Tips for Saving Money: Make a Wish List

Looking for tips for saving money? One of the best things about working from home is the freedom from travel, clothing and other work-related costs. This means you have all the money for you and your family. While this could be a great benefit, it still doesn't assure you of an abundant flow of money. Spending in moderation and only for the things that are important is always essential, and saving is still very vital.

Keeping a list of the bills that have to be paid is important in any household, it keeps the necessities in check and makes sure that none of the principal payables get overlooked. However, another list could also be a significant help to you and your family.

Creating a “Wish List” could be as vital as your “Bills List.” While items on the list may not be of major importance, Wish Lists give you a goal, a motivation and something to look forward to. It also helps you be a frugal shopper.


You may have probably visited the mall and came across an item which you really wanted to buy but didn’t have enough money to purchase it or realized you didn’t need to. Whenever that happens, doesn’t matter how big or small the price tag is, you can list the item on your “Wish List.” Such lists will help you:

1. Put things in a new perspective

Whenever you add a new, bigger and more important item on your list all other smaller things become somewhat less significant. This new outlook helps you appreciate more the things you have, while also saving you from spending money on irrelevant things.

2. Change your purchasing attitude

By placing items on your “Wish List” instead of buying it right away, you’ll realize that after a few days the urge to buy the items isn’t as strong anymore. At times, you may even forget about the item altogether. This will make you realize that most of the time, you tend to purchase items in a whim rather than as a need.

3. Be grateful

Whenever you get to purchase an item on the list, cross it out. Over time, you will see how much of the items on your list have already been purchased. This will help you realize how hard you’ve worked for each item and how blessed you are to have achieved such purchasing goals.

Your “Wish List” could contain anything—from home appliances, to work-related equipment, to that new rubber shoes or that cute little dress. It need not be a necessity, it can simply be a treat. Purchasing items for pleasure is healthy when done in moderation. This helps you to be motivated to work harder, as well as keeping you high spirited after stressful work.

+ Keeping &making a list will also help you define the difference between a “need” and a “want.”

On usual occasions, you will find yourself purchasing items and making yourself believe it is a “need,” when in fact it is a mere tangible desire. However, whenever you place an item on your “Wish List” instead of outright purchasing the item, you will realize that a lot of purchases have been done out of impulse and is all psychological. You will then be able to distinguish items of need and of want. And of course, you should prioritize the necessities.

+ Wish Lists can help you with gift ideas, not only for yourself but also for others.

A common problem during special occasions, like birthdays and Christmas, is finding the perfect gift for your loved one. When you and the rest of your family keep lists, it would be easier for any of you to purchase a gift for the other. Especially with the diverse items on the list, ranging from cheap thrills to luxurious pieces, there’s always that present you know they would like that would fit your own budget.

No matter what it is that you’re setting your eyes on, your “Wish List” is the place for it. In the long run, creating a list with the things you hope to buy will not only help you save up on money, on time and on stress but will also give you a brand new outlook on spending and saving.