The Smart About Money website will be retiring on July 31, 2021. Learn more about this decision.

Shop Smarter and Cut Spending

various forms by which to spend money

It can be very challenging to give up something in the moment for a bigger reward later. But, if you can do it, your future self will thank you.

Avoid common money mistakes to increase savings and stop mindless spending.

Cut spending when living paycheck to paycheck to spend less at home, on your car and on work expenses. Also review and correct your credit report.

Before making a purchase, shop smart for new electronics or major appliances. Examine budget and needs versus wants.

Mobile banking apps can help you save money and track spending. Understand risks to security and privacy when linking to personal financial data.

Using a decision map can be an effective way to prevent overspending. When you’re tempted to make a purchase you might not need, pull up the Should I Buy This decision map to think through the pros and cons.

Getting organized is difficult. You have to make decisions about what to keep and what to let go, which involves both practical and emotional considerations. Get a little help and guidance by downloading the Should I Get Rid of This decision tree.

Your Spending, Your Savings, Your Future: A Beginner’s Guide aims to help you get on track with your financial goals and make a better life for yourself and your family. Download the free PDF to get practical tips, hands-on worksheets and real-life stories from people who have been there themselves. (También disponible en español.)

Related Calculator