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Be A Pro At Budgeting With These Mind-blowing Tips

Leaving aside the colonial mindset, won’t you agree that human beings love to exercise control? Be it on their pet or the TV remote, controlling is something they absolutely love to do! In such a case, won’t you like controlling your finances and not letting the situation turn the other way round?

Money is like a powerful current of water; you know when it’s approaching towards you, but it remains beyond your acknowledgment when it gains momentum and dashes you away. And often, you land up in a colossal pile of debts.


Karolina Grabowska/Pexels | Budgeting helps you keep track of how much money is flowing in and out of your hands every month

The only way to stay afloat is to prepare a “budget”. If you hate this word, read this as “control”! Not only does it keep a track of how much money is flowing in, but also of how much is flowing out. So from there, you’d get an idea about the areas that require changes. 

Whatever you do, please don’t stress yourself out; read our rundown of four mind-blowing budgeting hacks to get started.

#1 – Prepare a list before hitting the grocery store

It’s really commendable that you’re buying groceries rather than ordering home service or eating out every day. You save a lot of your pennies there! However, hitting the grocery stores without a proper list can prove to be heavy on your pocket.

The reason for that being, groceries are way too alluring; as if all the things on the racks sweetly request you to take them home!  If you don’t want to fall into that trap, make a list of what you need for the month and stick to it.


Anna Shvets/Pexels | Hitting the grocery stores without a proper list can prove to be heavy on your pocket

#2 – Just walk it off, babe!

Human beings are some distant cousins of pandas; ask them to lay on the couch all day, they’ll bring home gold medals! Not to mention of course, they hate to walk. Consequently, they board a bus or get a cab every time they go out. According to a study, a good part of our income is spent on transport. So, if you want to cut back on your expenses, walk that extra mile and shed off your extra kilos while you’re at it.

#3 – Be a financial sleuth!

Now, this sounds interesting! If you’ve been eyeing something for a very long time, financial experts advise you to get hold of information first. That is, procure as much information as you can about the prices, pros and cons, return policy, payment options, and warranties. Often, stores give sales and offer on special occasions. So, instead of rushing, just do this preliminary work, and there are high chances of saving a good deal.

#4 – Hold monthly budget meetings

This may sound weird but budget meetings with your family greatly help you to stick to the plan. But what exactly is a budget meeting? It simply means that you monitor your savings, expenses, the progress you’ve made, and the changes you need to implement every month. While it is a must if you’re married, it’s not to be avoided if you’re single either. 


Mimi Thian/Unsplash | Every month, you need to monitor your savings, expenses, the progress you’ve made, and the changes you need to implement

Wrapping it up

Budgeting is difficult; even the greatest nations fail to stick through. However, it’s a crucial step that is to be followed till the last day of our lives. 

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