The Financial Mindset is a predetermined set of beliefs about money. Although you cannot verbalize what your mindset is, it still exists. We all have this set of beliefs within us! It is important to note that your financial mindset affects the energy you give off and the energy you receive. With a new decade, it is high time to refresh your finances with your financial resolutions or goals. Laying out your new financial resolutions or goals can help shift
How you spend your dollar is just as important to your financial health as your decision to save or to pay for debt. Savvy spending habits keep you from overspending on an item or a service. Nobody needs a stack of infomercial items paid for by impulse buying. Spending smartly by kicking your bad habits to the curb allows your dollar to go further. Lead a resolute year by leaving these spending habits in 2019! A better 2020 is up
Do you seek to attain financial independence? Well, you may consider taking “frugality” at heart. Frugality is the quality of being thrifty, prudent, or economical in the consumption of consumable resources (e.g., food). This quality is embodies while avoiding waste and extravagance. For people who are mystified by this term, keep reading along. MYTH #1: FRUGAL PEOPLE HAVE NO CHOICE For a fortunate number of people, frugality is a choice. They see frugality as a method to create a strong
Unfortunately waving a wand will not help you to cut down your spending. Instead, here are some practical tips that you may start with! #1: THE 30-DAY RULE When you spot a tempting item from the mall, wait until 30 days before purchasing it. Write it down on a list of pending items. When a month has passed, cross out the items that you are willing to skip on. The only exceptions to this rule are groceries and other fixed
1. Visit the nearby grocery while you are hungry. Shopping hungry typically leads to adding unnecessary items to your cart. You will be amazed by the length of your receipt! 2. ATMs are easily accessible in Singapore. So, draw more money that what you actually need. Your S$40 can disappear as quickly as drawing only S$20. 3. Embrace tardiness! Paying the bills late takes you back by a decent amount due to the late fees and surge in interest rates.