How can I get myself to not have the urge to spend money?
Well I'm saving around $1000 for a car. A honda but I keep having the urge to spend what I have. I make about 300-380$ week and my mind is killing me all it knows is BUY BUY BUY and I don't even need anything really but my own car or a dirt bike. Any suggestions to help the urge
Quit making it
This is where you TRAIN yourself to not respond to gut urges. You tell yourself 'no'. And mean it.
Convince yourself to stop coveting.
Urges/feelings are just that. You don't have control over them.
But you do have 100% control over your actual behavior.
Every time you get the urge to spend money ask yourself if you'd rather have a car or the thing you're about to spend money on. Then act accordingly.
Every time you make money physically set some aside into a savings jar that you can't open until you get your car. How much you save should just depend on how much you CAN save. Start small and work your way up slowly.
There are various ways to go about this. Setting yourself limits, learning to say no, and so forth, are all important. Ultimately it depends on how disciplined you want to be. Setting goals also helps, if you're willing to work towards them.
One technique I'm a big fan of is "quarantining" your money in different accounts that aren't as easy to access. For instance, I have a few accounts I use for saving money. They don't connect directly to my credit or debit cards, so I can't use that money on a whim. I have to go in to my account online (through my phone, these days), and transfer it to my main account, and then I can use it. I direct a certain amount of my pay straight into those accounts every time I get paid. I do this automatically with my bank, so it just happens- a few hundred immediately goes out after I get paid and gets put into these other accounts.
The result of that is that if I want to spend that money, I have to make the conscious decision to go in and transfer it out. I also have a rule that when I'm saving (which is most of the time these days), the money in those accounts is supposed to be off-limits and I'm not supposed to take it out until I've hit my savings target. That generally helps me avoid excessive spending, because I get used to thinking of only the amount in my main account to spend.
So for instance, if I made 300 a week, I might automatically transfer 100 of it to a savings account, and that leaves me with 200. So my attitude then is that I have 200 dollars for the week. If there was a real emergency I could get the rest of it, but if not, I don't touch it.
Every time you are looking at things you want to buy, make a HABIT of asking yourself: Want OR Need?
And then be honest with the answer to yourself. Try to make sure that the majority of the money you spend is for NEEDs, not WANTS. It's OK to splurge and treat yourself now and then preferably on less expensive things.
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