This is just really pre-allocating funds and sticking to it. It especially comes in handy for those guilty pleasures that send us over our budgets. For me, it is hot chocolate and a pumpkin scone from Starbucks or a book from Barnes N' Noble. So why not:
- When you have a little extra cash, buy a gift card for your "hot spot".
- Allocate a time allotment for your card, say one month.
- Give yourself permission to use your gift card in that time period, but when it's done...it's done!
This gives us permission to still do the things that are important to us, which will help us stick to it. If sticking to allocated funds is difficult for you, why not buy gift cards for all of your sub-categories (groceries, TARGET, etc). Good luck and let me know how it goes!