How To Stay Financially Buoyant
posted on Aug 10, 2020
Avoid Going Broke ...Ever Again
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Whether you need to work on your spending habits, learn how to save, or find ways to earn more money, you can find a way to finally become financially buoyant.
Being broke is not something that anyone is proud of, at that stage, it seems the world has stopped moving for you. It heralds a period where you start seeing loads of things that you want but the economic crunch has eaten deep into your pocket. Sucks, right?
If you want to change your financial situation, you have to set certain goals. Think about exactly what you want your finances to look like and what you can do to achieve those goals. Asides creating a budget, follow these steps to start working towards better peace of mind:
Avoid Impulse Buys
If you always have a plan for what you will buy, you will have a much easier time managing your finances.
Knowing that you always find it difficult to turn a blind eye when you go to a mall, it is better to avoid going there except you want to buy stuff.
A better way to fight this is by writing out a list when you want to go shopping and sticking to it. This will help you know what to buy and what not to buy.
Try spending time with more economical people. If you are always around people who spend money carelessly, their habits are likely to rub off on you.
Stop Comparing Yourself To Others
If you're spending beyond your means because you feel that you need to keep up with your friends or show others that you can afford a certain lifestyle, you're not doing yourself any favors.
Stop worrying about what others can afford and think about how you can live within your means.
Review your attitude towards consumer goods. Don’t let what you read on fashion, home style, and consumer technology magazines or the flashy shows you watch TV make you feel bad about not having the latest designer item, gadget, or home improvement item.
Choose quality products that will last a long time, but don't pay more for brand-name items just because they are fashionable.
Compare Items Or Brands When Shopping
If you're on a tight budget, you want to make sure you're always getting the best deal on absolutely everything. Take some time to compare prices for items you purchase regularly and for large purchases.
They are various shopping apps out there that can be used to do checks on prices. Find time to go through them based on the product or services you want.
Shopping for necessities online can be cheaper in some instances, but make sure you take shipping charges into account.
Watch out for "deals" on items you weren't planning on buying in the first place. Even if the price is great, you will save more by not buying it at all.
Save On Transaction Charges
While many people may think that transaction charges do not have significant effect on your money, we have proof that it does.
If you take the time to collate the debits you receive as transaction charge monthly and yearly, then you will see that it quickly adds up. You can save all that money buy simply using a financial partner to enables you make transactions for FREE.
This is where Page Financials comes in. When you use the Page Mobile App, you get zero charge per transaction and this helps you save money.
You know the saying “It’s the little things that count”, at Page Financials, we believe every Naira/Kobo counts and that is why the Page Mobile App offers you much more. It is available on the Google Play store and also on the iOS app store.
Conclusion
Thinking about finances is always uncomfortable and spending is always tempting. However, in today’s world, your assets and your bank balance will give you a sense of security, while extravagant spending may leave you at the bottom of the barrel.
If spending less is just not enough, it may be time to get a better job or start a side hustle that will allow you to make more money.
If you have any questions regarding our quick loans, competitive investment offering, or using our payment solution to enjoy zero charge on transfers and bill payments.
Visit our website at https://pagefinancials.com or call 01-700PAGE (7143) or send an email to customer@pagefinancials.com to speak with us.
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