Are you single? Do you live alone? In that case, budget issues are prone to arise. For frugal living tips, here are some ideas and ways to save some bucks
Tip 1
Draw up a budget: It is said that single people tend to spend more on basic living; hence it is always better to plan out things beforehand. Outline your monthly expenses against your income and note down things that are an important buy for the month. You don’t have to elaborate your budget; just basic expenses will help you track your money.
Tip 2
Balance your lifestyle and income: There will be times when you may have to compromise on your luxurious lifestyle while living alone. Downsize your lavish outings with friends and colleagues and curb your comfort needs for a month or two. This will help your income flow freely month after month.
Tip 3
Spend thriftily: Almost every woman loves to shop. Try not to be a compulsive shopper. Learn to control your shopping habits. This will help you manage your expenses better.
Tip 4
Save smartly: Saving money is not everyone’s forte. If you fall in that category, try and keep some cash out of your reach in your cupboard, where you can’t always see it. You can also open a savings account in your bank and keep your debit cards at home.
This will stop you from withdrawing money unnecessarily.
