Learn more about moneyandinvestments with this collection
How to find common interests
How to be a good listener
How to overcome social anxiety
Common budgeting mistakes
- Not Tracking Expenses: it's impossible to stick to your budget if you don't know where your money is going.
- Buying on Impulse: Impulse buying is expensive.
- Becoming the Victim of Budget Busters.
- Being So Frugal It Makes You Miserable: you’ll binge later and throw all your hard work out the window.
- Trying to Do Everything as Inexpensively as Possible.
- Not Asking for Help.
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Tracking expenses
One of the ugly truths about budgeting is that when you keep track of your expenses, it’s painfully clear when you’ve gone off track.
Write it down when you’ve gone over your budget. The negativity you feel will help prevent you from overspending more or doing it again. Just think of this step as damage control.
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Being frugal and miserable
If you try to deprive yourself too much, you’ll binge later and throw all your hard work out the window.
A spending binge can set you back far more than treating yourself occasionally, so go for the occasional minor splurge. Just keep your treats within your spending limits and you’ll be fine.
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