Five Ways You Can Spend Smarter and Sleep Better
Let's face it: between monthly bills, daily expenditures and those unexpected costs that seem to pop-up no matter what, you can't get away from having to spend your hard-earned cash. If finances have you tossing and turning at night, coming up with a plan of action and developing key money management skills can help you better control your spending — meaning no more losing sleep over money!
Saving doesn't have to suck! Mattress Firm has five ways to put good spending habits into place so you can get the most out of your paycheck, and make smarter purchases.
1. Create a budget (and stick to it!).
Map out monthly spending based on what is important to you. Prioritizing your goals — whether that's a savings goal, a vacation/travel goal or a big purchase such as a car or a house, can help put you at ease in the long run. It's also harder to break your budget, once you have it written down and can hold yourself accountable.
2. Do research before you buy.
Mindless scrolling before bed and impulse purchases from your phone can add up. If you're in the market to purchase a costly item such as a new TV or an appliance, we recommend you compare prices, read reviews and make sure you're getting the best deal out there.
3. Don't lose sleep over money.
Sixty-five percent of Americans say they lose sleep to worrying about their finances, according to a recent survey. If you're waking up feeling unrested, consider an investment in a new mattress and pillows. With hundreds of options in multiple price ranges, a new bed may just be more affordable than you think. You can explore mattresses and sleep accessories at one of our Mattress Firm locations in your area.
4. Ditch the small expenses.
Not only will that daily afternoon latte habit really add up (a $3.50 cup of coffee daily means $1,260 per year!) but the caffeine jolt could prevent your body from getting adequate sleep later.
5. Declutter your finances.
Not only will a clutter-free bedroom help you relax and sleep better, it's also imperative for your financial organization. Clear away the bills and letters and choose to go paperless, or automate your bills to streamline payments. Making small changes every day can help clear away the junk and put your mind at ease.