New Year. New Budget. New You
It is the time of year when everyone is thinking about transformation and ways to improve ones self in order to create a better way of life. New years resolutions are always full of good intentions. Some people stick to them but most people don't. In fact only 1 in 10 people stick to the resolutions they make. If you have made a resolution that you really want to stick to them it is going to need 100% determination on your part in order to succeed. Changing a habit is tough, but everyone is capable of doing it and once you have,it leaves you feeling great with a renewed sense of being able to achieve anything you set your mind to.
Unfortunately due to the economic crisis many peoples new years resolutions this year will be to tighten their budgets. Again this seems like a daunting task. Money can become a major stress factor in ours lives and it becomes increasingly difficult to believe money isn't everything when it seems so much depends on it. But when the daunting task of tightening our belts is achieved it will make life easier and less stressful. It is always best to slowly introduce new ways of working into your life. Be careful not to throw yourself too far in the deep end. Whichever way you choose to do it determination is key.
Here are LuckyDustBingo's ten helpful hints to start changing those spending habits and tightening those belts right now...
1. One thing you will need to do to save money is to get organised. Always make a plan and make sure it is easy to implement and achieve.
2. Keep a strict record of expenses. You need to know what you are spending on in order to make decisions on how to make savings.
3. Transfer any credit card debt you may have to a new card which charges lower interest rate.
4. Review you next phone bill. We all love to chat but make sure you are not nattering away and spending all your pounds in the process.
5. Review your insurance policies. A proactive approach is always needed. Make sure that you are getting the best deal. If time is a problem then simply visit a comparison site that will do it all for you.
6. Distinguish between wants and needs. Sometimes we feel like we need something when actually we simply just want it. Remember our basic needs are food, shelter, clothing and transportation. If you are not sure if you need something or not then why not try before you buy. See if you can rent or much better borrow one. This way you can identify whether you really are ever going to use it or not.
7. Don't over spend. Don't let your ego get carried away with all the luxury brands. Why insist on the biggest and best things if it's going to cause you nothing but stress and financial difficulties. Make sure you think carefully about where you are spending the family money.
8. Always make a shopping list. Only buy what is required and never go food shopping when you are hungry. If you are a lover of Buy one get one free offers then be sure to che ck the sums. Make sure they are not just double the price of the other products on the shelf.
9. Why not try and make some money. We all have too much clutter so why not sell it on eBay or at least give it ago.
10. Don't waste things. Why not water down your washing up liquid to make it last longer. Switch off everything by the plug when you not using it.
Whatever you do don't completely deprive yourself else you may well end up cracking under the pressure. Small changes big savings. Remember a new year's resolution is a commitment. A commitment you have made to yourself so make sure you don't let yourself down. You can do it!
Unfortunately due to the economic crisis many peoples new years resolutions this year will be to tighten their budgets. Again this seems like a daunting task. Money can become a major stress factor in ours lives and it becomes increasingly difficult to believe money isn't everything when it seems so much depends on it. But when the daunting task of tightening our belts is achieved it will make life easier and less stressful. It is always best to slowly introduce new ways of working into your life. Be careful not to throw yourself too far in the deep end. Whichever way you choose to do it determination is key.
Here are LuckyDustBingo's ten helpful hints to start changing those spending habits and tightening those belts right now...
1. One thing you will need to do to save money is to get organised. Always make a plan and make sure it is easy to implement and achieve.
2. Keep a strict record of expenses. You need to know what you are spending on in order to make decisions on how to make savings.
3. Transfer any credit card debt you may have to a new card which charges lower interest rate.
4. Review you next phone bill. We all love to chat but make sure you are not nattering away and spending all your pounds in the process.
5. Review your insurance policies. A proactive approach is always needed. Make sure that you are getting the best deal. If time is a problem then simply visit a comparison site that will do it all for you.
6. Distinguish between wants and needs. Sometimes we feel like we need something when actually we simply just want it. Remember our basic needs are food, shelter, clothing and transportation. If you are not sure if you need something or not then why not try before you buy. See if you can rent or much better borrow one. This way you can identify whether you really are ever going to use it or not.
7. Don't over spend. Don't let your ego get carried away with all the luxury brands. Why insist on the biggest and best things if it's going to cause you nothing but stress and financial difficulties. Make sure you think carefully about where you are spending the family money.
8. Always make a shopping list. Only buy what is required and never go food shopping when you are hungry. If you are a lover of Buy one get one free offers then be sure to che ck the sums. Make sure they are not just double the price of the other products on the shelf.
9. Why not try and make some money. We all have too much clutter so why not sell it on eBay or at least give it ago.
10. Don't waste things. Why not water down your washing up liquid to make it last longer. Switch off everything by the plug when you not using it.
Whatever you do don't completely deprive yourself else you may well end up cracking under the pressure. Small changes big savings. Remember a new year's resolution is a commitment. A commitment you have made to yourself so make sure you don't let yourself down. You can do it!
