Saving Money

We've run a few different studies and found that the number one purchase people say they regret after bank fees is eating out It's a frequent purchase We make almost every day and is death by a thousand cuts a coffee here a burrito there It adds up and decreases our ability to save Back when I lived in New York City, I looked at my expenses and saw that I spent over $2 ,000 on ride -sharing apps. It was more than my New York City rent. I vowed to make a change And the next month I spent $2 ,000 again No change because the information alone didn't change my behavior. I didn't change my environment So now that I was $4 ,000 in the hole I did two things the first is that I unlinked my credit card from my car sharing apps instead I linked a debit card that only had $300 a month if I needed more I had to go through the whole process of adding a new card and we know that every click every barrier Changes our behavior. We aren't machines We don't carry around an abacus every day adding up what we're spending in comparison to what we wanted But what our brains are very good at is counting up the number of times we've done something So I gave myself a limit. I can only use ride -sharing apps three times a week It forced me to ration my travels I got a handle on my car sharing expenses to the benefit of my husband because of the environmental changes that I did So get a handle on whatever that purchase is for you and change your environment to make it harder to do so.