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I save first and then whatever is left I spend however the heck I want. If I spent first and then saved what was left, I'd never save anything.
While I respect monks and their choices, I wouldn’t be able to live like one. I have more than enough clothes, shoes, accessories and don’t need any more. I don’t prioritize these things anymore, so it’s helpful and reasonable for me to limit new items to 5 each year. It’s also saves me time because I don’t need to declutter as frequently. I prioritize travel and live experiences, so that’s where most of my discretionary spending goes towards. I go on about 40 personal trips a year so no deprivation in my life.
What I found works best is to pay my savings account and my investment account automatically out of each paycheck. My check is deposited by my employer, and the next day a set amount comes out for each. What's left is mine to pay bills and live on until the next check shows up. I don't beleive in carrying credit card debt, so I only use it for the points and then pay it off each month. I won't charge anything I can't pay off. It's hard at first, but gets easier as it becomes a habit. Good luck!
I do something similar. I’m a proud shopaholic. I simply love to shop. I have major interest in it. Most of my life, I was terrible at saving and nothing really worked for me. I recently started to save in September and found that the only thing that worked for me was making my savings an “expense“. Pretending it was a bill to pay. Retirement came automatically out of my checks. And personal savings came out of my checks as well into a HYSA thats kind of annoying to withdraw from, so my Shopping Monster doesn’t bother to pull from it since pulling from it won’t give me immediate access but access to the funds days later which defeats the point of “Instant Gratification “ 🤣🤣😭
Just put it away and don't touch it. Pretend it's gone.
Set small and achievable goals for saving. Once saving becomes a habit, it’s easier to ramp up from there.
I’ve never been diagnosed, but I’m 99% sure I’m adhd with depressive characteristics. Find something to replace shopping that gives you joy and doesn’t cost money. Walking and body weight workouts are mine.
I overcame a severe gambling addiction in my early 20’s. As weird as it sounds, I think I was addicted to losing. I’d lose and it made me want to gamble more to win it back. It was a pretty vicious cycle. I’m guessing the shopping does the same for you. One more “thing” hooks you in and then you feel bad that you bought it. So you go buy more thinking it will help. And it probably never does. I leaned into walking and reading.
You can do it. Small, repeatable changes is what worked for me.
Sir I'm interested I'm a Turkish driver I have a driver please help me I'm in India I have worked hard for 3 years in Saudi Arabia and 5 years in India I need a job
Rice and beans, baby. Forget shopping, get rid of all debt. Go get plenty of sleep and exercise.
I used to struggle to save for decades. Now, I purposely multi split my direct deposit into various savings accounts and DO NOT CARRY the cards. These accounts become my emergency funds and savings.
I also believe in necessity vs wanting. There’s no harm in daydreaming but remind yourself there will always be something newer and shinier all the time. If I’m feeling low I simply remind myself of how much I am fortunate and blessed to what I have versus the millions of souls who suffer immensely each day
Almost impossible to save, with 4 kids, my landlord wanted to raise my rent 1,000.
The economy the way it is. Working 55+ hrs a week. I'd need to work 70+ to save anything. And have no time for my family.