Indeed, the amount of variable or unexpected expenses will change every month – but after examining the expenditure items that you must prioritize, we can more or less get an idea: what kind of variable expenditure items consume the most remaining money, whether it is shopping for clothes and accessories or food delivery. So that you don’t get stressed, don’t be determined to delete all of these expenses, okay? Just limit it by allocating the maximum spending limit that can be used for expenses that are fun for ourselves and make us always enthusiastic about working. Aside from that, you may also click here if you want to read more finance tips.
Then, be diligent in comparing prices. Don’t be lazy to compare prices before buying. Sometimes, there are sellers of goods or services that can make us more profitable in the long run. So, research before buying.
Next, learn to maximize what is available, by avoiding too many snacks – instead of buying too much and wasting, before buying always think about these 3 things: is this item really necessary, will this item be used, and whether this item will be used every day until it runs out. If the answer is yes in all three questions, then the item needs to be purchased. If the answer is not in any of the questions, think carefully before buying. If the question is not in all questions, it is clear that the item does not need to be purchased.
After you finish paying all debts, don’t be tempted again to make new debts. Keep maintaining good habits in everyday life, such as making a budget, planning monthly finances, and being careful when making expenses.
Furthermore, saving and investing are two good solutions to prepare for a bright and bright future. No exception during a pandemic like this, because falling sick and requiring large medical expenses is one of the main causes of people who previously had a comfortable and prosperous life then can fall into debt.