Frugal Lifestyle: The Key Lifestyle of Today
Today’s uncertain economic times and continually increasing prices of commodities hinder people from spending as much as they did several years back. They now have to extend their finances as much as they can in order to make both ends meet. Also, they have to cut spending and just reserve some money for the more important items. That is why today, living a frugal life is the key to living comfortably.
Frugality is living within one’s means, spending sparingly, and being thrifty. However, this is something that is easier said than done. Considering the presence of the credit card, which is quite easy to swipe; the many luxurious items and gadgets that abound the internet; and the tempting vacation packages that come knocking at the door, living such a thrifty life seems close to impossible.
However, here are some suggestions that are worth considering if one wants to live comfortably. This is especially helpful to those who are in college where resources are limited and the money is meager.
1.Have a checking and a savings account. This is a must for all ages. By doing so, all the income that can be received every month may be deposited in the bank for safekeeping. The money is easily spent and slips easily off our hands when we keep them in our pockets.
2.Make the checking account count. In times when swiping the credit card is not avoidable, then pay using the checking account as it automatically debits from the account. This way, you will not be tempted to withdraw money more than is actually needed.
3.Prepare a budget. A budget is a helpful tool for making sure that all payables are paid and all receivables are used smartly or saved. In preparing it, one should consider all income and deduct from this the payables. When there is anything left, this should be deposited for future use or savings.
4.Bring lunches. Instead of buying lunch from fast food chains, it is better and way healthier to bring lunches from home. These are not only cheaper but are also healthier and helps one avoid gaining weight.
5.Use coupons and freebies. There are stores that give away freebies and coupons. This is very useful as they not only give discounts but may also give items for free.
6.Regulate the use of electronic equipment at home. The electric bill is one source of major expenditure. And if one does not regulate and control the electronic items used at home such as the microwave oven, toaster, and others, then the bill will really soar high.
7.Set aside some money. Never spend everything excess from your income. Always have a sinking fund for your travels and other luxury. Most importantly, keep a savings account for emergency use.
Cash Advance is the best source for instant cash
No matter how much we try to save, there will always be times when money would seem very difficult. So when in need of instant cash, consider getting a payday loan from Cash Advance, Australia’s top money lending company. It only requires the applicant to be an Australian aged 18 years and above, with a job, and an active checking account.
And if upon credit check, the applicant is found to have a default, then this should not be a problem as Cash Advance does not mind any default on the part of the borrower.