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  • Sharon Climo

Do you find budgets boring?

5 ways to cut back on your personal spending without having to track every transaction.



In these challenging times of interest rate hikes and the rising cost of living, I wanted to reach out and share some ideas on how to cut back on personal spending.

Here are five ways to save without tracking every transaction:

  1. Review your subscriptions - Your fixed outgoings are the easiest way to cut back: big outgoings like your insurance, power, phone and entertainment subscriptions. If you can reduce or eliminate even a few of these, you’ll make an immediate difference to your spending.

  2. Embrace low-cost social activities - A night of drinking and dining out is fantastic fun, but it’s also costly, so try to make it an occasional treat. Instead, check out the free and cheap activities in your area and swap an expensive night out for a more cost effective option. Go for a walk or bike ride and take a picnic. Host a game night. Visit the farmers market. Visit a museum or art gallery.

  3. Have a zero spend day - Pick one day a week, or one day each fortnight, and try to spend nothing. Make your own food and coffee, stay away from the shops and don’t add anything to your cart.

  4. Plan your meals - Groceries have shot up in price over recent years. Planning your meals for the week and shopping accordingly means you can spend less and buy fewer takeaways.

  5. Pay yourself first, then live off what’s left - Pay a realistic amount into your investments, savings or debt reduction first. Then pay your commitments, like the utilities. Whatever is left over, live off that.

While you can save money without a budget, if you embrace one it can turbocharge your success. There are apps to make it easier and support your saving goals.


So whether you want help with saving, or a budget for your personal life or your business, we can definitely give you a hand.


Get in touch, we’d love to hear from you.

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