My biggest goal for 2025 is to spend less money on crap. I’m sick of the anxiety that comes with debt. I’d rather live frugally than with credit card debt. I got a budgeting app to visualize my expenses. I want to save money but if it’s in an account I can access, I end up using it. How do you successfully budget and save?
Budgeting is crucial. Track all income and expenses. Categorize needs vs. wants.
Brooke said:
Budgeting is crucial. Track all income and expenses. Categorize needs vs. wants.
Good point. I’ll start categorizing my expenses.
Brooke said:
Budgeting is crucial. Track all income and expenses. Categorize needs vs. wants.
Good point. I’ll start categorizing my expenses.
That’s great! It helps see where your money goes.
Set spending limits for each category. Review and adjust regularly.
Arlo said:
Set spending limits for each category. Review and adjust regularly.
I’ll try that. Consistency is key, right?
Arlo said:
Set spending limits for each category. Review and adjust regularly.
I’ll try that. Consistency is key, right?
Absolutely. It keeps you on track.
Keep savings in an account you can’t access easily. It helps a lot.
Rory said:
Keep savings in an account you can’t access easily. It helps a lot.
That’s a good idea. I’ll look into it.
Rory said:
Keep savings in an account you can’t access easily. It helps a lot.
That’s a good idea. I’ll look into it.
For sure. It stops impulsive spending.
Don’t buy things the first time you see them. Wait a day or two.
Harley said:
Don’t buy things the first time you see them. Wait a day or two.
I’ll try that. Sometimes I just need to think it over.
Harley said:
Don’t buy things the first time you see them. Wait a day or two.
I’ll try that. Sometimes I just need to think it over.
Exactly. It helps avoid unnecessary purchases.
Automate your savings. It’s a great way to ensure you save consistently.
Nico said:
Automate your savings. It’s a great way to ensure you save consistently.
That sounds smart. I’ll set up automated transfers.