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Putting a cap on your spending could really take you places, I only knew this after trying it more than once. You see when you go around spending recklessly, you have no idea what you spent, or how much your threw away. You only realize this when you fall in debt or your money goes dry. There’s still things you can do about it.

For starters, watch where you money is going. Spend carefully by keeping a tab with yourself. I don’t care if it’s a physical notebook where you log your spending or if it’s an excel sheet you carry around logging in it like a crazed maniac, but watch your spending. This seriously goes far.

Manage your spending medium. Meaning, don’t carry around debit cards, these are like cancer to your wallet and will impair your judgement. Use other forms of medium. I’ve honestly found that commerce online really helps, as digital tracks keeps you in check. Better yet, doing it with crypto has been a lifesavior with the speed difference you get and the power it allows you. Especially nowadays with the Visa crypto program or Exeno for e-commerce, really innovational stuff. Change your medium, and let the computer judge you for once.

Reflect on where your money went. Since you’re being anal about your spending, every now and then recap on where you spent your money and ask yourself, was it worth it?

Find your own balance between spending and holding, don’t let anyone else give you the formula. Maintain this, consistency is key.



Submitted April 17, 2022 at 03:01AM by Ashlynn_nd https://ift.tt/Vz98ugr

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