Money has a nasty habit of inexplicably
disappearing. Where the process of earning
and obtaining it can be incredibly difficult, its
evaporation from your wallet can be almost
effortless.

In an ideal world, you would have such a
strong distaste for spending money that you
only did so in situations that spending was
absolutely necessary. But for those of us who
aren’t “stingy” or just naturally bent towards
being tight with our money, it can be almost
impossible to keep ourselves from the lure of
spending it on a variety of things. (See also:

How to Do a One Month Spending Freeze)
But what if there were ways to train ourselves
to just hate spending money?
We would stop buying things we didn’t need
and avoid nickel and diming ourselves all the
time. We would have less clutter in our
houses and more money in our bank
accounts. It might even lower our stress
levels a bit. While we might always be
“spenders” at heart, there are some things we
can do to keep fresh in our mind the damage
of over-spending and an unbridled checkbook.

1. Take Some Personal Finance Courses
There are actually a lot of free personal
finance courses available online. They’ll help
you get familiar with the pitfalls and long-
term repercussions of spending money that
might elude you in the short term. They’ll
also make you aware of things like retirement
savings plans, investments, and other things
that need to be factored into your immediate
budget.

2. Convert Your Spend to Your Hourly Wage
Even if you’re not the frugal type, consider
how long it takes you to earn the cost of that
trinket. You’ll be far more judicious about
what you’re spending money on and whether
or not it’s really necessary. When it takes
several hours (or days?) to pay for something,
that thing suddenly doesn’t seem so
important. (See also: How a Taco Equals a T-
Shirt)

3. Run the Numbers on a Retirement
Calculator
Calculating how much you’ll need for
retirement can be a sobering reminder of the
importance of saving money. It can also make
you avoid spending on unnecessary things and
cut back so that you can contribute more to
your long-term savings goals.

4. Write Down What You Spend
If you have a budget in front of you and
you’re looking at all the things that you need
to pay for simply to live, it can make you hate
the idea of spending your money other
places. That is, at least until you’re sure you
have discretionary income left over. (See
also: Do This One Thing Every Day to Defeat
Out of Control Spending)

5. Carry Cash
The act of having to hand cash over to pay for
something is psychologically more unpleasant
than simply swiping a credit or debit card. Set
aside cash to pay for the day-to-day things,
and you’ll find yourself wanting to avoid
spending situations in general.

6. Save for Something You Actually Want or
Need
Too often we spend money in an impromptu
manner or on things that we don’t really need
or want. Plan to save for something that you
really do want, and that will act as a motivator
to avoid spending on other things. Perhaps a
new computer, a vacation, or even something
big like a car can be excellent savings
motivators.

7. Find Your Spending Weakness and Calculate
Its Cost
If you notice a trend in your spending —
perhaps you spend a lot dining out — run the
numbers and figure out how much money
you actually spend at restaurants that could
be saved by eating at home. For example,
one meal out per day at $15 a meal for five
days a week is $300 a month. Seeing that
number in three-figures can be a good
motivator to pack a lunch or eat at home.

8. Plan for Unforeseen Expenses
Things like medical bills, car expenses, or
even taxes can often be unexpected and
unbudgeted for. Consider that these are
usually three or four-figure purchases, which
will require that you have money set aside to
cover them when they do show up.

9. Plan to Pay Yourself
The idea of paying yourself is simply the
practice of planning to have enough money
from your paycheck (money that’s not already
spent or spoken for) to keep for yourself and
to save. You don’t spend it on anything, but
instead you just keep it for a rainy day.
Consider that if you don’t do this, every time
you get a paycheck, all your money is gone or
in the process of being transferred to
someone else. If you realize that you are the
only one who doesn’t get paid when you get
your paycheck, it can make spending money
fairly cringe-worthy.

10. Value Your Money
People who understand how valuable money
is and how difficult it is to obtain it will often
have an easier time avoiding over-spending
than those who don’t. Money itself should be
valued above the short-term, and if we learn
to view it as a commodity and an asset, we’re
less likely to waste it on a regular basis and
more likely to hate spending it.
Hate is a strong word, and it might seem
unreasonable to expect to hate spending
money. Because spending can be a good thing
right? But if we lean towards the side that
hates spending as opposed to the side that
loves it, we’re likely to be in a more sound
and consistent financial situation with better
cash flow. And we’d all love that.

You save all the money and when something bad happens, someone else would wastefully spend it. I will say, do what you have to do when you want to do it, with your money.

braine:
You save all the money and when something bad happens, someone else would wastefully spend it. I will say, do what you have to do when you want to do it, with your money.

Africans have never really understood the neccessity for building and passing down wealth and knowledge and thats why our race will never grow. All other races have accumulated wealth and raised their children to multiply their wealth as well as their knowledge. All we have are corrupt official stealing and looting while the populace complain, blame and then go ahead to deceive themselves.

Pathetic, I must say