Here are some more good tips that may allow you to squeak out another $50/month for savings.
Look for Recreation Instead of Entertainment - Movies, shows, concerts and theme parks are not only expensive but also only last for a few hours or one day. If you shift your thinking to recreational activities such as hiking, camping, skiing, beachcombing or low cost hobbies, you’ll find many of these activities offer a no (or low) cost alternative to high cost entertainment.
Skip the chai tea, pizza deliveries, lattes, specialty shops, and gourmet aisles - Ok, we’ve heard that speech before but we also know that life is meant to be lived and enjoyed. So as Ben Franklin advised, use moderation in all things even moderation. Though, don’t deny yourself too many treats or you’ll never stick to that budget.
How about giving two lattes a week for a savings of $10 and one pizza delivery for a savings of another $20? Start a rotation of items which break the budget and don’t give them up all at once but instead just buy some or a few on occasion as a treat instead of making each one a weekly ritual.
One of the most important things you can do to really get ahead is to Set Savings Goals and be Smart!
When it comes to setting your savings goals, be SMART --- Make goals that are specific, measurable, achievable, realistic and can be accomplished on a timed basis. It’s your money so have some fun with the process and above all, be creative!