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Tag: Money Management

Cutting off budget

Tips for a Frugal Lifestyle that You Can Do Right Away

A frugal lifestyle is still strongly associated with a dull life. Saving up money and cutting off the unnecessary expense sounds like no fun at all to some people, while in fact, it is the exact opposite. Being frugal does not mean that you cannot have fun and must save the money forever in the bank without any opportunities to enjoy it. The right mindset for a frugal lifestyle is to spend wisely while still thinking of reserve money.

For instance, you have made enough money to cover your insurances and bills. And the options for you are whether to spend it for a live music ticket or saving at the bank. In such a case, you should learn from experience and how long you have been restraining yourself from having such fun. For example, if you attended 2012 parkway drive live, then now, in 2018, it has been six to seven years since your last live gig. You should definitely pamper yourself with the money and opt the live music because there are other ways of saving money. Learn them below!

Paying off the credit card

Paying off DebtsNo one is free from credit card use these days. And indeed, the card has benefitted us for many things. The fundamental role a credit card is to promote purchase before actually paying for it. And the privilege will be charged as the interest on the card’s loan. Often, small credit card debts have an insignificant penalty. You can just postpone paying for it, and you can still be safe. It is unlike the mortgage.

However, that is an act of spendthrift. Small expenses are still expenses. Two percents of penalty are still worth your money. And thus, you must change your manner on credit card debts and start paying them before they reach their due date.

Looking less at the ads

Too Much Ads on TVThe Internet might be the best source for us to get information. But the more we access it, the more we are exposed to subliminal advertisements. There are ads everywhere online, from Google, Facebook, and Youtube. Those Internet giants encourage us to consume more and more by their ads. And in fact, that is what brings profits on the Internet. It is us who need to be more aware of what influence we receive every day and how to manage it.

Reduce your time on screen to have a more controllable shopping urge. Once you are done with working, turn off your laptop/pc and do not turn your attention to the TV. If you want entertainment, books are your best companion. They are ads-free, and they condition you to focus for a long time without disruption (compared to TV programs that have many disorientating ads).

Cook for yourself

Shopping GoodsLearning how to cook can benefit both your health and your wallet. If you buy food from vendors, it does not matter how cheap the price is, you are still paying for the service. Besides, eating outside frequently can make you prone to diseases. We will never know what germs contaminate our food during the making and delivery process.

Besides, we can control how much seasoning we would like to have on our food to save it for later. Technically, we can do the same with food we buy from restaurants. But doing so will not give us a price cut.…

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