Monday, October 09, 2017

# finance # life lesson

Life Lesson #1: Money Is Only Funny If You Have It



If you don’t, you’ll find that your finances are rather frustrating. I’ve talked before about what to do to get some of that cash in your pocket. But what about when you’re already in a difficult financial situation. Are there things you can do to tilt the odds a little more in your favor? Perhaps, there are steps that will eradicate those financial burdens completely. Well, while financial issues are one of the biggest causes of stress today, you’ll be pleased to know that there are ways to deal and bounce back so you can live the life you deserve. Take this advice, and you might learn to laugh and joke about money once more.

Cut Up Your Credit Cards


Some people are immediately shaking their heads with claims that credit cards can be useful. That’s true, credit cards can help us get something that we need that we can’t afford with the money in our banks. But, there are other ways that you can do this without having a credit card like financing. There’s something just far too easy about swiping a small piece of plastic and it’s only a matter of time before we can pay on credit through contactless. At that point, there’s nothing stopping you walking into a shop and buying everything that you want, some of which you could never afford on credit. So, do yourself a favor and cut them in half today. You’ll miss them at first but once you start handling your budget, you’ll never look back again.

Find Relief


You might need to start looking into the possibility of debt relief. With debt relief, you should be able to recover and regain your grasp on your financial situation. If you explore options like debtreliefprogram.co, you’ll see that are many different possibilities to look at. There are numerous companies that can help you take control of your finances and get back on track. It doesn’t need to be as difficult as you’ve heard. It can be fairly simple to get that budget under control.

Tax Yourself


You need to think of savings like a tax. It’s something that you have to pay each month, even if it is to yourself. Put the savings that you accumulate in a separate account, perhaps a high-interest saving fund and that way you’ll be able to use them later. You won’t have to worry about not having anything in your account that you can fall back on. You will always find the money that you need.

Be Sensible


Finally, you need to make sure that you can afford whatever you’re buying each month. Essentially, you have to be realistic with what you can afford. Look at your monthly income and work out where that money needs to go and what will be left over. That will tell you how much money you actually have to spend. This way, you can still treat yourself but completely avoid going over your budget. You can learn how to create a budget on bettermoneyhabits.bankofamerica.com.

Goodluck taking this advice and discovering that money can be funny...if you have it!

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