Does it feel like Groundhog Day when you get your monthly bills? Have you experienced repeated guilt that manifests itself in your stomach like a lead balloon?  If so, then it’s time to be nice to your stomach and your financial situation.

Here are 5 tips to help create new habits and eliminate the Groundhog Day repetition with your spending.  Once you’ve found a method that seems best for you, practice is the key. This means that you must repeat the new positive behavior over and over to establish a whole new meaning to your personal Groundhog Day.

1. Find Alternate Habits

Find another activity that replaces your need to spend.

  • Take up a low cost activity that improves your life at the same time.   Yoga, nature walks or training for a 5K could take you to the next level in your health and well being.
  • Focus your energy on educational activities to launch a new career or take your hobbies to a new level of satisfaction.  There are free online classes with organizations such as Coursera.
  • Find new low cost (or free) ways to nurture your existing relationships with your family and friends.
  • Develop new relationships with people that have similar financial values and goals.

2.  Affirmations

Say these affirmations 3 times a day PLUS whenever you get the urge to spend.

  • “I use my personal power to say No to spending.”
  • “I don’t need to purchase anything that isn’t absolutely essential.”
  • “I am confident in who I am and don’t need to impress anyone.”
  • “I have no need to ‘Keep Up with the Joneses.’
  • “This powerful habit of ‘saying no’ will significantly improve my financial security, my confidence and my personal power.

3. Reward System

Establish a system to reward yourself and celebrate when you have achieved your goals.  Here are some ideas.

  • Give yourself a small prize that will delight you.  Purchase a special song that melts your heart like “Road of Life” or music that’s full of joy and makes you want to sing-a-long like “All the Way to Heaven.”
  • Celebrate each achievement with a pal over a glass of wine, smoothie or a chai tea.
  • Start a friendly ‘say no’/’stick to the budget’ competition with a friend where the loser has to buy a ‘treat’ for the winner.
  • Celebrate by allowing yourself to enroll in that low-cost class you’ve always wanted to take, but blew all available money on clothes, restaurants or travel.

4.  Put Blinders On

If you don’t see available money, then assume it’s not there to spend.  Have  your employer deduct amounts from your paycheck and send it directly to savings or a 401k retirement plan.

Wink. Wink.  “What money?”  “I only make x amount.” “I never had that money to begin with.”  Wink.

The Dogz found that in their experience, blinders worked very well  😉 

5.  Focus on Future

If you are someone that justifies unnecessary spending while completely ignoring your future financial stability, it’ s time to reset, reboot, and completely shift your thinking.

Which one of these 2 scenarios is more appealing?

  1. You must ask your children and friends for financial help every month in order to survive because you no longer have the energy or confidence to work.
  2. You are completely self sufficient, healthy and fully engaged in life with soul satisfying hobbies, wonderful relationships, and traveling to places that you love.

Example of statements that keep us from achieving the 2nd scenario are the following…

  • “You only live once.”
  • “I deserve this.”

Luxury spending ‘in the now’ has jeapordized the financial security of many people in later years.  Focusing on the future while taking control of the present can lead to amazing possibilities for your financial life in your golden years.  Picture what you want for your future, then make it happen.


Use the above tips to get your own creativity going.  It’s actually possible to find joy in saving and investing for your financial future.  Celebrate when you reach milestones such as getting out of debt and maxing out your contributions to your retirement plan.  Share what you’ve achieved on social media or on YouTube.

Know that life can be fan-freakin-tastic without luxury spending. Volunteer for good causes. Increase your compassion for yourself and others. Laugh more.  Love more.  Use your brand new habits to improve your quality of life.  Practice. Practice. Practice.  Woof!

Groundhog Day movie clip:  Below is a hilarious video of the evolution of Bill’s character as Ned the insurance salesman pesters him to buy insurance 🙂

Note:  Groundhog in featured photo belongs to large family that lives by the The Dogz’ bank.