I’m not going to hunt you down to make sure you’re keeping track of all of your expenses in your LBD (Little Budget Diary), conquering your debt once and for all, or saving for retirement the smart way. That’s on you. But one sure fire way to stay on track is to develop a community of other women (or men, of course) who’ve admitted that they, too, have a financial problem. Commiserate with them, lean on them, and ask them for help, too.
In fact, help each other. Create a support system. Agree to go on a spending freeze together. And, of course, make it fun! Here’s how:
- Instead of having a girls’ night out at that new bar on Friday night for $12 cocktails, have an even better girls’ night in. $8 wine from Trader Joe’s, some snacks, and some good company go a long way!
- Flirting with a new designer bag? It’s in your hand, you know it’s wrong, but you’re walking up to the salesperson to ring it up—now phone a friend and have her talk you off the ledge. Take a picture of the bag and text it to your group to show them what you had the willpower to pass up. Pro-Tip: Still thinking about that bag a few weeks or months later? If you really must have it, save with a friend! She likely has something on her wish list, too, and it’s easier to commit to saving long-term if you go in on it together.
- Create friendly competition around who is doing best at cutting expenses: think “The Biggest Debt Loser.” Share how you were able to talk your cell phone provider into giving you a reduced rate, or how you played your credit card companies against each other to cut your interest rate in half.
- Have a clothing swap where you shop in each other’s closets; one woman’s trash is another woman’s come-up. And let’s be honest: most of us have way more dresses and tops than we need anyway, amiright??
No Rich Bitch is an island. As money issues become more intense, a like-minded community will keep you sane and moving in the right direction.