My girlfriend and I have been saving money to go to Maui for over a year and my tendency to buy literally anything I want has had me struggling every step of the way
@FunnyBecauseFWord, you should auto transfer money from your check straight to your savings. I have the same problem, but that extra step of transferring my savings and then using the money is a surprisingly huge deterrent.
@jabopples, this helped me, too. Especially if you start with something small and maybe increase it at some frequency. For example, I started out putting away $20/paycheck (paid twice/month at the time) for a few months, then I bumped it up to 30, then 40, then 60, then 70 for the first check and left it at 60 for the second. It adds up and the small increase allows you to adjust accordingly. And best part is that if something catastrophic happens and you need money, it’s there so you’re not hurting yourself at all. Just eating at restaurants a little less or something of that sort.
@jabopples, i transfer it to my savings but end up transfering it back to buy more stupid stuff.
@Rogerhd2002, I do that too... But I started using investment apps like acorns as my savings, or to supplement my savings. Plus it motivates me to save more because then I get more money off of interest. it also stops me from pulling out money because I think it takes like 5 days and if the stock market is down that day then I lose money. It's worked out pretty well so far, I think I have about $8,000 saved in my investment apps and about 4,000 in my regular savings.
@FunnyBecauseFWord, Dude Maui is awesome. It's expensive, but worth it. I want to go back so bad.