Spaver More Spaving..
You might’ve read the title and thought you read that wrong. Nope. If you are a lurker or liker of my Social Media, you might’ve caught this term that I throw around a bit. Spaver. Here is the creative that started me proclaiming this term to be hella factual:
Let’s break that down like a Zaytoven beat -
Spaver: Mixture of Saver + Spender. Origin, The Culture. Circa 2019 / 2020, Level 4 Jumanji.
While that notion of being a Spaver is not new, but true. The balance of doing this is where some people can go off track! Due to spending + expenses, what makes you identify as a Spaver?! For me, I get excited seeing money stack up in my HYS accounts along with catching quality tings on sale. I give myself the freedom to stay within my budget by allocating both within them. Most people often focus their budget to only hold their smoney + bills without accounting to the rest of their livelihood + luxury.
The reason for this is due to not understanding the discipline in carrying this practice out effectively. Here are some points in learning how to be a Spaver - the right way!
Understand the breakdown of not only your income + budget, but also your vices that you spend on. Within the Bill, Build and Blow method (3B) - you gotta give yourself grace on that ‘blow’ aspect of curating your budget. Know your numbers! If it goes up and down, give yourself that median number to rely on.
If you aren’t doing the Zero budgeting method* with your Spaving, take the portion of what you don’t spend for the month and convert that over to F*uck It Fund! I have one for those high-price items that I don’t want to spend brands over on the spot.
Know your triggers. This is one of my favorite sayings, but it is true to understanding what is going to trigger you to spend more than save. Is it a new release? Is it your birthday? When you know what those triggers look like, you can plan for them in advance.
here is no specific ratio of what goes into being a “Spaver” it is all about what number gives you the best of both worlds. The scales may move, that the core of this money management is holding your actions + antics to a balance. If you find yourself going over one side more than the other for 3 consistent months, you might need to redetermine your membership card to the Spaver Family. We should get letterman jackets and cards, tho?! Just playing.
*Zero budgeting method is budgeting in which all expenses must be justified for each new period. Meaning every dollar + cent has a job. You have to account every cent down to Zero. Sorta the 3B method.