For startups the income is not (and won’t be) as regular as expected. Therefore, budgeting has to be done with extra careful consideration, making sure that you have something to eat when you are not making any money.
Category: Principles
10 Things You Should NOT Buy Online
Black Friday is coming soon. With the Covid still around, combined with more companies opting for selling their products online, many of us would prefer to enjoy the Black Friday Sale from the comfort of our home: online shopping. However, there are things that you should not buy online for various reasons. Here is a list of things you should not buy online.
What It Takes to Become an Entrepreneur: Financial Risk and Emotional Risk
An entrepreneur’s frugal lifestyle choice almost always comes out of necessity. To survive. Because many of them choose to allocate their financial resources to their business instead of a house mortgage. Some people are comfortable working with a regular salary, keep saving, and have a safe retirement. This can mean they have to live a frugal lifestyle from now to eternity. And nothing’s wrong with that. However, many entrepreneurs are not comfortable with the above idea for two reasons.
What Is Budget? Where Do You Start? How to Stick to It?
What is budget? Is it really difficult to set one? Where do you start? How to stick with it?
How To Stay Dedicated to No Spend Commitment – 6 Tips
It’s easy to have no-spend days or even weeks when we have no money at all. Simply because we have no choice, especially when we can’t borrow any money either.
The challenging task is when we are a freelancer, an entrepreneur, or anyone with a lot of money, but with irregular income. One month we earn a lot of money and the next month you earn nothing.
How to Be Frugal Without Looking Cheap
Frugal is often associated with being cheap. In reality, they’re not the same. Being cheap means spending as little as possible without caring about the long term effects. It disregards the overall quality of the main purpose of an activity or an item. Below are 5 tips on how to stay frugal without looking cheap, assuming the items are already of good quality and last long.
10 Tips on How to Reduce Your Electricity Bill
We should use less electricity, not just for the sake of saving money, but also help the environment.
Below are 10 tips on how to use less electricity, thus, reduce your electricity bill and save the environment:
7 Frugal Living Tips During Coronavirus Lockdown
While there are still savings and government aid to help ease the financial burden of living costs, we often feel it’s not enough and many of us end up borrowing money from financial institutions hoping this loan can be quickly paid off when we go back to ‘normal’. If it’s possible, don’t borrow at all and adjust the living expenses to whatever available income at the moment.
What Food to Buy in Bulk- if You Live by Yourself
Many people suggest bulk buying as the price is always cheaper than when it’s bought individually. However, that’s not always the case, particularly if you live alone. This post shows what food to buy in bulk if you live alone.
Financial Freedom: What Is It and How to Get There
The majority of people think that financial freedom means no more work and just a holiday every day without worrying about money in any form. Retirement is often considered as true financial freedom.