You & Money Happily Ever After a lot of times we tend to have a bad relationship with money, how so you may ask? Well its never there when we need it, one minute we have some the next we don’t!! Of course we had one wish a lot of us would wish we had an unlimited supply of money, however the reality is we don’t!! A girl might not have the ability to make money magically appear when we need it BUT we can at least try to make the little we have take us further than it usually does how? Here are some tips from us.
i) Girl Stalk you’re spending diligently track your expenses on a monthly basis, using either your smart phone or laptop or a basic pen and note pad. Make sure you record every single purchase you make from the smallest to the biggest for example candy, crisps, fizzy drinks to your toiletries, clothes, groceries etc.
ii) Save Progressively make it a habit to increase your savings by an additional amount each month even if the increments are small as long as the savings increase each month continuously you’re on the right track. Because the aim is to always be progressive and never regressive!
iii) Define Spending & Priorities if you are saving for a certain item like a fancy pair of heels or a trendy frock , set aside at least 10% of your allowance or income to invest into a profitable activity such as if you buy a pack of lollipops and resell them individually for a slightly higher price.
iv) Always Use Cash for girls with bank cards swiping might seem very convenient but it could indirectly give you impulse to spend excessively without realizing it. How?well for one it gives you unlimited access to the money you can, without really gauging it also there are charges each time you use your card for a transaction while they may seem low and insignificant collectively they amount to a significant amount that could be added to your savings, so it would be wise to avoid spending unnecessarily.
v) Avoid Debts while we might have cringe worthy moments when
we are on the brink of being broke, and resort to lending money either from
family , friends or other sources. This seems convenient at the time however
when we eventually get money we have to pay these debts and that not only
decreases our allowance or income but we adapt a bad habit of living beyond our
means which is a very bad habit! So young ladies lets try to live within our
means and learn to adjust ourselves for