Since 2008, you’ve probably heard Walmart’s slogan: “Save money, live better.” Company founder Sam Walton adopted this slogan because he believed that Wal-Mart provides customers with high-quality products at lower prices, allowing them to live a better life. You can use the same principles to transform your own life. Here, we’ll discuss how having the same mantra can make a difference in your daily life.
1. Focus your thoughts and habits
Mantras are commonly used in yoga practices. They help us focus and reduce worrying thoughts. The word Mantra actually comes from Sanskrit, where “man” means “heart” and “tra” means “release.” Often these are simple sounds that need to be repeated or chanted for best effect.
2. Reduce your financial stress
If you stick to the mantra “save money, live better,” you may reduce financial stress. Often, the things we think will make us happy, such as impulse spending and consumerism, are short-lived and we are left with unnecessary financial burdens of stress. Living under the pressure of a paycheck can eat away at your relationships and even your health. According to Bank of America, more than half of Americans live paycheck to paycheck. You can break this cycle by saving more money to live a better life.
3. Live within your means
Have you ever tried under-consuming? There is a lot of freedom in not participating in consumerism and only having what you need. This requires a shift in perspective to accomplish, but can help you live better. Instead of focusing on material possessions, focus on gratitude and joy, which leads to simplicity and peace.
4. Substitute, not sacrifice
Just because you want to save more doesn’t mean you have to make sacrifices. You can save money by focusing on sales and coupons instead of walking into the grocery store and mindlessly filling your shopping cart. If you love reading, you don’t have to deprive yourself of the opportunity to read new books. Why not use the library’s online catalog to find your new favorite book? When we change our behavior a little, we can still enjoy life to the fullest but make smarter money decisions.
5. Create an Abundance Mindset
Imagine you have enough money for everything you need. You’ll never have to think about how to pay for car repairs or medical bills during an emergency. If a friend is having a destination wedding, you can attend without worrying about finances. By practicing saving more money to live a better life, you can shift your money mindset from scarcity to abundance. With this mantra, you will be grateful for everything you have and never feel like you have nothing.
6. Get creative through entertainment
Saving more can actually open you up to new experiences that you might not have tried otherwise. For example, you could take advantage of free concerts, art shows, or farmers markets in your area. In most cases, there are always cheaper entertainment options if you prefer. You can even find cheaper alternatives to holidays and day trips.
7. Use your passion
Working to save money and live a better life can help you pursue your passions. Maybe by trying to eat out less often, you’ll ignite a love for cooking. By limiting the purchase of new clothes, you may find that you enjoy sewing or upcycling existing items. Having a hobby can reduce your stress, improve your mental health, and improve your sense of well-being.
8. Prepare for the future
By adhering to the slogan “Save money, live better”, you will create a brighter financial future for yourself. Saving more can mean retiring earlier and living better in retirement. You may find that if you have enough money in your golden years, you can reach the numbers you need for retirement more easily and with less worry.
9. Improve more than just your financial situation
Not only will your financial health improve, but you may start applying the same practices to other areas of your life. Affirmations, visualizations, and mantras can help your career, improve your relationships, and even help you achieve better physical and mental health. Once you learn how to change your thoughts and perspectives, many aspects of your life will improve.
Apply the “Save Money, Live Better” Mantra
Taking control of your thoughts, opinions, and habits can have a significant impact on your financial health. Small shifts can make a big difference and help you save money and live better. Do you have a mantra? How do you save money?
Read more
- Happy New Year’s Wishes Won’t Pay the Bills: 7 Personal Finance Goals to Start in 2025
- The bills that keep popping up: How to budget for recurring expenses
