If you’re struggling with your finance and want to know how you can be more conservative but have fun at the same time, you’ve come to the right place.
Revealed on this page are several useful tips for how you can budget, save money, and yet, still get some enjoyment out of life.
How to save money and still have fun in the process
For most of us who live hand-to-mouth (i.e., just about have enough money to eat, drink and pay the bills, and not spend on activities, experiences, and other joys in life you often have to pay for), balancing finances and enjoying life can be difficult.
If you are serious about saving money but also adamant you want to have fun too, here are some important things to remember:
- Come up with a savings goal and then stick to it
- Asses your total income and roughly how much you spend you need to spend per month
- Create a reasonable budget and then stick within that budget by tracking your spending
- Think before spending, and don’t waste money on things you don’t necessarily need
- Stop bad spending habits and only spend on important things
- Look for bargains and use coupons where possible. There’s no shame in that
- Take up real-world experiences that don’t cost a penny
- Dust off the old board games at home and have fun playing them with friends and family
- Instead of spending money on expensive takeaways and restaurants, save that money in a jar for something much better, like a holiday
- If you still want to go to restaurants/theatres, look for the ‘early bird’ or ‘saver’ menus. There are many amazing deals online that can easily be found with a little bit of research and determination
- Take up some form of exercise, like jogging, walking, weight lifting, biking, yoga, or anything else that doesn’t require paid-membership
How can I budget at my favourite online casino?
When you play at fully licensed online casinos accepting Visa and various other trusted online payment methods, there are many ways you can budget to help you manage your bankroll.
For example, online casinos licensed by the UK Gambling Commission have numerous ‘safer gambling tools’ options for registered members.
Instead of uncontrollable spending of your money, you can now set things like deposit limits, win/loss limits, spending limits, and even session time limits.
Therefore, if you go in with a reasonable budget of $/€/£50.00 and set a $/€/£50.00 monthly deposit limit, you could only deposit a maximum of $/€/£50.00 over the next four weeks because of the limits you set.
If you lose that deposit within the first five minutes of playing, you can’t simply redeposit. You would have to wait until the first day of the next month before you could deposit again, and then you will still only be able to deposit $/€/£50.00.
Safer gambling tools are the best bankroll management tools online casino players currently have access to at today’s best online casinos. You can still have fun playing your favourite games, and the good thing is that you now don’t have to worry about spending more than you originally planned to spend.
You can learn more about today’s most trusted casino sites over on the official Ask Gamblers website.
Other things you can do to save money without taking the fun out of life
You may want to consider opening a savings account. Each time you have saved enough cash in your spare change jar at home, you could deposit it into your new savings account and gradually watch your balance grow.
You can also try to reduce travel costs, cut down on bad habits that are bad for your health, like drinking and smoking, and set weekly meal plans, especially if you have a family to look after.
Have you thought about trying to find a better-paid job? You never know; there could be something out there right now just waiting for you to apply to, that pays more money. Avoid taking out loans or credit cards, and NEVER even consider getting one of those dodgy payday loans.
You don’t always have to get first-hand/brand-new items. There are many second-hand/pre-owned items that are just as good and come at a fraction of the cost. Perhaps think about having a de-clutter, and try selling unused items from your house or garage.
You have to think of saving as a long-term goal and something that isn’t going to happen in a week or two. It could take a while, so be patient and stick to your principles and money-saving practices to achieve your goal.
