$100 Budget 27/6
Lately, with recessions and so forth, this means getting out of your comfort zone on an almost continuous basis, which is tiresome, particularly for no-longer-young-folk who are happily stuck in their ways. But how secure is your future?
The $100 a week grocery budget has been a great tool for me to fight back against the recession and see some cash build up in my bank account where no cash lingered before. Although for me the budget was borne from lack of funds, that may not be the case for all of us. What I am trying to say is that the concept of paying more attention to how much money is going out in grocery bills applies to all of us, rich and poor. Money wasted on unnecessarily expensive packaged products is better off in your own pocket, no matter who you are.
Here are some reasons I’ve heard why various people resist cutting back on grocery spending:
We’ve got plenty of money, so we don’t need to.
I have a teenage son.
My husband will have a fit.
My wife won’t do it.
I work, so I don’t have time.
The facts are that we don’t like change and so we dig our heels in. Here’s a hint: recognise that you are likely to be resistant to changing your spending habits. Set a lower budget and be prepared to feel uncomfortable in the beginning. Accept the feeling of anxiety but resist the temptation to return to your old ways. Look forward to the day where you feel confident using your new knowledge and skills, you’ve integrated the lower budget into your lifestyle and are enjoying feelings of familiarity, mastery and accomplishment. It won’t happen overnight, but it will happen.
And this week, a camera crew came to visit from TV3. Watch out for me on Monday night on Campbell Live at 7pm.
Next week: Do you really know how much things cost?