Budgeting is the top advice you’ll often see when you Google, “how to avoid overspending on holidays.” After all, it’s hard to survive the holidays without budgeting.
Now, if your finances are so tight you can’t even afford to eat or pay rent in a few weeks; then overspending on the holidays is the least of your problems. In those cases, it’s natural to have a temporary budget.
Keyword: Temporary. Because budgeting in the long term won’t make you financially free.
When can you buy a nice car, a month-long vacation, or even a dinner at a top-tier restaurant — while being guilt-free about the expense? You’ll notice I use the word “when.” That’s because luxuries don’t have to be a strict buy-it-or-forget-it situation. I believe […]
To build wealth, we can do two things: Option 1 is great but takes time and is somewhat out of your hands. You can work really hard and still end up not making money. Option 2 is perfect because it’s more within your control. And […]
I was talking to a friend recently about strategies that make ordinary people wealthy. Often, people talk about trying to spend less by budgeting, saving more, and investing. Or working harder to earn more. These things definitely help. But we all know that without a […]