Money, Money, Money…

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Ever get the feeling that money is burning a hole in your pocket? Sometimes we just don’t know what to do with it. We make up excuses for where it can go, what it can be spent on, or give ourselves reasons for why nothing can be done with it … even when it can. We’re scared of two things – overspending or underspending. And It’s high-time that we did something about it.

If you’re under spending…

We only have one life and (depending on what deity you believe in), you can’t take whatever you’ve got with you when you’re gone. You need to make the most of what you’ve got and enjoy it. If you have money sat in a bank account that isn’t going towards anything in particular, it’s just sat gaining minimal interest, then try investing it into something that’ll make you happy – even if it’s something to make you even more money like a letting property. You could try going materialistic and kitting yourself out to try new recipes with a new kitchen like the ones shown on the Elan Kitchens Leicht website, or indulging in an experience such as an out-of-this world holiday to take your mind off whatever troubles and worries you may have floating around your head. There may be some truth in the saying that money doesn’t make us happy, but it can certainly be put towards having a good time and getting us well on our way on the path towards joy and elation. If you are seriously sat considering what to do with your money as you don’t think it’ll be wise to splurge, continue sitting on it for a bit longer until you get a clear idea – it’s not like it’s going anywhere…

If you’re overspending…

Budget, cut back, save like there’s no tomorrow. If you are earning 99p but spending a pound, you will always be in debt – there are no two ways about it. There are certain tips, tricks and hacks that are out there and available for you to peruse over and consider for your saving plans, such as setting up a separate bank account for your social life that’s different from the one that you’re paying bills out of, or having a standing order come out each month to fly into another account to dip into when times are getting tough. There are also certain mantras and ways of living that you can adopt; you can try the frugal lifestyle and join a Facebook group or some other community forum to get you really into the mindset and have a like-minded group around you to make sure that you don’t stray too far from the track that you’re taking. It’s especially good if you tell someone that you are thinking of cutting back your spending habits; it may seem like the worst thing in the world when you have somebody constantly questioning what you’re doing with your money and why you felt like you needed to spend X amount on X item, but you’ll be thankful for it in the end when you realise that your money troubles are disappearing or have gone completely.

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