Play the Money "Game" And Don't Let Money You Save Go MIA!

When you buy an item that’s on sale, what happens to the money that you saved?

You’ve saved– in the sense of spending less, but you didn’t save the money in the sense of putting it away.

I want to challenge you to start changing that! In this blog I will provide you with ideas for saving money (spending less) but it will be up to you to actually take that money and direct it to a specific purpose.

What purpose?

Well that’s up to you. A long term plan is important.. but for now, think of some short term goals, something you’ve wanted (a material object, or an experience such as movie, meal or a trip to a local attraction) as long as it’s fairly inexpensive and it’s something you want.

This can also help in getting control of your spending. Next time, instead of buying on impulse, add the item to your short term goal list instead. Then as you save money, direct that money toward that item on your list. You can do this by keeping an envelope and putting cash there until you’ve reached your goal or by tracking the money on paper. Just be sure to follow through with your chosen short term goal and that you actually use money that you’ve saved (not a credit card).