When you’re not aware of how much you’re spending, it’s easy to go over-budget. Sometimes, even when you have a budget set in place, you may still have a hard time sticking to it. Especially when there are sample sales near you and you convince yourself you need certain items. The temptation is just too strong.
You may think the last thing you’d want to do to save money is to go out with a friend, but that’s where you’re wrong. It can be an easy way to save money because of the following reasons:
You Have Someone to Share Food with
When you go out to have fun, a good portion of your money goes to food and drinks. The drinks can easily be replaced by water, but you do need to eat. One thing you may have noticed in restaurants is the hefty servings, which may either result in you eating more and paying more, or not finishing everything but still paying the full price. Go with a friend and you can share a serving between you. Even better, with a big group, you can order fewer dishes and have a taste of each one without spending too much.
You Have a Saving Partner
Worried you’re not reaching your financial goals because of your spending habits? Worry no more. One of your friends probably has the same dilemma, and if you work on it as a pair, it will be easier and more fun to hold each other accountable.
You and your friend can also take advantage of deals available when you buy cosmetic products online. Those buy-one-get-one deals mean half-price products for each of you. This is different from just buying the two items and paying for the price of one, especially if you don’t end up using both of them yourself. With a friend, you only pay half the price for one item, and that’s all that you need.
You Can Stay Indoors and Have Fun
Knowing you have better chances at saving with a friend doesn’t mean you’re free to go and spend together. This defeats the purpose, and to stay on top of your goals, it’s important that you choose the right friend. You need someone who is just as committed as you, someone who will recommend ways to have fun indoors or for free instead of buying more items together. With a friend like this, you will not feel that budgeting is a challenge. You’re simply not spending because there are more fun and rewarding things to do. You won’t even notice how much you’re saving from doing this, and that’s good because you won’t be tempted to touch your savings!
There’s a lot you can do to save money, but some of them may make you feel like you’re not able to enjoy your savings. The trick is doing more meaningful things that will not make you think of spending or stressing over your finances, and it’s much easier to do this with a friend.