Planning Big Purchases

In partnership with

Hey Simplifiers,

We’ve all been there—facing a big purchase that feels both exciting and overwhelming. Whether it’s upgrading your home, investing in your education, or handling an unexpected expense, making it happen without wrecking your budget takes strategy and a little creativity.

Let’s break down how to plan for big purchases without derailing your financial goals.

1. Prioritize What’s Worth Saving For 💡
Not all big purchases are created equal. Ask yourself:

• Does this add long-term value to my life?

• Will it improve my financial situation (like an investment)?

• Is it truly necessary, or can it wait?

Things like education, health, and home improvements often top the list, while impulse buys? Not so much.

2. The Monthly Money Hunt 🔍
Finding extra cash to save each month doesn't have to feel like a struggle. Start with:

• Rethinking subscriptions: Cut what you no longer use.

• Cashback apps: Earn rewards on purchases you’re already making.

• Meal planning: Skip takeout and pocket the savings.

3. Get Creative with Earning More 💼
If you need to boost your savings faster, try:

• Selling things you no longer need (yes, even that old treadmill).

• Offering your skills through freelancing.

• Using cashback credit cards responsibly for planned purchases.

4. Smart Ways to Plan Your Purchase 📝
Big purchases shouldn't feel like a financial emergency. Break them down into smaller, manageable goals:

• Set a dedicated savings timeline and track your progress.

• Use sinking funds to save without touching your emergency fund.

• Automate savings to make it effortless.

💸 Ready to take control of your spending?
Our Financial Freedom Guide has step-by-step strategies to help you budget smarter, save faster, and spend wisely while keeping your bigger goals in check.

👉 Grab your guide here

Remember, financial freedom isn’t about avoiding big purchases—it’s about preparing for them wisely.

What’s one big purchase you’re saving for this year? Reply and let me know!

With you every step,
C
Founder of The Simple Adult 🩶

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