How to stop making bad money decisions So, the 80/20 rule suggests that 80% of outcomes come from 20% of causes. And in the context of personal finance, this implies that a small percentage of poor financial choices can lead to the majority of negative financial consequences. With that being ...
What is living above your means? “Living above your means” means that you’re consistently spending more than your income. However, it isn’t always about flashy purchases or luxury items. Sometimes, it’s the subtle shifts in your lifestyle that lead to financial strain. ...
When should you upgrade your lifestyle? Lifestyle creep keeps a lot of people in a chokehold. And if you watch finance or money-related videos, you’re likely very familiar with this term. It basically involves upgrading your lifestyle “unnecessarily” every time your income ...
How to Be Less Materialistic (you aren’t your things)?!? We all need material things like a roof over our heads and clothes on our backs – and as far as our wants, there’s nothing wrong with treating ourselves or desiring certain things. But while we need some items, you might have ...
How to reset your financial life Our financial life doesn’t always follow our plans. Unexpected surprises can come at us from different angles, and they can keep coming, one after another. So, even when you thought you had a good financial plan, things can suddenly go off course. This ...
What is extreme frugality, and why doesn’t it work? The cost of living is constantly on the rise, so it’s no wonder why the idea of extreme frugality is alluring to some. After all, who wouldn’t want to save more money, cut back on unnecessary expenses, and build a solid ...
How to get through your day WITHOUT spending money? Winning the battle against impulse spending is a day-by-day journey, and while it might not always be easy, the results are undoubtedly worth it. So if you find yourself spending more and more money with each passing day, here are some simple ...
How to de-influence your spending habits – and life! Every day, the allure of online shopping and consumerism tempts us, especially as we scroll through social media. I’ve been there too, influenced by the constant stream of enticing products. While it’s not inherently bad, it ...
Reasons why you’re still living paycheck-to-paycheck In the everyday grind, many of us find ourselves caught in the loop of living paycheck-to-paycheck. It’s not a rare struggle, but it’s still annoying, to say the least. So let’s get real about why it’s happening. ...
This is something we’re all probably guilty of…buying stuff or things that we don’t need. But hey, we’re only human. And let’s be honest, with so much constantly being advertised and thrown in our faces, it’s often hard to separate needs from wants. This doesn’t ...