If you read the paper or watch the news, you’ll hear reports of continued doom and gloom in the economy, but you’ll also hear stories of slow and steady recovery. It’s hard to know which reports to believe. One thing is certain, we are all still having to work very hard to make ends meet and for most of us, no matter how hard we work, it’s a struggle to make the money last until the next payday!
Making do with what we have is the only way to weather the financial storm the majority of us are experiencing in the UK. There are simple things we can all do to make our money stretch that much further.
Setting a budget and sticking to it for your weekly shopping and expenses is one way to make the money go further. It’s easier than it sounds too, you just need to be strict with yourself and only spend what you have allocated yourself for that week. If you overspend, then you must acknowledge, you are using up the allocation for the following week and will have even less. Try it another way. Assign a weekly budget, do all you can to spend less than this amount and carry over the extra!
When you are shopping go for the cheaper options, whether that means a different supermarket or maybe a smaller pack of your usual brand? You don’t need to suffer or deprive yourself. This is about being wise and careful with your money and strict with your budget.
The more you save and succeed in making your money work for you and look after you, the more motivated you will feel. Money is not in charge of you, it is a commodity we all need but we can train ourselves to make it a tool for us. Much better that being a slave to it.
Motivating yourself by saving money, cutting costs and staying in control will help you feel less stressed and less strapped for cash!
Then, if you do experience an emergency and need access to some extra, you’ll be in a far better position to consider your options, like a short term loan. Knowing where you stand with your own finances is the most important step to being debt free and enjoying financial freedom.
Making do with what we have is the only way to weather the financial storm the majority of us are experiencing in the UK. There are simple things we can all do to make our money stretch that much further.
Setting a budget and sticking to it for your weekly shopping and expenses is one way to make the money go further. It’s easier than it sounds too, you just need to be strict with yourself and only spend what you have allocated yourself for that week. If you overspend, then you must acknowledge, you are using up the allocation for the following week and will have even less. Try it another way. Assign a weekly budget, do all you can to spend less than this amount and carry over the extra!
When you are shopping go for the cheaper options, whether that means a different supermarket or maybe a smaller pack of your usual brand? You don’t need to suffer or deprive yourself. This is about being wise and careful with your money and strict with your budget.
The more you save and succeed in making your money work for you and look after you, the more motivated you will feel. Money is not in charge of you, it is a commodity we all need but we can train ourselves to make it a tool for us. Much better that being a slave to it.
Motivating yourself by saving money, cutting costs and staying in control will help you feel less stressed and less strapped for cash!
Then, if you do experience an emergency and need access to some extra, you’ll be in a far better position to consider your options, like a short term loan. Knowing where you stand with your own finances is the most important step to being debt free and enjoying financial freedom.
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