March’s Money Challenge: Kick Your Spending Weakness

March’s Money Challenge: Kick Your Spending Weakness

We’re helping readers save money all year long with the Lifehacker Ultimate Money Challenge. This month, we’re bringing back one of last year’s favourites: kick your spending weakness.

Photo: Terje Sollie

We all have problem spending areas, and while we don’t want to keep you from spending money on things you enjoy, we do want to help you spend more mindfully. This means cutting back on things you buy impulsively then later regret. Your spending weakness might be restaurants. Or it could be gadgets. Or it might just be random daily deals. If you’re not sure what your weakness is, take a moment to look at your budget and analyse your spending. Maybe your finances are already optimised, but if you’re like most people, you have a few areas you can work on.

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For this month’s challenge, we want you to tell us your problem spending area and how you’ll try to tackle it. We have a few ideas and tools to help you get started:

Ideally, you’ll kick the habit and make it a permanent thing. Of course, you want to actually save the money you save, too — there’s little point in cutting back on impulsive spending in one area just to blow it in another. You in? Sound off below!

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