Saving money on a tight budget or low income can seem impossible. Especially when you do not necessarily make tons of money; but it all comes down to priorities. It can be hard to set yourself up for success when it feels like you are living check by check but organizing yourself and being consistent can improve a lot. Considering the holidays when there are decorations, gift buying, dinner parties, and many more activities which require spending. In this post we’ll discuss a few tips to help put some money on the side even when it seems like there isn’t any. Sacrifice or Investment? Putting money on the side can seem like it is causing you to deprive yourself from your wants. If you are anything like most people, we often catch ourselves thinking “Well I do put in the work. I deserve it.” The question becomes, is it worth it to go to a fast-food place and then catch yourself stressing over living check by check? Start looking at the money you put away as an investment for you in the future. Your savings is exactly that, an investment. You are putting money on the side in case of
Did you ever wonder why some people never seem to be able to keep money around? They get paid on Friday and all the money is gone before Monday? Well, in this post we’re going to talk about 5 habits that might be keeping a person broke. Habit #1- Not knowing your subscriptions Subscriptions can add up quickly. You can have $5 here, $10 dollars there. You should take a moment and review your bank statement or credit card statement to see what monthly subscriptions you have. You also need to determine what you use and do not use. Cancel the ones that are not being used. Keep an eye out for what you are being charged for in your subscriptions. Sometimes subscriptions plans can increase in price without you being aware so if something you were paying 10 bucks a month for now turned into 20 bucks. Habit #2 – Spontaneous Shopping Who does not like shopping for new things; rather it be clothes, electronics, or even shoes? There has to be a limit to what people can buy based on their budget. One way people dig themselves into a deeper hole is by not realizing how much they