How do you control the amount of money spent on the personal expenses?

[Xtynehappy]

For me l always like spending money only on the most wanted and basic items in my household. I however avoid spending on other unnecessary items.

 

[Starmix]

In my case, I list down the essential needs at home and my personal needs. For my personal needs I buy them monthly and for family needs, weekly.

 

[pousinha]

I mainly replace the same food and drugs I use on a daily basis and the amount on credit cards I see when I open the app is very helpful.

 

[eLdavis]

One way I do this is by having a budget I work with, and I know my needs from my needs so I only focus on it.

 

[Starmix]

Set aside only the amount intended only in that day of your shopping for personal needs and bills. Do not overspend or else you will run out of budget.

 

[Xtynehappy]

I sometimes find it difficulty to stick to the budgets that's why I mostly misuse my money.

 

[Starmix]

It is best to control the demands of our feelings because it is not easy to find money. Money does not grow on a tree but from our sweats.

 

[Springtime]

I never spend more than I earn, And I just buy things I need.

 

[Starmix]

Me, too , I only buy what I need. Sometimes it is hard to control he he but if I won't do it I will be out of budget.

 

[freelancermaria]

I prioritize essential items such as food, water, and medicines. I avoid unnecessary expenses that do not add value to my life.

 

[pousinha]

The mishap comes when the cost of the strictly basic items overcomes your salaries (a very common mishap in both my former and current countries). The only escape is to eat cold meals (not so good for our health if it continues like this during a long period) to avoid purchasing the expensive gas cylinder, or worse, to skip meals to not overcome your income.

 

[Starmix]

When I go to a shopping center I will only bring cash intended to the items I want to buy to avoid buying not part of my budget and list.

 

[Kera]

Budgeting is the key to having a total control of how much you spend on your personal expenses. You would be able to cut out personal expenses that are not necessary with budgeting.

 

[Starmix]

Self-discipline and self-control are a must to avoid feeling broke if overspend. Regret happens in the end, so we have to avoid it to come our way.

 

[Suba]

There are several ways that I have implemented in controlling my personal finances, such as stopping using credit cards so as not to increase debt, only shopping according to needs, increasing investment instruments, although I also set aside money for entertainment funds.

 

[Starmix]

With the situation of our economy it's needless to say that we must control our extravagance. I can manage my spending by using only cash no credit card. It's a temptation. There is no stopping especially if the credit limit is huge.

 

[klassicdoll]

Personally, I follow the 50/30/20 rule. I spend 50% on needs, 30% on wants, and save 20%. It helps me manage my finances effectively while still allowing for enjoyment and future planning.

 

[Augusta]

I try to take control of expenses by budgeting for them and I try to take control of them too

 

[eLdavis]

I sometimes find it difficulty to stick to the budgets that's why I mostly misuse my money.

It's understandable, it takes time to get use to it. Just know your needs from your wants, then set a target for yourself. It will help you.

 

[Augusta]

Yes set a target for yourself and don't go beyond it. you can distract your self with other things that don't need spending money