Monday, 5 March 2018

How a do-not-buy list can save you hundreds of dollars a month

Do you spend too much on coffee? Electronics? Eating out? Adding your spending binges to a ‘do-not-buy’ list can keep money in your wallet, according to freelance writer Sarah Winfrey.

A do-not-buy list is a list of items you’re not going to buy for a certain period of time, according to Winfrey.

“The aim of it is to help you save money, to help you spend less, [and] it can be to help get out-of-control spending under control,” Winfrey tells NBC News BETTER.

Winfrey says she created a do-not-buy list in 2016.

“For a period of time I totally stopped buying clothes,” she says.

A fitness junkie, Winfrey says she had a tendency to splurge on gym wear.

“I’d look in my closet and there were just all of these shirts I never wear that I would just skip all of the time,” she says. “I’d wear maybe 8 or 9 of them in rotation and there were at least that many that I almost never wore, and I think that was eye opening for me.”


Source : nbcnews

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