How I can control my small expenses: PF#5

Today I am going to to talk about ways that I can control my small expenses. Using cash instead of credit or debit, not impulse buying, and keeping track of your bank statements are just to name a few.

Using cash for small stuff can really help control small expenses. Some small stuff include meals, drinks, sweets, subscriptions, and other stuff that doesn’t cost much but can add up. Humans naturally dislike the feeling of trading your cash in for some object, much more so than swiping a card. It helps make your money feel like physical possession instead of a number on a screen or a paper bank statement. I can totally agree with this, especially as I have dealt in cash for all my spending my entire life.

Avoid impulse buying if possible. If you see something you want while shopping, wait a while. Come back later. Shop around. If you really find that there is no better alternative and you still want it then you can go buy it then. There is no advantage to impulse buying. I can vouch for shopping around, particularly on eBay. There are some really good alternatives to items from big stores.

Keep track of you bank statements and where all your money is going. This will help you catch things like old subscriptions and other things you don’t really need on your list of expenses, and can also help you realize how much you spend on a certain type of thing each year.