If you set up your financial plan with the idea that savings should be used only in emergencies, you will certainly avoid finding yourself without a savings fund to draw on.
Learn about other financial best practices
#25 | Be conscious of what you spend
Payment awareness is critical. Very often you buy a lot of things using installments or financing, so you have to be aware of what you are paying month after month.
Good financial advice #24 | Learn to say no
Have you ever found yourself self-imposed a spending limit beyond which not to go, so you can manage to save money at the end of the month? It is certainly not easy to make all the accounts add up.
Perhaps it may help to start using a magic word: no.
Good financial advice #23 | Buy without credit cards
The credit card has the virtue of making people pay for things in a deferred manner, but so it is not possible to have full control over purchases and thus monthly or weekly outgoings. If you want to be in control of your spending at all times, make payments and purchases with your debit card.
Follow us on our social media
