How to avoid overspending?

@zhdy89 (304)
China
May 12, 2009 11:49pm CST
I will try my best not to use credit cards,use cash,daily accouting.How about you?What have you do to help you avoid overspending?
1 person likes this
4 responses
• United Kingdom
13 May 09
As a resulte of my overspending in the past I am now in debt. I used to have several credit cards but I destroyed them, I think that this was the best decision I made. I will not use credit cards ever again, I think they are a bad idea. I also budget every two weeks now so I know where I stand financially. I think that there is some satisfaction to be had once you know where you stand financially. Andrew
1 person likes this
• United States
14 May 09
This one was really easy for me because I was raised to be very frugal. There are several things I do to help. *create a budget. Knowing how much you can spend on something makes it much easier to know if you should buy it or not! If you really want it, you know how many months you have to save up. *shop with a list! Whenever you go to the store, write down everything you need. This will help you to avoid buying something that is a good deal. You will know exactly what you need. It will also make sure you get everything you need. You wont have to run back to the store to get the one thing you forgot. *Go to the store only when you need something. Shopping to relax or kill time is a guaranteed way to overspend! If you dont need anything from the store, why would you spend your time there? You will just be tempting yourself! I think this is very important but many people dont do it these days. I think it would help our economy if everyone stayed within their means and didnt overspend!
@dianmelydia (2272)
• Indonesia
13 May 09
The effective way to control overspending is limit your daily expense. You can try it from $5 - $10 for daily use. If you can manage to use that amout of money wisely, you are success with this program. But it doesn't mean you must spend all the daily limit in one day. Try to save more from the small amount. Trust me, you'll gradually find out that saving money is much happier than spending all of your money. Good luck and have a nice day. Happy mylotting.
@eponiine (141)
• United States
13 May 09
I have pretty much zero interest in material things. So I only spend on necessities.