Reduce Spending While Expanding Quality Time

When you take the time to separate your wants from needs, you’d be surprised how many little extras you’re spending your hard earned money on, for not a lot of reward at all. Sometimes it’s all those little things that we think we need in the moment that build up and take away our spending power or even time for the things that really matter. Make it a goal this month to evaluate what you’re spending your money on, and what wants you can begin to cut out that you don’t really need. Practice the two minute rule. If you find yourself out shopping and want something really bad, walk away from it for two minutes. I do this all the time and often find that I actually really don’t want something once I have put some distance in between myself and it. If after those two minutes you still really want it, consider buying it. But evaluate in a few weeks if you’re still getting any value out of that purchase. Try instead to look for ways to spend more time with your friends and family. Many fun things cost nothing. Spending time with your children, going out for a walk, cozying up with a favorite book, volunteering, or breaking out a board game all cost nothing and can be a great way to enjoy the company of others. Having to spend money should not be the sole source of bringing happiness into your day. Take the time right now to call a friend and schedule something fun in the sun (that doesn’t include a restaurant).  Often, the most rewarding parts of our day will come from a little creativity, effort and the freely enjoyed company of our friends.