Keep On Track With Budgeting By Rewarding Yourself
Budgeting is a long-term commitment that requires a lot of effort and determination. If you’re trying to stick to your budget but find that you’re starting to lose motivation, don’t give up! One of the best ways to get back on track is to reward yourself every now and then. Unlike what most people think, you’re allowed to treat yourself while on a budget. Just make sure you stick to budget-friendly rewards and don’t end up overspending and going overboard.
In this article, we’ve compiled a list of ways to reward yourself, all while ensuring you stick to your budget plans. If you’re finding it difficult to stay motivated while budgeting or you’re looking for inexpensive ways to treat yourself, keep reading to find out more!
While you’re at it, here are some ways to keep that electricity bill singapore down.
Ways to Reward Yourself for $5 or less
1. Have a stay-at-home movie night
Nothing’s more comfortable and relaxing than putting on your pajamas, grabbing some popcorn, lying on the couch, and watching your favorite movie. Not only is having a stay-at-home movie night much more convenient, but it’s also cheaper than heading to the movie theatres.
While a movie ticket and some snacks may cost you anywhere between $10 to $20, you can throw your own movie night for less than $5 at home. Renting a movie and getting snacks and drinks from the grocery store won’t cost you more than $4.50, leaving $0.50 for tax. So, the next time you find yourself losing motivation to stay on budget, consider having a stay-at-home movie night!
2. Host a potluck game night
Things are always more fun when they’re done with friends. Invite your friends over for a game night the next time you’re trying to think of something to do to celebrate reaching a mini-milestone in your budgeting journey.
What’s more, if you choose to have a potluck, you’ll be able to save even more on food and drinks. Set a budget of $5 and get your friends to contribute some refreshments. They most likely won’t mind chipping in and bringing some soda or their famous chocolate brownies. Just remember to do your part and contribute your share of snacks!
3. Buy a fancy coffee
Have you been holding off on getting your favorite cup of double-shot vanilla mocha latte? If you’ve managed to restrain yourself from splurging on your daily cup of coffee to meet your budgeting goals, good for you!
Now, it’s time to reward yourself and head back to your favorite cafe for that cup of coffee you’ve been dreaming about. Every time you take a sip, think of how good it tastes now that it’s a reward for your diligence and discipline.
4. Go on a dollar store shopping spree
Have you ever passed your local dollar store thinking it was a place for cheapskates? Well, that couldn’t be further from the truth. At the dollar store, you can find great bargains unavailable elsewhere. After your first trip, you’ll most probably question yourself for spending $5 on your favorite pack of cookies when you can get it for a dollar at the dollar store.
5. Take a hike
Are the best things in life really free? Well, though some might object, there are plenty of things you can do to boost your mood that is free-of-charge. Hiking, for example, is one of them. You can easily search for the best hiking routes and places online. It shouldn’t take long for you to find a trail that’s close to you and suits your fitness level. Furthermore, you don’t have to worry about spending any money, unless you choose to buy some snacks to bring along. So, what are you waiting for? Go out and enjoy the fresh air and scenery. You’ll find that nature is a reward in itself.
6. Get outside
Carrying on from our previous tip, apart from hiking, there are many things you can do outside that won’t cost you a single cent. Head to the beach for a day in the sun or spend a relaxing evening at the park reading. Your options are endless, all it takes is a little thought.
Ways to reward yourself for $10
1. Buy yourself something nice (and cheap)
Many of us think that buying something nice means spending a lot of money on it, but that isn’t true. Think of a hobby you have or something you love. You’ll definitely be able to find something within your budget that adds to your interests. Some ideas include:
- Music Enthusiasts: Many record stores sell vintage vinyl records for less than $10. If you enjoy discovering new artists, what are you waiting for, it’s time to go record digging!
- Writers: Get your creative juices flowing by buying a new notebook or pen.
- Artists: Maybe your brushes need replacing or you need new paint for your next painting. Whatever it is, treat yourself and buy something worth $10 at the craft store.
2. Take up yoga or pilates
If going for a hike or spending time outdoors isn’t really your thing, consider taking up yoga or pilates to stay in shape! Get a $10 mat, search up some videos, and take a break from your hectic work schedule as you relax and rewind while stretching.
3. Make your favorite dessert
There are many cooking videos and recipes that are available online. Find one of your favorite desserts and learn how to whip it up yourself! To make things even more fun, invite your friends over to participate in a friendly cook-off. But, if cooking isn’t your forte you can always head down to your favorite dessert store or cafe to buy it.
Sticking to a budget definitely isn’t easy. You’ll need lots of determination and perseverance to keep to your plans and form good financial habits. But, this doesn’t mean you can’t enjoy yourself every once in a while. Set mini targets and goals throughout your budgeting journey. Every time you reach this goal, reward yourself to ease the stress of budgeting and keep yourself motivated. Just remember not to go over budget or treat yourself too frequently.