Nobody wants to find themselves in a financial predicament. It’s worrying, stressful, and rather frustrating. As soon as you become an adult, you are hit by tons of responsibilities that all seem to demand money, and so it’s essential that you have enough to get through otherwise you’ll be scraping by each month rather than living, and no one wants that. Life is to be enjoyed, and a huge part of that is being financially free, but again, that is a lot easier said than done in today’s day and age. There are so many different times where you’re required to pay for things that you need in order to help or protect you, from insurance companies, all the way down to contacting Expert Family Lawyers for more personal issues. So how can you find a balance that ensures you’re looked after, but also able to do things on the weekend and not feel guilty about it?
Speak to a financial advisor
Financial advisors are essentially people who know all there is to know about money and how to manage it. All you need to do is make an appointment with them, and be as honest as you can about your current financial situation and your earnings and spendings. You need to do this so the advisor is able to have a true picture of your circumstances so they are then able to come up with the best strategies and techniques for you to make life easier. So the more statements, receipts, and bills you bring to your meeting, the better.
Get a better paying job
If the job that you are currently in isn’t paying you as much as you feel you deserve, then it may be time to speak up. You must remember to be realistic though, and don’t go in demanding your boss for more money as that won’t get you anywhere. A good idea is to make a list of all your duties within your role, including any overtime that you do, and that will give you a good basis to start from. Then simply ask your boss when they’re free to talk, and then be honest. Try not to let yourself get caught up with emotion, especially if you’re not happy in the first place. Just be calm, and try and converse in a way that you will be understood.
Make some sacrifices
There’s no point cutting things out of your life that you enjoy doing only to save more money but being miserable as a result. So it’s about finding the balance of still having a life, but getting rid of things that aren’t worth the time or money you’re giving them. For example, if you like to pamper yourself once a month and get your nails done – that’s fine, you deserve it. But maybe getting your hair washed and blow-dried every other day isn’t necessary. So have a look at what you spend your extra money on, and then work out what things you can live without.
*This is a collaborative post.
Boost your income in 30 days!
Boost your income with this FREE 30 day money-making crash course. Plus get exclusive access to our Facebook group!