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Month: September 2020

11 Personal Finance Tips to Stop Overspending

11 Personal Finance Tips to Stop Overspending

Committed to sticking to your budget? Make sure you reach your budget goals each month by lowering your risk of overspending.

The urge to overspend or buy on impulse may be preventing you from saving money and keeping your finances in check.

If you want to stop overspending and reach your financial goals, you’ll need to say goodbye to spending sprees, unnecessary purchases and “retail therapy”. Knowing what your spending “triggers” are is the first step towards financial recovery.

Get your finances under control this year and look forward to a better financial future. Use these eleven personal finance tips to stop overspending:

1. Don’t let spending be your escape. If you enjoy shopping as a diversion or use retail therapy to manage your life on a regular basis, now is the time to put these activities on hold. Stop overspending by making a commitment to only spend on things you need – and not go on shopping sprees as an extracurricular activity.

2. Appreciate what you have. If you’ve gotten into the habit of overspending and have been shopping regularly, you’re probably stocked up on some great finds and goods. Take some time to “take inventory” of what you have and appreciate everything you’ve bought. Remind yourself that more things don’t necessarily mean more satisfaction.

3. Find satisfaction in other areas of your life. Overspending can give you a temporary fix when you’re stressed or are dissatisfied with a certain area of your life. Ask yourself why you’re dissatisfied and find healthier ways to fill that void.

4. Always shop with a list. It’s harder to buy extra items and overspend when you commit to purchasing only what you have on a shopping list. Whether you’re shopping for groceries or clothing items, make a list and stick with it!

5. Track each and every purchase you make. Become more aware of your spending habits and make a list of everything you buy day in, day out. Simply writing these purchases down can stop you from overspending.

6. Set your own spending limits. Set limits on how much you’re going to spend on something, even if it will be a “splurge”. Setting limits puts you back in control and will help you avoid overspending.

7. Talk to someone about your financial habits. Being more open about your spending or shopping habits can make it less likely that you’ll cheat on your budget. Share your goals with someone you trust and have them hold you accountable.

8. Learn how to find great deals. After you’ve set a budget and limit on your spending, start shopping around for the best deal and comparing prices. You’ll be surprised how much you can save on major purchases just by shopping around, and this strategy can stop you from overspending all year long.

9. Don’t count on your credit cards. Credit cards can give you a false sense of buying power and can even perpetuate your spending habits. Leave your credit cards at home and don’t even think about them as a spending resource.

10. Avoid doorbuster deals. Doorbuster deals and deep discounts on only certain items help to lure shoppers and spenders into the store so that they end up spending more than they would otherwise. Avoid these special sales altogether and focus on purchasing specific items you want on your list, and comparing prices until you find the best deal.

11. Be patient with yourself. You won’t be able to nix the overspending habit overnight, especially if you’re guilty of overspending on a regular basis. Give yourself time to try different spending and budgeting strategies, and be prepared to slip up now and then. Keep recommitting to your healthy spending goals until they become a habit, and you’ll soon say goodbye to overspending.…

Shells Seafood Restaurant, St. Petersburg Beach, Florida

Shells Seafood Restaurant, St. Petersburg Beach, Florida

Len and I have eaten at Shells Seafood Restaurant dozens of times over the years. The one we normally choose is located in the Travelodge on St. Petersburg Beach, Florida.

We have always had great food and good service but remember the time we had a small table right next to the stairs leading up to the server’s station. The servers rushing around continually bumped Len’s chair and it really did spoil our romantic evening. A few months later one of the Managers read a review I had written about our experience and gave us an evening to remember.

So as we were staying in the Travelodge this past couple of nights we decided to treat Len’s sister and her husband to a meal there. We had walked about 8 miles that day and were hungry so entered the restaurant around 5.15 p.m.

Shells Seafood RestaurantWe were seated immediately at a booth. The restaurant, on a Monday night, was very quiet.

Mark was our server and came over with menus and the early bird specials too. This is the first time I had seen them. They are available from 4.00 p.m. to 6.00 p.m. Monday through Friday.

I chose the specialty, Shrimp Pasta, which is wonderful. It is cooked in white wine with garlic and olive oil. Len sister ordered the same and we both chose the lobster bisque. Len asked for the Shrimp Paste with Cajun spices and he had the clam chowder. Sue’s husband decided on the Fried Shrimp with French fries, coleslaw and the lobster bisque. With the special coffee, tea, or soda was included.

Mark asked us if we would like the appetizer of a shrimp, crab, jack cheese dip with cheese. It looked great on the menu so we had that too.

Our drinks came out almost immediately, 2 sodas a regular and decaffeinated coffee.

Our server brought out the appetizer, soups, and a basket of bread within minutes. The dip was excellent and we all enjoyed it. I have had the clam chowder before and know how good it is. They excelled with the lobster bisque.

While we were eating Mark came back with 2 more glasses of soda for the guys and mugs of coffee for us ladies. I hadn’t even finished my first one.

I was just about finishing my soup when our entrees arrived. The 3 Shrimp Pasta were in fairly small bowls and had 5 or 6 shrimp on the top of them. The fried shrimp platter was huge. There were 12 large shrimp, and the rest of the plate was covered with fries and a dish of coleslaw. Len looked at the size of his meal and then checked for shrimp. I knew that he should have ordered off the regular menu.

Apart from Len we were delighted with the meals we had chosen. Len picked out the shrimp and that was it. Sue and I only ate our shrimp and a little pasta, as we were already full. Her husband managed his shrimp. While we were eating these Mark came back with another basket of hot rolls fresh out of the oven and also 2 more mugs of coffee.

Mark came back to check on us and looked at Len’s plate. He asked how our entrees had been and Len said that he was disappointed with his. I explained to the server that Len had ordered the wrong meal.

Can you believe that he took it off our check? I told him that I wanted to pay for it. The early bird specials only ran $8.99 and $9.99, which was excellent value. He insisted that if Len wasn’t 100% happy with the meal then he would not pay for it.

We were so impressed with the service that we left him a 30% tip, and I told him that we would be coming back in 2 weeks time, when we have our yearly timeshare at Treasure Island beach just up the road.

Shells also has chicken, steak, and cheeseburgers on the menu as well as all the wonderful seafood items. This is a bright colorful restaurant that is clean and caters for friends, families, and parties too. I highly recommend it.…