this post was submitted on 15 Oct 2023
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Frugal

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Discuss how to save money.

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RarePepeCollector@lemmy.world
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How do you stay consistent with a budget? My financial management is a rollercoaster. (lemm.ee)
submitted 11 months ago* (last edited 11 months ago) by ribboo@lemm.ee to c/frugal@lemmy.world
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How do you manage to stick it out long term with budgeting? I use YNAB in periods for my economy. And every such period, they usually last 3 months to 1,5 year or so, my economy is in amazing condition.

Then I forget about if for a while, sometimes I find it a bit cumbersome and lose track. Suddenly I stop using it, and at that point I start splurging on stuff I really shouldn’t.

So then I start budgeting again.. rinse and repeat. It’s a stupid cycle I’d like to get out of. Any tips and ideas, how do budget pros in here keep at it?

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[–] Wooster@startrek.website 2 points 11 months ago

Yeah, I think I remember reading that when paying cash the areas of the brain that register pain are activated in ways that paying with ‘convenient’ methods don’t.

Personally, I pay via credit card, and pay that off weekly—so I’m never caught off guard with how much I owe. Probably not the greatest thing in the world regarding a credit score, but it keeps me on top of my finances.