We all go through tough times in our lives where money is coming in slower than usual. Maybe you’re in between jobs, or your rent has been put up, and now you’re struggling a little. – No need to worry. All you have to do is adapt to the situation, and cut back on things that are no longer a priority for the moment, focusing only on the needs, and putting the wants on the back shelf for a while, until your situation improves.
Here are the best ways to get by on a budget.
What better place to start than by creating a budget? Now that your circumstances have changed, it’s important to know exactly how much money you have, how much you expect to get every month, and what kind of things you will be spending your money on. You need to make a note of this, and be as realistic as possible – that way you will be able to see what you do, and do not need to purchase. Focus on the most important things first, like the bills and the weekly food shop, then follow that by however else you spend your money.
Believe it or not, rentals can come in all different shapes and sizes. This can be anything from your home, your TV and your car, or you can even rent a fridge, along with many other appliances. This is great if you want brand new things, but can’t afford to buy them. You would be surprised at how many people actually use this option, and yet nobody has any idea because it’s not something you would ever think to ask – and no one needs to know anyway.
Shop second hand
Shopping second hand is a great way to save your cash, and there are so many different ways of doing so. You have the option of shopping around charity shops, garage sales, and even online. There are tons of sites that give people the ability to advertise their unwanted items for people to purchase.
Some people don’t like the idea of shopping this way because they think it’s ‘dirty’ or ‘lower quality,’ but this isn’t the case at all. There are some incredible buys out there at a fraction of the price, which look and feel as good as new.
Tell your friends
If you have a lot of friends that you usually go out with on a regular basis – let them know that you’re trying to save up right now. You don’t have to go into detail if you don’t want people knowing your business, but by telling them this, they won’t keep trying to persuade you to come out and play. – Meaning you won’t be forced to go out and splurge money that you don’t have.
That doesn’t mean you can’t have fun though – there are plenty of activities you can do with your friends for free, that doesn’t concern spending all your cash.
Now you have the idea, have a play around with what works for you, and find your own tricks to get through your financial situation with ease.