What should i spend 800 on

Also, if you smoke, quit. Besides the enormous health benefits, quitting smoking can yield huge financial gains too. There are a number of ways to cut these household expenses down. For example, did you know that washing clothes or dishes after 7 pm during weekdays or anytime during the weekend can save you money? Also, turning the thermostat up or down depending on the season just a couple of degrees, especially when you're not at home, can save you money month-over-month.

Additionally, consider things like caulking your windows, weatherstripping your doors, and topping off the insulation in your attic to save on your energy bills. These small improvements can be a lifesaver for your monthly living expenses. Did you know we only use about 20 per cent of our wardrobe? So, why not cut your clothing budget to 20 per cent as well?

Don't think it's possible? Try it for just a couple of months by visiting top-notch thrift stores and looking online for gently-used clothing and footwear. Especially when it comes to clothing you'll only wear once, like holiday party dresses or wedding attire, don't fork out the cash and buy second-hand or even just rent instead.

If you're posting pictures on social media, you may not want to reuse an outfit. You'll save a bundle. Cut this cost by negotiating a lower monthly plan with your provider or switching to a cheaper one, and purchasing gently-used second-hand cellphones instead of buying brand new models the day they come out.

You can also cut down on your internet usage and avoid overage charges by using free wifi whenever possible. While using a Budget Planner is a great step in gaining control of your finances, it also helps to know how much you should be spending. If you're finding it difficult to make ends meet, or just want some free financial advice on how to make your budget work better, contact us today and we'll set you up with a free counselling session with one of our expert credit counsellors.

Leave a Comment. Easy money management is possible with our all-in-one budgeting template. Take the first step towards achieving your money goals by downloading this easy-to-use tool! Get Out of Debt. Call Us At: 1 This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

Here is a list of our partners and here's how we make money. All of your money isn't fair game for fun stuff — you have to take care of bills and debt first. Add savings to the mix, and you'll see the need to spend less than you earn. So before your next trip to the mall, determine a budget that allows for some of your wants as well as your needs.

Needs come before wants, and your specific spending figures will be based on your income. You have only so much money to work with if you stick to spending within your means.

Your starting amount is your take-home income , after tax and with payroll deductions added back in. That figure determines how much you can afford to spend on everything from rent to groceries.

Not enough? You can try to make more money — get a raise, switch to a job with a higher salary or take on additional work. To make your current pay stretch further, find ways to save money , like carpooling to work or using coupons. Skip Navigation. Jennifer Liu. VIDEO Here's how two travelers from France made a huge deal with Starbucks. Make It. Incredible Feats. Make It: Voices.

This quiz will tell you.