What is the 30 day savings rule?

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What is the 30 day savings rule?

Rounding it up

  • The 30 day savings rule is simple: the next time you find yourself considering an impulse buy, stop yourself and think about it for 30 days.

  • If you still want to make that purchase after those 30 days, go for it.

  • This rule works because by forcing yourself to wait on all your non-essentials, you remove the emotions from your spendings.

  • Integrate the 30 day savings into your finances by identifying your needs versus wants, setting up a savings account, and creating an entertainment fund.

5 min read

Gaby Pilson
#budgeting#saving#rule#30 days rule

Gaby Pilson

Gaby Pilson is a writer, educator, travel guide, and lover of all things personal finance. She’s passionate about helping people feel empowered to take control of their financial lives by making investing, budgeting, and money-saving resources accessible to everyone.

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