I used to spends tons of money all the time. I never thought twice about swipping my ATM card everywhere I went. I would withdraw $100 there $300 here plus use my card on all kinds of purchases. I vowed never to use a credit card except for emergencies but I was always coming up short every month. I was in the negative and I didn't even have that many bills. My savings account had about $200 in it. I began thinking, I've been working since I was 16 years old. I am now 27 years old and all I have to show for it is $200?!
So for my new years resolution, 2007 I decided to be completely debt free and cut out all the unnessary purchases I make. I began by going through my entire bank statement line by line and seeing where all my money was going. One of my biggest weaknesses was Target. I banned that store immediately and have not gone there, except when I got a gift card for my birthday.
It's been 6 months! I paid off my credit card and lowered all my monthly bills. I carry only cash and only use it as needed. When it's gone, it's gone. I've decluttered my apartment and sell as much stuff as I can. I no longer buy stuff just because. I've joined the grocery game and cut my food expenses. I no longer go shopping, I go to garage sales. When I'm bored I sell on ebay. So far I've saved $4500 this year and I am always looking for new ways to save more. I will keep you posted every month on how I'm saving.
I have fallen off the frugal track a few times this past couple of months and am looking for motivation and reinforcement in myself by writting this blog. I hope you enjoy it and share your tips and success with me!