I’ve been there too… You despise the feeling of logging into your online banking and watching the balance dwindle lower and lower as the weeks go on. We all want to start planning for the future, but your current financial situation makes it seem like you can’t save yet. You keep telling yourself to find a way out of your bank account dilemmas, so let’s start with exploring some of these brilliant and innovative ways to get your finances back on track once and for all.
Check For Money You Are Owed
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Re-evaluate Your Spending Habits
It’s hard to consider, but if you are always struggling with money, it may be because you might be a serial overspender who needs to change their bad habits. Cutting back on some of your day to day luxuries would be the easiest way to start changing your habits. Another way to decrease spending is to eat out less by cooking more meals at home (we used this resource for meal prep with AMAZING success, I highly recommend trying it out). These small tweaks may not seem like huge money makers, but you will notice a difference over time.
Set a Clear Budget
Many people find that creating a budget helps them to see their finances in a more concrete way, so they don’t overspend. For us, budgeting was the only way to overcome and permentatly change our money struggles. Make a diary which outlines all of your income and outgoings each month. You will be able to work out how much disposable income you have, you will even be able to tell if you need to pick up a side hustle to make ends meet.
Seek Professional Advice
You might not be able to overcome your money struggles on your own. That’s okay! If you think this might be the case for you, then you might want to enlist the help of a financial advisor or qualified (ie – budget savvy) family member. You could find an innovative way to pay off your credit cards or even reduce your monthly bills. An external source will always be able to provide you with the useful advice you need.
You deserve to live a carefree life, without the added stress and strain of financial problems. Build back your bank balance and you will soon feel back on top of everything in your life. Check out these additional resources on Amazon to help you get back on track with your money…
Yes, I include affiliate (ad) links in all my blog posts, however it is only with companies and products I highly recommend. I receive a small commission if you buy through my links, so thanks in advance! Lydia Y-S