Personal finance is something easy to learn that will pay dividends over the course of your life, freeing up your time and money for the things that really matter. Spend less than you earn. This one simple rule is all you really need to know about personal finance in order to liberate yourself from the traps many fall into. Find happiness in life, not spending.
Many times people buy stuff because they think that it will bring them happiness. They just HAVE to have the latest gadget or shoes or cars. It’s so fun! And yet, you buy that stuff, and you’re only happy for a day or two at most. Then you just need to buy more. It’s a never-ending cycle. Instead, learn to love life. Find joy in nature! In the people around you! In doing something you love! In exercise and meditation! There’s so much in life to make us happy, there’s no need to find it in spending.
Going out makes you more likely to spend unnecessarily. You eat at restaurants, go to the mall, stop at the gas station for snacks. It’s hard to avoid spending when you’re on the road. Instead, stay home, and find free entertainment. It’s also a great way to bond with your family.
2) Keep a 30-day list.
If you have an impulse to buy something you don’t absolutely need, put it on a 30-day list. You can’t buy anything but necessities — everything else goes on the list, with the date that it’s added to the list. When the 30 days are up, you can buy it — but most likely, the strong urge to buy it will be gone, and you can evaluate it more calmly.
3)Cook at home.
I know, it seems more difficult than eating out. But it doesn’t have to be hard. Throw together a quick stir-fry with frozen veggies and either boneless chicken and if you want more ideas check out my pro nutrition meal plans here https://ariseleadershipacademy.teachable.com/p/wellness .Not only is this much cheaper than eating out, but it’s healthier.
By getting rid of all the excess stuff in your home, you not only make your life much simpler and more peaceful, but you make it harder to buy stuff that will just clutter things up again. Once you’ve simplified your home, you won’t want to go back.
Giving people gifts is one of the most wonderful traditions, as it shows generosity and caring. Next time your in need of a gift for someone try giving the gift of spending time with someone. Try giving them something you baked or made yourself. Try giving them services they’d appreciate. It doesn’t have to cost a lot to be generous.