For the second month of my Happiness Project, I have decided to tackle…. Finances!
I have decided that I want to get in a GREAT place financially. My husband and I have big plans for the future, and for us that includes hopefully adopting a child. We’ve realized that if we want to fulfill our dreams, we have to be smart with our money and pay off debt. I started looking tips and tricks to save money, and this is what I have decided to do so far:
- Keep an expense journal
Writing down everything we spend our money on will help us keep track of where our finances are going.
- Cash envelopes
I want to begin budgeting for all of our expenses every month. We are going to set aside our money in envelopes for each category. If there is one tip I have heard over and over, it is to use cash!
- Buy basic products at Dollar Tree
There are so many things that can be bought at the local Dollar Tree. Obviously some things need to be bought at better quality, but Dollar Tree can help us save on a few basics.
- Buy in bulk
Find the good deals and take advantage of them!
They say Mom’s are always right, so I am gonna trust my Mom on this one. Her #1 piece of advice for me was to start using coupons now.
- Eat our meals at home
We already eat the majority of our meals at home, but we are going to be even more mindful to make sure that we don’t waste our money eating out.
- Apps I want to try
I got some great app recommendations this week after I asked what my friends what they do to save! Here are the ones I am excited to try out:
- Check for fun activities on Groupon
My husband and I love going on dates and having fun. We are going to try and take advantage of the good deals on Groupon this February.
- Snowball debt method
This method involves listing your debts from smallest to greatest. We are going to work on knocking out the smallest and working our way up!
- Save all coins
Simple enough. Every single spare coin will be put into a savings jar.
- Read Total Money Makeover
I am so excited to read Dave Ramsey’s book. “The Total Money Makeover”. I have heard nothing but good things about his book for the last few years. We are going to follow his plan to get out of debt and prepare for our future.
Now I need your help! What are your best money saving tips?