It’s not always easy to accept the debt you may have accrued over the years, but as they say, the first step forward is admittance. 

    Sit down and face those previous mistakes so that you can look toward financial freedom in the future.

    Track Your Spending

    Just like you track your success and the goals you’ve made for the year, adding that spending in there.

    If this means that you have to open your planner or calendar at the end of the month and calculate your spending — honestly, track your spending weekly if you know that you can be impulsive when it comes to spending the dinero.

    Your net worth will be the north star to allowing you to save money because whenever you experience financial setbacks you can visually see how far you’ve come by keeping a physical rundown of your spending. 

    Remember, saving money is only half the battle, consistency is the other half.

    Save More Than Half Of Your Available Money

    Of course, once your expenses are handled, be sure to put away over 50% of the money that you have available in your checking account.

    Once you take care of all of your necessities, you can get peace of mind by just tucking half of that money away so that you won’t even miss or see it in your available balance in your checking account. 

    This will help you to be mindful of your spending and trick your brain into thinking you don’t even have access to the money because you’ve already saved it.

    Treat Yourself… Only After You’ve Saved It

    Saving doesn’t mean that you don’t have to treat yourself to nice things!

    Just be mindful to set realistic goals first and once they’re met feel free to reward yourself.

    Not only will you shy away from feeling guilty for treating yourself, but you can also feel good knowing that you knocked out a saving goal!

    Set Up Those Automatic Bank Transfers

    We all know that you aren’t grown-grown until you set up those automatic payments so take it an inch further and set up automatic bank transfers to jump-start your savings.

    Your savings account will be so grateful to you because it’ll constantly be fed each payday and again, you won’t even miss the money because you’ll never see it in your regular checking account!

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit WhatsApp
    Previous ArticleHow To Make Your Business Stand Out From The Crowd
    Next Article Here’s How To Make Sure You Are Protecting Your Business From Every Angle
    mm
    Shanique Yates
    • Instagram

    Shanique Liz Yates is a millennial with a passion for storytelling. She is committed to using her gifts to not only champion for other young women walking in their purpose, but to uplift and inspire others to find their own voice through her work. When she’s not spending QT with family and friends you can catch her perfecting her Diddy-bop, sipping margaritas pool (when the weather permits), or vibing out to her favorite 80s/90s R&B jams.

    Related Posts

    How To Use ChatGPT To Improve Your Life and Business

    May 29, 2023

    Immediate Annuities: A Comprehensive Guide

    May 28, 2023

    Expert Guidance: How Mortgage Brokers Help Clients Find the Best Mortgage

    May 28, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    Your Go-To Resources

    14 Black Web Designers You Should Hire To Build Your Website

    How To Truly Break The Cycle of Debt

    It’s Time To Stop Sleeping On Your Credit Score, Sis – Here’s Why

    These Are 15 of the Highest Paying Careers To Pursue

    15 Good Jobs That Women Can Do From Anywhere Without Experience

    Facebook Twitter Instagram Pinterest
    • Advertise
    • Privacy Policy
    • Contact
    • Jobs
    © 2023 BAUCE MEDIA LLC

    Type above and press Enter to search. Press Esc to cancel.