Many bad financial habits make people go further and further into debts or simply to a stagnant state where nothing is worse but nothing is better either. Here are the top 10 bad financial habits. You may want to check if you’re doing one or any of them because if you are, it’s time to change and take control of your financial health.
Category: Principles
Financial Literacy: The Basics
Generally, many frugal blogs only write about how to spend wisely, how to save money, how to make money on the side, without addressing the most basic issue: financial literacy.
How to Get out of Debts
During this uncertainty due to covid19, where jobs can easily disappear as businesses are going through difficult times, people start to panic and question the certainty of their income so they can pay their debts on time and avoid unnecessary late fees and interest charges. This is the time where many people think it’s better to live debt-free, to stop buying unnecessary things, and start saving. So how do you begin the journey of getting out of your debts?
What to Consider When Purchasing a Laptop
There are many specifications when it comes to laptops and other electronic devices. The very first step to decide what you need, is how you will use the laptop. Is it only for word processing, budgeting, surfing the internet, streaming movies, listening to podcasts, playing games, or all of them?
The Difference Between Frugality and Minimalism – Which One Is Better?
While many websites suggest that being frugal means being cheap and thrifty, I’ve mentioned in my About page that there is a difference between being cheapskate, thrifty and frugal as summarised below:
Build Your Blog for Free – Top 5 Free Websites
You’ve heard it often that you should start blogging to express and share your passions, to help other people learn, and ultimately to make money from the blog. But apart from financial strains, you don’t have coding or any other website building skills necessary to build a blog from scratch. You just want to start writing. How?
Are Eggs Really Cheaper Than Chicken?
Recently I came across some frugal websites that recommend eating eggs as a cheaper alternative to get protein than meat. Are eggs really a cheaper alternative? Let’s calculate.
False Frugality: When Cheap Things Are Not Actually Cheap
When people are trying to save money, they tend to focus on one side only: saving money. While that works most of the time, there are things that you need to look more closely when it comes to saving money because sometimes they may actually cost you more in the long run.
Reverse Budgeting
Reverse budgeting, also known as ‘pay yourself first’, is whatever percentage or amount you want to save will go to your savings before you spend any of your income when the income arrives, and then spend the remaining amount accordingly.
Top 5 Things to Ditch to Live Frugally
The things most of us have but don’t realise that we can live without them if we want to live frugally.