We would all be better off if we forced ourselves to look honestly at our spending and our bank accounts, and identify the things that can be cut out easily and immediately. That will buy you more time if you do lose your job or take a cut in your income, and will help you stretch the money you have.
While you may not be able to go on the most elaborate vacation ever, you might be able to afford some type of holiday even if you don’t have a whole lot to spend. Instead of bemoaning the fact that your money is tight, take a look at how much you have, then start researching. You may find you can take a decent holiday after all.
If you are considering staying home, finances are likely a concern and you may even think your family can’t make it without your income. However, if you really want to stay home, take time to do some calculations and you may find that you can afford to stay home with your child.
Effective budgeting starts with an understanding of how you spend your money, and evaluating your current spending habits. It is never too late to start a finance budget as long as you have a long-term goal in mind, and have a system put in place to track your expenditure and savings.
In this age of instant gratification and credit cards, the world is literally at our fingertips. I can be sitting in the living room watching television, see an advertisement for the latest product, go online and five minutes later have ordered the item for next day delivery. We seem to want more, and more, and we want it all now…