These Hacks Will Help You Stick To A Budget!

Photo by Tima Miroshnichenko from Pexels

Anyone who has tried to live on a budget before has failed at living on a budget before. And when you’re on campus, failing to live within your budget means you’ll suffer for it. Luckily we have these hacks to keep your spending under budget.

Involve Your Family In Your Finances

Photo by Ekaterina Bolovtsova from Pexels

If you’re on good terms with your extended family, then you need to involve them as much as possible in your finances. Call often, get them invested in how you’re doing, and ask for cash when you’re low on funds. It might be out of your comfort zone but is being broke in your comfort zone?

Overestimate Your Expenses

Photo by cottonbro from Pexels

When you’re drawing your budget, there’s a very important principle that you need to remember. Whenever you’re not sure how much something is going to cost, overestimate it. In the long run, it’s better to have extra cash than to be short because you underestimated your expenses.

The 30-Day Rule

Photo by Ksenia Chernaya from Pexels

Whenever you want to get something that is not on your budget, put it on your wish list. And it might not have to be 30 days for you, but only get items on your wish list after they have spent a certain amount of time on the list. You might end up not even wanting that thing at the end of the period.

Create An “Unusual” Category In Your Budget

Photo by Yaroslav Shuraev from Pexels

Man plans and God laughs. No matter how well you think that you’ve put a budget together, there are some stupid costs that you won’t see coming. Create an unusual category in your budget to cover you when these things pop up.



Please enter your comment!
Please enter your name here