Monday, October 3, 2016
1. Stop The Behavior
The first thing you need to do is stop the behaviour. Try to figure out why you're spending is off track. Are you impulse buying? Emotionally impulse buying? Having a hard day at work is not an excuse to go shopping. That impulse buying is not going to help, and it might leave you with buyers remorse. Maybe something came up and you had no choice but to go over budget.
2. Don't Give Up
Just because you've gone over budget, doesn't mean you should give up. Don't continue to keep spending. Every dollar counts, just because your budget isn't where you want it doesn't mean you can throw the budget away this month. Things happen, you need to learn to be flexible. Life happens.
3. Reevaluate Your Budget
If you've shopped too much or something unexpected came up. Don't panic, don't be discouraged. These things do happen, and they happen to everyone. Look at the budget and see if you can adjust it. Can you spend a little less in another category to make up for it?
4. Tell Yourself that Credit Cards Are Not An Option.
Personally I will make it work without using a credit card. I don't want to feel like credit cards are my safety net, my safety net is my emergency fund. When you stop using credit cards, and use cash- you really feel the effects of spending too much.