There are necessary reasons to spend more than $20: filling the gas tank, paying the monthly bills, filling prescriptions, visiting the doctor. However, there are small purchases that should stay under this number. The total bill might be more than $20 (who's going to spend less than that on groceries?) but the individual items should stay below this number.
If a night out is essential (a birthday treat, the boss is in town, a date) the number still works if it applies to individual items. Choose a restaurant that offers total meals less than $20. If the steak platter costs $22.50, then choose the pork chops instead. Don't forget to factor in the tip and the drinks. Maybe splurging on the lobster ravioli is forgivable if you order water rather than wine with your meal.
Knowing that as a family you can't spend more than $20, you'll find yourself eating at home more often. Those drive-thru restaurants have trouble feeding a family of four for less than that. The movies and other expensive trips are out of the diet plan, too. Instead, you'll quickly find yourself eating and playing at home, somewhere that offers so much more than a cheaper tab.
About The Author: Kelly Ann Butterbaugh is a freelance writer who regularly contributes to a variety of magazines and has written a history book for middle readers. Visit her website for writing help, lesson plans, history fun, or work for hire at http://www.kellybutterbaugh.com
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This sounds good! What I do is when I go into a store I look to see where the object is made. If it is somewhere besides U.S. I look at it and think and ask myself : Do I really, really need this? You would be surprised how much I save now. I am not only saving, but I am helping our country. Buy America made only!
My husband and I have started paying out "allowance" directly into our personal accounts. We have a joint checking and savings for house expenses and another one that pays for the mortgage and the other static bills. We started at $100 every two weeks but I have readjusted that to $40 recently. So I guess we are on the $20 money diet too.
<p>This money is ours to use however we want. I mainly buy coffees or lunches out with mine, sometimes I'll buy an item I especially want. My husband often uses his for shows in Portland and presents for me :)
Great idea. My wallet is going on a diet too. Will have to start on October 1 because of no money. I should have been on the diet this month. Thanks for the suggestions.
I have a set monthly budget for non-essential items, lunches out with friends, etc. There have been months when I was slightly under the limit, which left a few dollars over for the next month, or slightly over, which I make up the next month. I record these expenditures the same day I make them and keep a running total. It's been a huge help in terms of curbing this kind of spending, because previously I wasn't nearly as aware of what I was spending.
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