Image Credit: Picserver Debt is never any fun and that sense of dread you get every time the mail comes makes day-to-day living stressful. Though it might seem that the black hole of debt is never ending and the bills will just keep on […]
Are You Tired Of Debt Controlling Your Life?
When it comes to living with debt, is there really any financial freedom? Everything you earn is expected to be given away at some point, and it can be a real pain if you’re trying to save! The trick is making sacrifices! No one likes to make sacrifices, but in tough financial times, they are worth it. If you ever want to get out of that poor financial situation, you need to get ahead with your money, which means it’s time to start analysing what you do. Not only does it save your pennies, but debt can start to take its toll on your mental health, too! If you begin to feel as if you’re not able to get anything from life because your wages are being sucked out of you, your general satisfaction isn’t likely to be high.
Don’t stress it
If you feel your finances falling behind more and more, it’s completely natural to feel stressed about the future, but there are solutions for everyone! It’s important to do something before you put yourself at risk, however. As mentioned before, it can take a toll on your mental health, and the result can be rather severe. You shouldn’t let yourself decline into issues like depression; else you may struggle with your balance even more. Some get to a stage where they would rather accept the debt as part of their life and try to live with it, but that’s causing a detriment to yourself! You may be wondering why you would accept it, but once you start heavily lacking in motivation, so much as getting out of bed in the morning can be a challenging task. It is avoidable though, so don’t let that set in!
When it comes to saving your money, looking for the most efficient way of spending is a must! Most people see this as doom and gloom, and that they have to give everything up. Not true! Putting yourself to this challenge can, in fact, be an excellent opportunity for you, not only for budgeting; but learning a new talent! Learning how to do things for yourself is a great way to save yourself money, while also being a potential hobby at the same time. While you may not think it’s for you, cooking is known to be quite therapeutic and fun, which can even help you with stress; which makes it worth a try, even if you’re learning from square one!
There are many professionals out there who are willing to provide financial advice and services at a certain cost. While it might not seem efficient to have to spend money on it, there’s plenty of different services out there that can improve your financial situation significantly. A lot of the solutions won’t exactly wipe out your debt, but there are chances to get it reduced, and if not, then at least more comfortable for you to handle. Looking into debt relief reviews could be a great help to you, and you’ll find yourself provided with a lot more insight from professionals should you go for it. If you’re not exactly the best with money, and you don’t know too much about the industry; going to professionals might be a must for you!
You don’t have to deal with your debts alone, and there’s no shame in asking people for help. Even if it’s not for money, and just advice instead. Everyone understands the stress of being crippled by debt; so it’s best to seek help if you’re struggling to get out of it. Just remember that you shouldn’t expect money from people, and you likely shouldn’t take another loan unless it’s from a trusted source.
Image Do you find that your bills take up the vast majority of your outgoings? If so, you are not alone. It can seem like a never-ending cycle when you save up enough money throughout the month, only to see it disappear on all […]
Image Credit: Pxhere
In many ways finance is pretty simple: you need to spend less than you earn. But, as easy as it is to say, it’s not so easy to make sure that you follow this advice all the time.
Sometimes spending is a good thing and you should be able to use your money to enjoy yourself and have a fulfilling life. Other times, it is better to save so that you can achieve financial security and look after your future needs.
Pay Off Your Debts
If you have any debts, paying them off should take priority. High-interest debts should be paid off first and as fast as you can to avoid excessive fees. You might also have lower interest, long-term debts like a mortgage. While paying this type of debt off early is a good idea, you don’t need to be quite as determined as long as you can afford the monthly repayments.
Prioritize paying off the highest interest debt first and overpay that account until it is closed while you continue to make minimum payments to other lenders. Work through the list systematically until you have paid everything off. If you are struggling, or you aren’t sure how best to approach your own situation, have a look at repair.credit for more advice.
Save for a Rainy Day
There is a lot of different advice about having emergency funds and some people may not need them at all. Where some people think that 3 months worth of living expenses is perfectly reasonable, others argue that this money could be put to better use in the meantime.
While opinions vary on what your financial safety net should be made up of and how much you should have in savings, it is clear that you should have something to fall back on should disaster strike.
Achieve Your Goals
Saving for the future is always going to be a good idea, but it is possible that you can over-do it and save too much at the expense of enjoying your life now. If you are naturally frugal and careful with your money, this is great, but don’t make money the be all and end all of your life.
Spending now instead of saving for later can also be a good way to invest in your future. For example, you might want to spend some money pursuing an interest that could later be the foundation for your own business. Or perhaps you would love to travel the world and don’t want to leave it too late.
Think hard about what your life’s goals are as well as how and when you want to achieve them. This should help you to decide whether to spend or to save.
Life is short and you will only have one opportunity to make the most of it. While you might be tempted to splurge it all, do make sure that you plan ahead and think about your future needs. On the other hand, don’t be so concerned with the future that you forget about living well today.
Spending and saving are all about achieving a happy balance.
Disclosure I was provided with the product and compensation for my honest review of these products. All opinions are my own.
A while back I did a review of Kwik Stix and let’s just say, they do not disappoint. Mini was 2 at the time and has loved them. I actually may love them more than her if we’re being honest. The fact that I could let a child paint and didn’t have to worry about putting her in a giant bubble, was a great relief. Plenty of times they rolled off the table and onto the floor but I didn’t stress about it. I’d just get a wet cloth and dab it up. Naturally it would end up on her hands and her hands would make their way to her mouth but good news parents, these are NON-TOXIC!
Kwik Stix reached out to me again and asked if I’d be interested in trying out their newest product, Magic Stix. Well do kids love sugar? Of course I wanted to try them out. They are my new favorite thing. I have been using them more than the kid actually.
These have no odor to them, the cap is vented for safety and the colors are just as bright as they appear on the pen. But what really sold me on them, they do not dry out for seven days, SEVEN, with a cap off. Kids aren’t the greatest about getting caps back on markers before they put them away, mine included. With 12 color that wash off her hands, my table and clothes, they’re a blast for every day play.
Get a set here.
I honestly can’t recommend these enough. I will be getting them for gifts for the kids in our family. The Kwik Stix are great for little hands. Takes a bit of elbow grease for little ones to get the caps off, which is nice as a parent because even with them washing off, I don’t want my kid going crazy and painting the walls. Because I don’t have time to clean that up, nor do I want to. With such vibrant colors when they dry, pictures seem to pop more.
They even have them available for purchase in the 6 pack at Walgreen’s stores. Trust me, these are worth getting. Inexpensive with hours of entertainment.
If you haven’t had a chance, I definitely recommend getting a set.
Hope you enjoy them as much as we do. You can get a Kwik Stix set here.