Spending money is one thing everyone has in common. Often times, people have a habit of spending more money than they have… what happens then?
Being in debt has become normalized over time, but there are steps in learning how to spend better.
If you can’t buy something twice, then you shouldn’t buy it at all. This rule of thumb has been passed down from generation to generation. The question remains, are people actually using it?
Being financially stable and independent is a high goal to reach but by spending money on unnecessary items, you take steps further away from reaching it.
To achieve financial responsibility, you must first stop trying to live a life that does not match your wallet.
Purchasing food every day, while there is food in your fridge is not going to help you. In fact, food is one of the highest reasons why people stay where they are financially. Those few dollars spent every day add up and the next thing you know, you no longer care.
You need to create a financial plan, which should consist of your goals and your current financial status to stop spending so much of your money.