How to Save Money When You’re Forgetful
Today we’ve got an awesome post from my friend Mrs. Picky Pincher from pickypinchers.com! Like all of us, she can be forgetful, and it costs us precious $ money $ every single day! Enjoy ~Staci
I can be a Forgetful Francine. Most days I’m on top of stuff, but others I’m a total space cadet. But as Mr. Picky Pincher and I started our frugal journey, we realized that it’s so important to be on top of your game to get out of debt.
But guess what? We’re human. We make mistakes. And sometimes these mistakes can be costly. You eat out for lunch because you forgot to pack one. You pay a late fee on your bills because you forgot what day they were due. You buy a latte at Starbucks because you forgot to brew a coffee. These little things can add up. It’s important to fight these forgetful ways to take charge of your life and money.
Money-Saving Ideas for the Forgetful
What’s a frugal, forgetful person to do? There are a lot of tactics you can implement to save money on little, everyday expenses.
1. Set an alarm.
I recently had to pay a whopping $10 library fine for forgetting when our books were due! If you forget deadlines or little daily tasks, set an alarm on your phone.
Let’s say you want to eat more home-cooked meals for lunch. You can set an alarm on your phone the night before to cook dinner and set aside food for lunch. Boom, no more lunchtime drive-throughs!
Alarms are a great way to make sure you complete little tasks throughout the day to save money and your sanity.
2. Automate everything
I am a huge fan of automation. It’s the forgetful person’s best friend! Everything happens automatically with little work on your part—it’s like magic.
If automatic bill pay is available for your bills (and it should be for most things), take advantage of it. Payments will be automatically taken from your account, so you can rest easy that all bills are paid on time.
There are other ways to automate outside of your bank account.
To save money on energy, consider getting a smart thermostat like Nest. You can tell it your daily schedule and it will automatically adjust the temperature to save money. We’ve had one for a few months and absolutely love it!
The same can be done for making your morning cup of coffee. You can even get a programmable coffee machine to make your joe automatically—no remembering required, and a fresh cup of coffee is always waiting for you.
3. Get apps
When you’re a forgetful person like me, it’s hard to remember to monitor your budget and spending. That’s why budgeting apps are a great idea.
There are sooooo many budgeting apps out there, but Mint is the one that I’ve liked the most. It can alert you when bills are due and alerts you of any unusual account activity. At the end of the month, you can see all of your expenses beautifully categorized in an easy-to-understand pie chart.
Not a fan of apps? Mr. Picky Pincher and I use a shared Excel sheet on Google Drive. Whatever works is what’s best for you. As long as you have a tool that keeps expenses on track.
4. Simplify your life
There have been times in my life when there was just too much stuff going on.
I’m a recovering perfectionist, and it was really hard to admit that I couldn’t do everything at once. I had to take a step back and choose the things that mattered the most to me.
Everyone’s situation is different, but getting rid of even one extraneous activity or detail to your day can make a huge difference. It’s easy to be forgetful when there’s just too much going on. But when your mind isn’t being pulled from different directions, you can focus on the tasks at hand with less distractions.
There are small changes you can implement to fight forgetfulness, whether that means signing up for a carpool for your kids, cooking dinner ahead of time, or turning off the TV.
5. Practice Mindfulness
If it’s not doable to streamline your life, you can still fight forgetfulness with mental toughness. Being mindful is all about going through life consciously.
I’m totally guilty of going through the motions just to get through the day. But this is when you’re more likely to forget things like paying bills on time or prepping for dinner.
Conscious living is being awake in a world that wants us to be asleep. It’s not an easy thing to do, but it can influence your happiness and finances.
I’ve started carving out 10 minutes each morning and evening for a guided meditation. I just search for new ones on YouTube, so it doesn’t cost a dime and there’s always something new. It’s a relaxing habit that centers me and lets me focus on the tasks at hand, one at a time. I’ve found that this is a great way to combat long term forgetfulness.
The Bottom Line
If you’re a forgetful person like me, it’s easy to get overwhelmed or upset when things don’t go your way—especially if they cost you money. Take control of your finances and fight forgetfulness with conscious living. It’s not the easy road, but it’s very doable and will save money in the long term.
Thanks so much Mrs. Picky Pincher! I’m going to work on Mindfulness today, that’s a tough one for me! ~Staci
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