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Budgeting tips for March madness
By Tammy May

Budgeting tips for March madnessMarch is a party month across Australia. In Adelaide, we have the Adelaide Fringe, Adelaide Festival, Clipsal 500 and WOMADelaide, not to mention a myriad of spin-off events and parties. Other events occurring across the country include the Sydney Mardigras Parade, Byron Bay Film Festival, Sydney Royal Easter Show, Melbourne Food and Wine Show, and the Formula 1 Grand Prix. The end of the month is topped off with Easter. (I've included a longer list of events at the end of this article.)

The party atmosphere can make it easy to get carried away and blow your budget. But the very purpose of having a budget is so you can afford to do fun stuff! It usually just takes a bit of planning.

Here are some ideas:

  • Choose one event that you’d love to go to and add it into your budget. (For MyBudget clients, please don’t hesitate to call us—nothing is too big or small for us to help you with.)
  • When catching up with friends this month, suggest grabbing a coffee instead of going out for lunch or dinner. Alternatively, do an online search of coupon sites, such as Scoopon and LivingSocial, to find restaurants offering discounts. I often buy a deal then split the bill with friends to save even more money.
  • Plan your transport in advance. Public transport could save you money and stress. If you must take a taxi, try to share one with a friend. A cab ride at the end of the night can blow out an otherwise affordable evening, so plan in advance how you’re going to get home. Set an alert on your phone if you need to make the last bus or train.
  • When you’re at the pub, try to avoid buying rounds with friends. Another way to stretch your beer budget is to make every second drink a glass of water. (Much easier on your pocket and your body will thank you in the morning.)
  • Leave your credit card at home. Cash is the best way to keep a running tally of your spending. Only put as much money in your wallet or purse as you’ve budgeted for. If you are going to carry a card, make it a debit card.
  • Lastly, don’t hesitate to contact MyBudget if you need help reworking your budget to include a concert or event ticket. It may be a small goal, but it’s still an important one!

 Selection of March 2013 Events

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