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WAYS TO KEEP A BUDGET AND LIVE WITHIN YOUR MEANS

Added on: 22nd Jun 2016

 

STAY HEALTHY, EAT RIGHT, AND EXERCISE.

HEALTH PROBLEMS CAN BE THE BIGGEST

DRAIN ON YOUR FINANCES

Stay healthy, eat right, and exercise. Health problems can be the biggest drain on your finances.

 

 

INVEST FOR THE LONG TERM

Invest for the long term. Mutual funds and ETFs are your friends.

 

 

BUY WITH CASH. YOU CAN'T SPEND MONEY THAT

YOU DON'T HAVE. AND BE CAREFUL BECAUSE

WITH OVERDRAFT PROTECTION MANY BANKS

WILL LET YOU WITHDRAW MORE THAN YOU HAVE

Buy with cash. You can't spend money that you don't have. And be careful because with overdraft protection many banks will let you withdraw more than you have

 

 

TRY TO LIMIT THE NUMBER THE ADVERTISEMENTS

THAT YOU ARE EXPOSED TO. IT CAN UNKNOWINGLY

AFFECT YOUR BUYING HABITS

Try to limit the number the advertising that you are exposed to. It can unwittingly affect your buying habits.

 

 

DON'T SHOP AT THE MALL. FOR MOST PEOPLE

THERE IS JUST TOO MUCH TEMPTATION

Don't shop at the mall. For most people there is just too much tempation

 

 

PACK YOUR OWN LUNCH EVERY DAY. YOU CAN

POTENTIALLY SAVE THOUSANDS OF POUNDS

OVER THE LONG RUN

Pack your own lunch everyday. You can potentially save thousands of dollars over the long run.

 

 

ARE YOU SAVING FOR RETIREMENT? A TRIP?

CONTINUALLY REMIND YOURSELF OF YOUR FINANCIAL

GOALS TO GAIN MOTIVATION FOR FRUGAL LIVING

Are you saving for retirement? A trip? Continually remind yourself of your financial goals to gain motivation for frugal living.

 

 

DON'T COMPETE WITH OTHER PEOPLE. YOU DON'T

NEED THE SAME CAR/HOUSE/CLOTHES THAT THEY

HAVE (THIS IS MUCH EASIER TO DO IF YOU TAKE

OUR LAST BIT OF ADVICE ABOUT REMEMBERING

YOUR FINANCIAL GOALS)

Don't compete with other people. You don't need the same car/house/clothes that they have (this is much easier to do if you take our last bit of advice about remember your financial goals)

 


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