Whether you're an introvert or extrovert, you might find these ways to spend less money AND have a great social life helpful...
1. Figure out how much you spend. Extroverts tend to socialize more than introverts, which means they may spend more money on dinners out, parties, weddings, anniversaries, and celebrations of nothing at all! To save money, track your spending habits for one or two months.
2. Calculate how much you want to save. Do you need $25,000 for a down payment for a house, or $500 for a new iPhone? Break your expenses and income into a budget that will allow you to save a certain amount of money per month. Stick to your budget by talking to your friends about your goals on the phone, instead of spending money together! And, make sure you surround yourself with friends who support you.
3. Overestimate your expenses. Underestimate your monthly or weekly income, and overestimate how much it’ll cost to pay your bills or host that absolutely necessary party. You should have extra cash afterward. If so, don’t spend it; instead, invest it in your savings account, RRSP, or a money market fund.
4. Head for the Great Outdoors. This money-saving tip also helps you get stay fit and healthy! Instead of meeting your friends and socializing in restaurants, coffee shops, or bars, invite your friends out for a walk in the park. If you’re lucky enough to live near a seawall or forest trail, ask your friends to go rollerblading or hiking.
To read the rest, go to 7 Tips for Saving Money for Extroverts. And -- I'm curious what you think about extroverts and money! Feel free to comment below...Laurie Pawlik-Kienlen is a full-time writer and blogger who created and maintains a series of Quips and Tips blogs: Quips and Tips for Successful Writers, Quips and Tips for Achieving Your Goals, and Quips and Tips for Couples Coping With Infertility. She's also the Feature Writer for Psychology Suite101.
