Whilst in the
middle of “being broke” lifestyle, you might be too absorbed to see the bigger
picture. However, you can learn these valuable lessons, while you are trying so
hard to make ends meet.
Using Credit Cards Wisely
Credit Cards Are a Godsend, but only if you
use them wisely. It’s easy to get up to the ears in credit card debt, but you
can actually make it work if you use it the right way. You’ll be surprised at
how handy it comes out to be.
Investing is why people are rich.
You can also make it simple for yourself and
start soon. Because, like all those
financial experts say, every day that goes by without investing is another day
you’re not building wealth.
actually helps you narrow down the things that you need. You’ll keep telling
yourself that you don’t need everything that you see in the store – and you’ll
stop being an impulse buyer. It’ll dawn upon you that buying stuff isn’t going
to make you happy.
It’s how you use
you the importance of savings like being broke!
that you’ll have to build an emergency fund – at least for your peace of
mind. When you’re living from pay check
to pay check, you’ll know how important to have a backup or a cushion whenever
you might face an emergency.
Having a “just in case” fund” will relieve
stress in your life, even if you never have to use it.
Bad Habits are The Evil
several posts about this, but addictions and bad habits can be extremely
Yes, you might
be oh-so in love with your tequila and cigars, but when you’re broke – you’ll
have no other option but to cut it out and you’ll be surprised at how much you
WRITTEN BY: BALAKARTHIGA. M
READ ALSO: THE
COST OF SMOKING