How you can carry over good habits you picked up during the pandemic.

Image by Gerd Altmann from Pixabay

We’ve now been in the pandemic mode for two months.  Things are slowly starting to open back up depending on where you are. Regardless of whether you can go back into the office or are still at home, now’s a good time to start thinking about good habits you’ve started during the pandemic – and how you can carry them over in the future. Here are some ideas:

  1. Continue making good use of what you have.
  2. Learn to know the difference between what you need and what you want.
  3. Be flexible in how your approach things.

1. Make good use of what you have

We’ve all been staying home a lot more and only going out for what we need during the last few months. This has drastically cut down on impulse shopping. In an attempt to get in and out of the grocery store as quickly as possible, we’ve all been doing more planning to make sure we don’t forget anything we need.

We’ve also been better about making good use of what we have – whether it’s making meals stretch or getting stuff out of the freezer we’d forgotten about and using it up.

2. Learning how to know the difference between what you need and what you want

Another thing we’ve learned is how to figure out what we NEED vs what we WANT.  If you forgot to buy something at the grocery store, you have to think long and hard about whether it’s worth the risk of going back out again to get it.  This helps you get into the practice of learning what you really need vs whether it’s only something you want – but you don’t really need it.

3. Be flexible in how you approach things

Some of us are working from home for the first time.  We’re also learning how to teach our kids and keep in touch with loved ones via Facetime or video messaging. We’ve had to become flexible in how we approach things and learn to just roll with things.  That’s also a lesson you can apply to how you handle money. Sometimes things will go exactly how you planned with money – and sometimes you’ll have to roll with it.

The Takeaway

When the world shuts down overnight, you have to learn how to take things day by day. Now that we’re a few months into the pandemic, we’ve gotten the hang of things. We’re starting to get into routines and learning some new good habits – that we can continue to use in the future.

What’s a good habit – relating to money or something else – that you’ve developed in the past few months?

 

 

 

Where people are spending more during the pandemic

In my last post, I talked about areas we’ve been saving money during this pandemic. And it’s been a silver lining to a stressful and uncertain time.

That being said, there are definitely areas where most of us are spending more money as well. Here are the main areas that I think people have been spending more money:

  1. Snacks
  2. Streaming services
  3. Video games
  4. Impulse comfort shopping

1. Snacks

I have definitely been spending more money on snacks in the past month than I did before! And asking around, I’m definitely not the only one.  Snacks are one of the few pleasures we can have safely and easily these days – and they’re something to look forward to after a long day.  So I’ve definitely been spending more on snacks – and also treating myself by buying better quality snacks as well!

2. Streaming services

We have two streaming services in our house – Netflix and Disney+.  That’s enough entertainment for the three of us, but I guarantee if we didn’t have any streaming services when the shut down started, we would have definitely ordered a few! On the day my son’s camp shut down with no notice, I was so happy that “Frozen 2” had just dropped on Disney+ so we’d have a nice treat to enjoy together. We’ve certainly gotten our money’s worth out of both our streaming services.

3. Video games

I held off buying a Nintendo Switch this year and I wish I hadn’t. Gaming systems were flying off the shelves as soon the shut down started – and I still can’t find a Nintendo Switch unless I’m willing to pay a ridiculous amount of money for it  I’ve treated myself instead to a few Xbox 360 games as well as one on Steam. It’s a nice escape into a fantasy world where you don’t have to worry about germs, masks, or hand sanitizer!

4. Impulse shopping

Amazon has been recording record profits. Now a lot of this is from people not wanting to leave their homes – and therefore buying more essentials via Amazon. But I’m sure a lot of people have been throwing things into their carts as well that they don’t really need.  I normally never buy books, but since the library has closed, I’ve bought a few online.

The Takeaway

Depending on where you are and what your needs are you may have found yourself saving more money or perhaps spending more. I think overall we’ve saved more than we spent – at least I hope so!  What have been your pandemic “treats” to yourself?