At Super-Advice we are about all things financial, but more importantly, helping people understand so they can get ahead financially.
In today’s blog post, we share part one on some money-saving hacks to remain debt free.
Live within your means
Don’t spend more money than you make from your pay.
The easiest way to spend more money than you make from your pay is to buy things on credit, to use a credit card, store cards, vehicle loans and all that sort of stuff, because what ends up happening is you’ve got a payment here and you’ve got a payment there, and you’ve got a payment here, and you got a payment there.
You get the initial buzz of having your new thing. But at the end of the day, all you’ve done is you’ve robbed future you of their income.
Invest in yourself
The best thing any person can do is invest in yourself. Whatever that may be. Make yourself better.
Better at earning money, better at understanding how money moves around your household, better at budgeting, better at understanding how debt screws you and all these things.
You can simply do it by spending an hour a week or half an hour a week watching financial tips on YouTube. It’s that easy! But once you are investing in yourself, you’ll just become a better version of yourself and likely attract more opportunities and ultimately more money!
Invest in yourself.
Automate your finances
Every fixed expense that you have, rent, power rates, internet and insurance. Make sure that they are set up with a direct debit or automatic payment straight out of your bank account.
It is the best way to budget and pay all of your fixed expenses.
Add them up, automate them, your pay comes in, and bills go out.
Then whatever leftover you have is yours to try and save as much as possible.
Automate your finances.
That’s a wrap
So what do you think? What money-saving tips have you tried?
If you need any financial help or advice please get in touch with us at Super-Advice.