Don’t Spend Money Above Your Income?
Yes know and understand what you can afford. Not just being able to pay the bill, but actually be honest with yourself. Sounds simple but a quick reminder is a great tip, make it a good habit.
Do you have reserve cash?
Always keep extra cash aside for any type of emergency. Sounds simple enough, but a constant reminder seems to do the trick. Even an extra dollar every week put into an envelope will help with future purchases. Do not spend it if you do not have the cash saved. Always look to lower your expenses. No matter how wealthy you may become be conscious of your spending.
We are planning an all inclusive vacation soon. Many resorts look great! However we are using some saved rewards points. Also we are going in the off-season. Finally we chose a lower cost resort to make the trip affordable, with no credit card debt! Our trip will be no stress and we will both have a much better time.
Train yourself to begin to cut expenses when you can. High interest and low interest credit cards can add up to quite a payment. What you enjoy today may stop you from enjoying the world or your life in the long run.
Simple finance tip – don’t spend what you don’t have. Use less debt simple tips & strategies. Keep trach of your credit scores.
