If It Can Wait, You Can Wait
Fact #1: Managing money isn’t something one hi-tech bank or an app can fix, sorry. 🤷🏾♀️
Technology does make it easier, that’s for sure, but the state of your finances really depends on you and how much you can control yourself.
One good way to get a grip on your money is to delay your gratification.
In simpler terms, this means taking your eyes off shiny things and pushing your ‘enjoyment’ back to a time you can afford it. 🙍🏾♂️
1. Not buying things on credit. (Sorry to your friend selling shoes. 🙅🏾)
2. Not putting yourself under the massive pressure of a loan you can’t pay off in a short time. (Because, why?)
3. Not buying a car you can’t afford to maintain. (🏎 = ⛽️ + 🛠 = 💸 = 😩)
4. Not mixing up your needs (the things you can’t live well without, like good food) and your wants (like a bigger big screen TV).
It also means:
1. Making a micro-budget for each week, withdrawing the cash and putting it in an envelope. (You’re smart, not weak.)
2. Paying for things upfront instead of spreading payments. (When you see how much it’s going to cost you at once, you’ll know if your account is really ready for it.)
3. Drawing up a ‘needs versus wants’ list so you can see what’s really important. (Do a SWOT analysis on that dream trip to Santorini 🏖 if that’s what it takes.)
Fact #2: These things are easier blogged about than done.
Still, don’t give up until you’ve tried everything. By then, we’d probably have added a mind control feature to keep you from touching money you’ve sworn you’ll never spend. 💜