Last Updated on March 14, 2019
The clothes you keep buying every time you go to the mall are going to be torn apart one day, but the memories you make are going to be chronicled and carved in the memory for longer times.
You need to understand that it is useful to put your life on pause mode and kick off a journey of experience on your own like Reese Witherspoon did in ‘Wild’.
Instead of buying an expensive dress to attend a Christmas dinner with your co-workers, buy a dress on a sale and save the rest for a back bag trip to the remotest point on earth.
This way you will get rid of routine and taste life with a different spoon. Experience is at the end of the day what makes you stand out of the crowd. So work on accumulating experiences instead of stocking Prada shoes in your closet. Go skydiving or book a ticket to pay a visit to the Tundra in Siberia.
Pay your bills first
After all the hard working and the hurdles you encountered to perform your job perfectly, you would think: well, I do need to reward myself, right? This is the proper way to encourage and motivate yourself to do better each time.
Buying a Prada cahier studded saffiano & leather shoulder bag or Prada high heel boots will make you feel extremely happy and pleasant. Rewarding yourself will draw all the stress and pressure away, but remember the wise spending rule! Remember you have bills and, maybe debts, to pay off.
So you need to manage your budget accordingly. Make sure you pay your fixed expenses on the very first day to get rid of the burden. Use automated systems like rich people do. It is the way to have a clear idea about how to manage the rest of your money.
Annual sales’ shopping list
Instead of buying an expensive Louis Vuitton purses during shopping peak seasons when everything will cost you a fortune, have a little of patience to get what you want without losing too much. This applies by the way to everything in life.
You can wait instead for Louis Vuitton annual sales to find what you were exactly looking for with the best prices ever. But bear in mind that sales are tricky for you might spend a lot on them, so be careful!
Sometimes, these sales can tempt you to buy stuff you do not even need in the first place. So the solution is that even in sales season, grab a pen and a paper and jot down what you need based on their priority.
Investment in happy-making and healthy activities
There is no harm in making yourself happy from time to time. What you are working day and night for is ensuring yourself a comfortable and pleasing life. In fact, if you make yourself happy, you will encourage yourself to work even harder than you are already working. It is a motivation and a push forward to achieve more in your life.
If you do not seek to please yourself, nobody is going to step in and do. Rich folks think of three main things:
a) putting their hearts and minds into their work.
b) investing their earnings in things to boost their work performance or improve their lifestyle.
c) seeking the best ways and things to please themselves.
If you like, for instance, art and history, then it is okay to spend a little more on historical museums expensive tickets every 2 or three weeks.
Zero Spending on Weekends
Instead of complaining about being busy 24/7 and having no time to cook, organize your time a bit! There is time for everything, the rest is just a bunch of excuses to justify your overspending on stuff you can do by yourself at home like cooking.
Have you ever considered the amount of money you spend on your lunches and dinners in expensive restaurants during your working days? The figure will probably shock you, so you’d better manage your money wisely.
For instance, you might be excused for having lunch during a working day out with your fellows, but you can prepare your meals at home. Get the best cookbooks on sale from a book shop and start learning to fix easy, yet tasty dishes to remain healthy and wealthy. Schedule a day, for instance the weekends, when you will spend nothing.
Change- saving
Here is another tip better than those money-saving envelopes, find a tiny box where you can put your change. Loose change and coins can be of great use. Put the box on a counter near your door, so that once you walk in after a day out, put the change in the box.
After few weeks, the box is going to be full without even noticing that. You can use the change to buy yourself a snack or a cup of hot chocolate or coffee to minimize your daily expenses. Putting coins in your handbag or purse is not a really good idea. You can drop them unintentionally.
Repair your old stuff
No need to buy new shoes if you do take good care of those you have. You can recycle and reuse many of the things you already have. Spend no extra penny on shoes while you can fix the ones you have. You need to avoid checking offers every now and then.
Everything can be repaired, machines like laptops in particular. Instead of buying a brand new laptop which can be very expensive, you still can fix the old one you had to economize a bit.
This simple act can save your money and planet alike. It is a sort of personal recycling process to save the environment for unneeded and extra wastes which harm humans in the first place.
Always reconsider your spending and rationalize your budget management. You can also create a saving account online where you can keep 20% of your monthly earnings. Think like Always reconsider your spending and rationalize your budget management.
You can also create a saving account online where you can keep 20% of your monthly earnings. Think like a businessman to live like a millionaire with the minimum financial losses. If you think that there are any other hacks to help in saving money, share them in a comment below!
