Finance with Jessica
Bobby and I are in major save mode as we start getting closer to the time when we have to start making offers on houses. I'm pretty good at budgeting, but not the best at saving. I wanted to try a different approach to help us be even more cautious about how much we spend on things like eating out, lipsticks, Target Dollar Bin, and shoes at Nordstrom Rack. So for anything we don't pay online I'm trying the cash allowance approach to cautious spending.
Strictly cash for:
my physical therapy appointments
pedicures (yes pedicures are worked into my savings plan and I realize how ridiculous that sounds)
It has been extremely helpful in making me more aware of how much I'm spending and deciding how necessary it is to make certain purchases. I also love that I don't have to record so many debit card purchases to keep up with balancing our accounts.
The other great thing that has come out of this is that it has made us better about weekly grocery store trips and planning ahead rather than ordering carry out when we have nothing to make at home. Thank God Bobby has taken on the primary chef role in the family because otherwise this whole better savings attempt would not be as successful.