Wednesday, August 8, 2012

Spend less, SAVE MORE.

Tony and I find ourselves in a territory that so many young families are in these days- this territory is located somewhere between a huge savings account and buying whatever we want, whenever we want it. (Remember when I wrote about this before?) When I go through our monthly expenses the same question comes up month after month, year after year: "where did all our money go?"  It's not that I'm buying Louis Vuitton and Gucci every month and Tony isn't either. The money that goes to "waste" tends to be the money that is spent on small, easily avoidable purchases- not the long thought out (camera, like) purchases. The money spent on small transactions like Starbucks, Yogurt Land, H&M, and Target is what's biting us in the savings account (so to speak). We need that savings account because we have dreams. Dreams of things like buying a home and going to Paris, you see...

Above: Picture taken from Pinterest, photographer unknown. 

In an effort to make a significant impact on our "wasteful" spending habits, I've decided to start a column where I will discuss the small purchases we've made, or the small purchases we've forgone in an effort to build up the small but mighty savings account that we already have.

Here are the guidelines of my column:

I will write about little purchases I make, daily or otherwise. If I have decided against buying/spending in an effort to save instead, I will transfer the amount of that item into my ING Direct savings account. Let me make this very clear. I won't be writing about items that I've decided against buying because my taste has changed, or I decided I didn't want it after all. I'll only write about stuff I want to buy, but would rather see that money in the bank....

Every so often, I will give ya'll a running tally of what I've saved. I really think this exercise could get interesting. And, as an extra bonus- ya'll will get a glimpse of my taste in clothes, knick-knacks, and everything else my little heart desires from moment-to-moment.


I have to say, I am most inspired by people in my life who make a conscious effort to save money, spend less, or wait until they have the money saved to buy a specific item. It's those people who give me motivation and make me want to do things differently. It's not about making more money, it's about saving more money. If I never get the "wasteful" spending under control, it doesn't matter how much "skrilla" we bring in each month- we'll always spend it. 

We really want to give this baby a super cool home to grow up in, you know...

Wish me luck, people!!! Also, if you think this is an interesting column, let me know and follow my blog! (or share my little corner of the web with your pals)

2 comments:

cpnavy09 said...

GOOD LUCK!!! Jake and I havent done well in the savings department, only a couple grand, but it drops down to $1200 alot. But in the absence of savings we have decided to get rid of all credit card debt! After a year of cutting corners and living on a budget we have gotten rid of $12500 in debt and now we can start saving!!! It seems hard at times, and you want to give up and just buy whatever you want, but its so worth it! Good luck girl, I know u can do it!!!!

Bleighmarcotte said...

This is very cool Rebecca! I can't wait to read more. Good luck, I know you guys will do great! What a fun and rewarding competition with yourself! We all need to challenge ourselves. :)

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