Saving money is all about spending less than you earn. Learning to spend less, however, involves being content with what you have. To save money, start making contentment exercises part of your budget routine.
Australian money photo by Shutterstock
As personal finance blog Money King points out, being content means being happy with what you have, rather than constantly craving more. The next time you plan your budget, take a second look at what you want to spend money on and ask yourself how much it stresses your finances. Does it really make your life better, or is it just another thrill that costs too much? Sometimes expenditures may be worth it, but the practice of considering what really matters is the habit that can kickstart your savings more than any special budget plan can:
We flirted with the notion of how nice it would be to have some extra rooms in our home, a bigger yard, and a car with third-row seating (such are the romantic conversations you have once you have kids, right?).
The truth is that those things would stress our budget, and truthfully, we do not even need those things. We're simply suffering from not being content with what we have, and falling into the trap of consumerism.
What you can be content with may be up to you, but it's important to learn to curb the never-ending tendency to expand. Buying more and bigger stuff, and increasing your expenses to fit your income won't always make you feel better, but it will always make your budget harder to keep.