10 Tips of How To Live Within Your Means

By Tabitha Mwai,

A good number of people live a life they can hardly afford so as to impress those around them. To be comfortable, live below your means as suggested below:

1. Redefine your definition of rich – Change it from having luxuries to meeting your basic needs and a few wants.

2. Borrow and Share – Instead of renting a movie borrow from a friend and watch it at home.

3. Avoid the mall – If you go to the mall you are more likely to impulse buy. You can buy clothes in shops and heck out for where you can get discounts.

4. Buy with cards – Avoid using electronic money.

5. Find a better deal and save the difference – Switch too cheaper service providers and you will save a lot of cash.

6. Curb your consumerism – Buy only what you need.

7. Stay Healthy – People spend a lot of money in hospitals which can be avoided of one eat well and did a bit of exercise.

8. Prepare for a rainy day – Even when things are going well do not be too comfortable. Always be prepared for the worst so that when it happens you will be able to handle it.

9. Stop competing – Being rich does not amount to happiness since we compare ourselves with others. Quit the competition and live a life you can manage.

10. Don’t let greed and deceit get the best of you – Most people want to get wealthy using shortcuts without caring who they step on. This is the reason why most countries struggle with corruption and even inflation. Aspire to be wealthy but use the right means.