I have posted several time on this thread as money saving ideas I use have occurred to me.
However, what has underpinned my approach to money is two fold. Firstly, my DH and I have a joint account and very similar frugal ideas about life. We like the nice things life offers but we do not want to pay over the odds for them and are continually prudent.
The second thing is crucial. Ever since we have been together (1977) we have had a joint account book and every penny of income and outgoing goes through this book so we always know where we are financially. When we are paid ( pensions now) we put the sum in and then take out a global sum for standing orders and regular bills. We calculate what we will have to pay over the year, divide it by twelve and add it to the standing order sum s, when the bill hits us there is cash there to pay it. We also take out a sum for household bills, the car and a holiday.
The advantage is that we never think we have more money than we have and we have saved for a holiday rather than paid for it on credit. What is left is disposable income and that is ours to save or spend as we decide.
We also had a Chequebook mortgage which calculated our debt daily. When we were paid it took a lot off the mortgage and bonuses and pay rises also reduced the mortgage and, therefore, the interest. We wiped years off the mortgage with this method and £thousands off the interest.
We also had a rule of ‘save the pay rise’. If you can live on a sum of money then it makes sense to save anything extra you get to pay off debt or mortgage rather than splurge it on spurious treats. The feeling of being debt free or of having savings beats any ephemeral possession or treat or holiday. And, of course, if you put pennies away from your budget every month, after a year, you can have the holiday anyway.
They say that the way to lose weight is have a set of scales in your bathroom and use them every day. This book is the financial equivalent of that. You always know where you are.
You can do spreadsheets on line but I use a triple entry book keeping ledger from W.H Smith so it is all there in black and white (or red!).