I was listening to the radio and an investment specialist was talking about savings. I know it sounds very surprising.
Actually, this one made some interesting points. If you have already established your cash reserves (3 to 6 months of cash needs in case of an emergency) and through your employer, you are saving for retirement. She suggested that you set up a saving plan for something special.
She harkened back to the Christmas Club accounts of yesteryear to save for Christmas gifts. Though here the focus could be your dream vacation. Basically, something that you desire more than that impulse purchase you may or may not make several times a day.
The comment was made to have your employer withhold the monies and put them into a special bank account for enhanced savings.
Is there someplace you always wanted to go to? Is so this may actually work, yes, you may need to give up those special coffees or lunches out, but to get where you want to go it may be worth it.