Advertiser Disclosure
X

Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others.

By

Views

1.8K

Dig Deeper

24,392FansLike
23,963FollowersFollow
41,947FollowersFollow

Become a Money Crasher!
Join our community.

Avoid Spending Too Much Money On The Weekend

Views

1.8K

 

If you are like me. then you don’t spend much money during the week. You’re too busy MAKING money to have time spending any money. But the weekend is my financial weakness. I eat out more and I spend money on crap that I don’t need. I am s\ure that I am not the only one that is guilty of this, because it’s natural spend more money on the weekend when you aren’t working and you want to relax and have fun. However, if you have financial goals like getting out of debt, saving for retirement, or saving for large purchases like a house or a car, your weekend binge spending is probably hindering those goals. Here are a few ways to curb your weekend spending.

  1. Instead of going out to watch the game, have friends over. Ask everyone to bring something. It’s so easy to drop $50 to $100 just by going out to eat and drink for a football game. You’ll save much of that money by staying at home but having fun with some friends.
  2. Don’t go shopping without a purpose. We get in so much trouble if we go to Target without a list or to the mall just to “window shop”. We always end up buying stuff for the house that we don’t need or clothes that we didn’t budget for.
  3. Make good use of free recreation. Go to a park or look in the newspaper for free events going on around the city. Use the outdoors, it’s free!
  4. Take your credit cards out of your wallet. If you do go out during the weekend, don’t take your credit cards with you. It’s too tempting to spend money that you don’t have.
  5. Plan out your weekend. Planning can easily help you save money, because then you won’t fill in spots of boredom with spending money. We like to plan one meal for eating out. So if we say, we’re going out to eat Saturday night, then we know that’s our meal out, so we’ll need to eat in for the rest of the meals. It works pretty well.

Do you find yourself overspending on the weekends? What do you do to stop yourself from spending so much?

Erik Folgate
Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college.

Next Up on
Money Crashers

Where To Invest Gold Coins Chalk Notepad

7 Best Stock Screeners of 2020 (Free & Paid Apps or Software)

How do you choose which stocks to buy? While many investors choose to simply buy index funds as an easy way to “invest in the market,” others aim to beat the market by picking individual stocks. That’s where stock screeners come in handy.
Recession Proof Investments Downturn

11 Recession-Proof Stocks & Investments That Protect You From Downturns

Are you worried about a recession wreaking havoc on your portfolio? If the specter of an upcoming recession spooks you, then forget about high-volatility equities such as penny stocks. Even solid blue chip stocks often take a nosedive during recessions. Instead, start looking into recession-proof — or at least recession-resistant — investments that can reduce risk in your portfolio and emerge from the storm even stronger.

Latest on
Money Crashers

Sign Up For Our Newsletter

See why 218,388 people subscribe to our newsletter.

What Do You Want To Do
With Your Money?

Make
Money

Explore

Manage
Money

Explore

Save
Money

Explore

Borrow
Money

Explore

Protect
Money

Explore

Invest
Money

Explore