Serious problem

I have a serious problem. I’ve always had this problem, at least as long as I can remember.

I cannot save money for the life of me. I do pretty well for a while, saving up a good amount, and then *BOOM* I lose all self-control and spend a huge chunk of it. Then it takes forever to catch back up to where I was before, and then I fall into the same trap. It’s a saving-spending cycle.

This time, the major event that drained my savings account was Mitten Head’s teeth removal surgery. After spending almost $900 on her at once, I just can’t manage to get myself to keep adding to my savings. Sure I add a little here and there, but I usually end up re-transferring money BACK into my checking account when I get in over my head.

This time, I obviously spent quite a chunk on these two kittens. I also spontaneously bought them a cat tree (because one isn’t enough), and I also splurged a little (read: a lot) on this Jillian Michaels’ Cross Bar set.

How can you not want this?

After these purchases are paid off, though, I am FORCING myself to create a budget and stick to it. I don’t know how I got SO off track with my savings, but I’m determined to get myself back on the ball!

Do you have any saving tricks or tips?

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One thought on “Serious problem

  1. I’ve found the best thing for Steph and me is to keep track of what bills and expenses need to be paid each month. Google Calendar works outstandingly for this. Then each time you get paid, sit down and figure out what needs to come out of that week/two weeks’/month’s check. So say you’ve got a $400 check coming in and all of your bills and expenses including food come to $350 for that week/those two weeks. You’ve now got $50 of leeway in case something comes up. If it doesn’t, transfer that money into a seperate account (or an attached savings, either works) at the end of the month.

    Once you’ve got a decent chunk of savings in that account ($1-2k depending on your lifestyle and expenses, start keeping some extra money in your checking account. Now you can add up all of your expenses for the month and divide them by the number of checks (1, 2, or 4) and only take that amount from each check. The extra money in the account will serve as a buffer in case you go “over” on one check, but averaging the expenses like this should prevent that.

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