Of course, when we are spending money, we aren’t saving it. But even while we are spending, we can look for ways to minimize expenses, thus saving a bit here and there. Making a concerted effort to spend less takes planning, resourcefulness and follow-through. It requires us to take a look at and adjust our list of “Needs” and “Wants”. Needs are what we truly need to live – housing, food, water, transportation, clothing. Wants are everything else. How often do we convince ourselves that our wants are needs?
Below is helpful information. The fact sheet on spending less with a job loss may have information you can use, even without a job loss.