Overspending is a surefire way for financial disaster. While the solution is simple in theory (just don’t overspend!), the reality, of course, is not that simple. Humans are pretty much emotional creatures. Most of us often know how to not overspend, but some emotions, such as the now-or-never one, can get triggered when things like pandemic or closing store discount sales happen. Here are 5 tips to avoid overspending:
Author: wiselyfrugal
What Is Zero Based Budgeting and How to Build One?
Budgeting, no doubt, is fundamental to anyone who wants to pay debt faster, to live debt-free, and to feel more financially secure about the future, especially for retirement. Zero Based Budgeting is one of the most common methods of budgeting. This post discusses about what Zero Based Budgeting is and how to build one.
10 Cheap, Healthy Lunch Ideas Under $5 per Serve
Buying lunch, as we know, is a waste of money. Currently, the average price for lunch in Melbourne (Australia) is $14. Imagine if you buy it 5 times a week. That’s 48 weeks x 5 days x $14 = $3,360 a year. You could either invest or spend it for holiday. If we want to live frugally, we should always make and bring our own lunch. Below are 10 healthy lunch ideas under $5 per serve.
How to Buy Luxuries the Right Way: Know the Difference Between Assets and Expenses
Many people who live frugally despise the idea of buying luxuries as it is considered as wasting money. But many of them don’t hate the idea of owning luxuries. However, we should all be aware how to buy luxuries the right way. Here is how.
14 Must-Have Ingredients for Any Kitchen
There will be times when we are hungry, but we are either too lazy or too busy to go grocery shopping. At the same time, we also don’t want to spend unnecessarily on takeaway food. Therefore, we need to always have a backup plan by having must-have ingredients in our kitchen. Below are the top 14 must-have ingredients for any kitchen:
How to Stick to Your Budget: 10 Tips
The hard part of sticking to the budget is not just spending no money when we don’t have money, but also when we have too much money. Entrepreneurs can earn much more than the average monthly income but in the next month or two, they may earn nothing, especially when the overall economy is not performing well due to whatever reasons, including the latest event: the lockdown restriction due to Covid. Below are 10 tips on how to stick to your budget:
10 Products You Should Never Pay Full Price For
With stores closing down, clearance, or other deals, there are many products that are sold lower than the RRP (recommended retail price). The exact same products may cost lower, even less than half price when being sold in bulk, on a certain day, through certain wholesalers or alternative companies offering similar products/services. Below are the top 10 most common products/services you should never pay full price for:
How to Avoid Paying Full Price for Almost Anything: 10 Tips
Different timing, different place, different way to buy, can make a big difference in how much you pay. Below are 10 ways to avoid paying full price on almost anything:
15 Frugal Habits that Save Money
Saving money is not only about budgeting smartly. We also need to cultivate a frugal lifestyle to make saving money achievable. Below are 15 frugal habits that save money:
How to Cut Your Own Hair – Short Hair
Not only does it save money, but cutting your hair at home also saves time. Here is how: