It is usually not a good feeling to be broke and have to depend on people. There are tips you can take into consideration to ensure you avoid being in such unfortunate situations.
Living within your means. You should be able to maintain your lifestyle at all times.
Comparing with your friends may not be a good idea. You should not live to impress people. Trust the process and you will grow and progress.
Work on your mindset. Your mindset should be aligned with your dreams and goals. Speaking positivity in your life is very important. Words of affirmation that you will be able to achieve will boost your confidence.
Self-discipline. You should stick to your budget and avoid impulse buying. Concentrate on the most important things so that you can be able to save.
Save for a purpose. Being intentional with what you want will assist you to achieve specific financial goals. Avoid postponing and be consistent with your saving culture.
Avoid borrowing when it is not necessary. The amount of interest you incur when repaying the loan tends to be quite high. This will end up reducing your finances at a great extent. Purpose to pay the debts earlier by prioritizing the debts.
Looking for ways to increase your income. You can decide to do side hustles if the amount of money you have is not enough. It may not be much but you will avoid being broke now and then.
by: Erkenya