Month: July 2022

It is all about perspective….Who’s perspective? Well, I suppose the person answering the questions. You see, everyone has a unique perspective on a subject. It is based on their experiences, wants and thoughts. No one perspective is correct. Here is an example of perspective on spending…

You go to the store and buy an item for $750 that normally costs $1000. One perspective is that you saved $250. Another perspective is that you spent $750. Both could be correct. Which perspective do you agree with? For me the only way to save money is to not spend it…My perspective is that you spent $750.

Again, it’s all about perspective.

If you think money is tight now, just wait.…It will likely be tighter in the future. Interest rates and inflation will most likely continue to increase over the next year or two. So, what can be done to relieve some of that stress that comes when funds are tight? Here are a few simple ideas that could help.

• Stop paying for apps on your phone. Live with the commercials.
• Stop paying for subscriptions and memberships.
• Use the public library and parks for entertainment.
• Reduce the number of streaming services.
• Stop paying for warranties or insurance on purchases.
• Eat at home. Have drinks at home. Watch movies at home.

These things won’t make you wealthy, but they might help reduce the financial stress just a bit. It is tough living paycheck to paycheck. And to change that, you will need to start doing things differently.