Oklahoma Money Matters

Trying to maintain a budget, when the economy is ever-changing and the outlook seems to offer less wiggle room every month, can seem impossible. What’s best to remember is that budgeting is more about what you do with your money than the amount
of money you have. There are always areas in our spending that can be rearranged or cut down, it just may take a little creativity and a lot of patience. Let’s examine some additional ways to save a dime or two.

• Prioritize your spending. Only you can decide the non-negotiables in your life, but it’s a common practice to place food and shelter at the top of the list. Once these items are budgeted for, then explore household bills and activities that can be reduced or eliminated completely.
• Think “used instead of new.” Facebook Marketplace and Offer Up are great online resources for gently used, free or less expensive items like furniture, clothing and children’s belongings. Not only is it a great way to get the things you need, but it also keeps useful items out of landfills, so it’s good for your budget and the environment. Just play it safe when making pick-up arrangements. Always meet at a well-lit public place. Also, explore consignment stores, thrift stores, flea markets, and garage sales to find gently used, sometimes new items.
• Implement the “Noodle Budget” if things get really tight. This theory, taught by Tiffany Aliche, The Budgetnista, promotes the practice of living off of the bare minimum. Anything non-essential for living is completely stripped away. This is not a permanent budgeting practice, but can really help to develop discipline in spending and save more of your income.  
• Consider borrowing books and movies from your local library to bring a steady flow of new-to-you items into your home. If your local library offers movie nights, take advantage of some family-friendly fun.