Budgeting isn’t particularly fun, but that doesn’t mean you have to give up on saving money.
I’ve tried budgeting many times, but I’ve never managed to keep it going for very long. I just end up realizing I’ve set unrealistic goals and making little difference.
Luckily, like with many goals in life, there are some good habits that can help. With well-focused habits, you can make a goal more or less inevitable, so they can be a much simpler solution.
So this week, we’re talking about several of these habits to help you save money without needing to divide your paychecks into cash-filled envelopes.
Things mentioned in this episode:
This week’s episode is sponsored by:
- Brilliant: Accelerate your learning in math, science, and computer science. Start learning for free at Brilliant.org/CollegeInfoGeek — and if you’re one of the first 200 people to use this link, you’ll also get 20% off your subscription.
Other things we mentioned in this episode:
- How to Budget Your Money Without Cutting Coffee (Ep. 174)
- A Crash Course on How to Start Investing (Even If You’re in Debt) (Ep. 168)
- When to Invest in New Gear (Ep. 276)
- 5 Questions: Keeping Track of Bills, Coasting, and Moving to a New City (Ep. 275)
- Thomas’ budget modeler
- Listen Money Matters
- Jamie Oliver’s Knife Skills videon on YouTube
- Kitchen Confidential, by Anthony Bourdain
- LivingBobby’s Living on $1 a day in New York City video on YouTube
- Nathaniel Drew’s I Ate For $1 a Day in Mexico City video on YouTube
Want more cool stuff? You can find all sorts of great tools at my Resources page.
- 0:04:00 – Introduction
- 0:07:14 – Eating and drinking simply
- 0:22:59 – Sponsor: Brilliant (Learning problem-solving skills)
- 0:25:14 – Paying attention to your subscriptions and memberships
- 0:32:18 – Measuring how much you’re spending
- 0:46:14 – Waiting 30 days before deciding to make a big purchase
- 0:52:20 – Don’t immediately invest too much into a new hobby
- 0:59:09 – Anecdotes and banter
- 1:07:00 – Conclusion
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