Member-only story
To begin saving we need to learn to live with less
The other day, I overheard a conversation between two teenage girls in a changeroom. The one was contemplating whether to buy a new item of clothing but her friends dissuaded her:
“But do you like really love it? Because if you don’t really love it now in this flattering light you will love it even less when you take it home and try it on. Don’t buy it if you don’t love it. Because you sense are heightened or something…”
I smiled at the wisdom of youth. I did not have the same foresight as a teenager. I wanted to buy anything I could. I loved shopping and buying new things. Even if only worn once.
I have managed to save almost 40% of my income in the last year.
And yes having a budget is, of course, the key to saving money. Without a budget, you will be hopeless at saving money. But having a budget is one thing and sticking to it another. How do you stick to the budget?
Having the motivation to stick to one is hard to find when deciding whether those white Nikes are worth the money.
