How to avoid over expenses and have discipline

[Davian144]

If you are low in income, you should have more discipline in your budget and not overspend because if we do, that is where we get problems, and we tend to take out a loan or borrow money from someone, and that is where the endless playing on our borrowed money starts, which affects our budget. Though you will still need to budget if you have a big income, again, those with lower incomes are affected the most as they are just earning low.

Actually making budgeting funds in the lives of each of us does not only apply to those with low incomes even though the impact of greater difficulties is always more easily felt by those with low incomes in their lives. But for those who have a larger income or the amount of income above the average income of other people, they must also budget for their own lives so that they can also learn to be more efficient and always stay away from difficulties.

Even though in each month people who have large incomes always have more money for them to use and enjoy according to their own will. However, there will also be times when they will experience difficulties when they cannot be frugal in their life, because large expenses with large levels of income also do not mean it will be very good for life. Especially if some people don't remember to save when they have a larger amount of income in their life, even though they themselves may not experience difficulties, their family may experience difficulties when they are no longer able to work to make money in life or when they have nothing in this world.

[Dickiy]

If you are low in income, you should have more discipline in your budget and not overspend because if we do, that is where we get problems, and we tend to take out a loan or borrow money from someone, and that is where the endless playing on our borrowed money starts, which affects our budget. Though you will still need to budget if you have a big income, again, those with lower incomes are affected the most as they are just earning low.

Actually making budgeting funds in the lives of each of us does not only apply to those with low incomes even though the impact of greater difficulties is always more easily felt by those with low incomes in their lives. But for those who have a larger income or the amount of income above the average income of other people, they must also budget for their own lives so that they can also learn to be more efficient and always stay away from difficulties.

Even though in each month people who have large incomes always have more money for them to use and enjoy according to their own will. However, there will also be times when they will experience difficulties when they cannot be frugal in their life, because large expenses with large levels of income also do not mean it will be very good for life. Especially if some people don't remember to save when they have a larger amount of income in their life, even though they themselves may not experience difficulties, their family may experience difficulties when they are no longer able to work to make money in life or when they have nothing in this world.

Well and actually rich or poor a person or a family they still have to manage all the costs of life. Rules are something that must be applied in any case, because if not then we will behave arbitrarily in using it. Moreover, this is a matter of money, if they are people who have more income than other people in general they must also still have some rules by applying budget limits, because otherwise the money they have will not last long.  We are living human beings who always want whatever we think is attractive and also we always have greed in us. Not buying something that we don't really need is a very good choice, it's better to save some of the money we have for other purposes, we never know that we could experience something that cannot be predicted and at that time we will need money urgently.
Saving on expenses would be better and only buying something that we really need and can provide good feedback for us would be better.

[dothebeats]

If you are low in income, you should have more discipline in your budget and not overspend because if we do, that is where we get problems, and we tend to take out a loan or borrow money from someone, and that is where the endless playing on our borrowed money starts, which affects our budget. Though you will still need to budget if you have a big income, again, those with lower incomes are affected the most as they are just earning low.

Actually making budgeting funds in the lives of each of us does not only apply to those with low incomes even though the impact of greater difficulties is always more easily felt by those with low incomes in their lives. But for those who have a larger income or the amount of income above the average income of other people, they must also budget for their own lives so that they can also learn to be more efficient and always stay away from difficulties.

Even though in each month people who have large incomes always have more money for them to use and enjoy according to their own will. However, there will also be times when they will experience difficulties when they cannot be frugal in their life, because large expenses with large levels of income also do not mean it will be very good for life. Especially if some people don't remember to save when they have a larger amount of income in their life, even though they themselves may not experience difficulties, their family may experience difficulties when they are no longer able to work to make money in life or when they have nothing in this world.

Well and actually rich or poor a person or a family they still have to manage all the costs of life. Rules are something that must be applied in any case, because if not then we will behave arbitrarily in using it. Moreover, this is a matter of money, if they are people who have more income than other people in general they must also still have some rules by applying budget limits, because otherwise the money they have will not last long.  We are living human beings who always want whatever we think is attractive and also we always have greed in us. Not buying something that we don't really need is a very good choice, it's better to save some of the money we have for other purposes, we never know that we could experience something that cannot be predicted and at that time we will need money urgently.
Saving on expenses would be better and only buying something that we really need and can provide good feedback for us would be better.

I agree with you. No matter how rich a rich person is, money is not limited. Having rules to follow is the best way to go, no matter what your financial situation is. It ensures stability and smart financial choices that your future self will surely thank you. Additionally, most often than not, it is very noticeable that the rich even holds more financial rules and policies as they need to be responsible for their money to ensure that it runs out cause they have so much to lose.

[Juse14]

Discipline is really needed even in all aspects. With time discipline there are many things we can do, with discipline it makes us better at behaving. So with financial discipline, we will be wiser in managing expenses.

Self-awareness is very important to do to prevent us from doing reckless things when shopping. And I always try to do both of those things. It is very difficult to do and I admit that, at first it might be easy to do these two things, but this cannot last long with the many temptations and encouragement from outside that make our determination waver.

I agree with the attitude and self-awareness of each of us to avoid unnecessary excessive spending, saving money is far more important in current economic conditions and if this discipline can be applied then at least we can adapt to changing economic conditions. Everyone has responsibilities towards their family and when the fulfillment of life as a support for basic needs is not fulfilled, family conditions will be much more difficult so we have to manage spending patterns very well.

Even though there is a temptation every time we see something to spend, when we are reminded of the basic needs that must be met, sometimes we will undo to buy something that is not really needed. Maintaining the stability of spending and meeting the needs of life with family are important and different things when someone doesn't have children and a wife because their responsibilities are not too big.

As you get older, your needs continue to increase. In this case we also need to expand our business so that our needs can be met and we can have savings.

When it comes to saving, many people save money by reducing rations or reducing adequate food intake. They do this to save money, but what happens is it weakens our immune system and makes us more susceptible to disease. which in the end they spend their savings to go to the hospital.

Saving is important, but don't let it affect your health. If we want to save money, we must not depend on just one job. In the sense that we have to open a new business or look for side jobs such as trading and others, so that we have additional income to save.

[Etranger]

Well and actually rich or poor a person or a family they still have to manage all the costs of life. Rules are something that must be applied in any case, because if not then we will behave arbitrarily in using it. Moreover, this is a matter of money, if they are people who have more income than other people in general they must also still have some rules by applying budget limits, because otherwise the money they have will not last long.  We are living human beings who always want whatever we think is attractive and also we always have greed in us. Not buying something that we don't really need is a very good choice, it's better to save some of the money we have for other purposes, we never know that we could experience something that cannot be predicted and at that time we will need money urgently.
Saving on expenses would be better and only buying something that we really need and can provide good feedback for us would be better.

Yes, people who have more than many others also need to stick to some rules, but I believe these rules are about making more money than about spending less. Limiting your desires will not save the money you have. Your emotional state will suffer and you will be focused on the fact that you are missing something. And in order to save and multiply funds, you need to be focused on how it can be done, and for this you need to be motivated. And what motivates better than one's own desires?

[|MINER|]

In today we face various kinds of problem for only over expenses I would like to thank you to bring this topic in front of us. However, I myself have had a situation where I took out a loan to buy a car that I couldn't afford and then ended up incurring additional interest on the loan for not repaying the loan on time. I have learned from this that I will not make such expenses again in the future. However, currently there is some variation in income and expenditure. I think if someone follows the above rules, maybe a beautiful discipline will come in his life. But the main fact is whether we can follow them, I mean how long we can follow them.  For this we have to be strong first

[Sanitough]

It is really annoying to fall short of funds when allocating the budget to our needs.  This list are helpful in guiding one on how to keep our expenses on tab and avoid the frustration of falling short of funds even though we always try to look for extra funds to fill our needs.

Setting the budget and knowing the reason why we always have shortage is a good way to troubleshoot our financing activitives.

It is not annoying but it is depressing, knowing that I already work hard but earnings seems still not enough to live even for a basic life. Don't get me wrong, I'm already budgeting with that current state.

I can only feel a little relief when I win a small amount in gambling. Don't worry, as I only use small amounts as my capital though I still have this regret whenever I lose, thinking that this small money will be a good addition already to my important spending. Oh well, at least I had a good time. Extra funds won't be called like that for no reason. They are only a small amount so don't expect that it can always fill the lack in our spending list.

Completely depressing if you are trying to do everything to make your budget fit enough but still in the end, you still fall out of budget. Sometimes it’s not only the minimum wage earners suffer from this but even those high earners, probably because there are more than bills and expenses than their earnings and savings. However, when I gamble, I reserved a different budget for that, spare money that I can easily afford to lose. If I lose, that would be okay but it will be a lot satisfying if we gamble and then we end up doubling or tripling our capital.

[Fatunad]

Well and actually rich or poor a person or a family they still have to manage all the costs of life. Rules are something that must be applied in any case, because if not then we will behave arbitrarily in using it. Moreover, this is a matter of money, if they are people who have more income than other people in general they must also still have some rules by applying budget limits, because otherwise the money they have will not last long.  We are living human beings who always want whatever we think is attractive and also we always have greed in us. Not buying something that we don't really need is a very good choice, it's better to save some of the money we have for other purposes, we never know that we could experience something that cannot be predicted and at that time we will need money urgently.
Saving on expenses would be better and only buying something that we really need and can provide good feedback for us would be better.

Yes, people who have more than many others also need to stick to some rules, but I believe these rules are about making more money than about spending less. Limiting your desires will not save the money you have. Your emotional state will suffer and you will be focused on the fact that you are missing something. And in order to save and multiply funds, you need to be focused on how it can be done, and for this you need to be motivated. And what motivates better than one's own desires?

Or this one;
3. Break down luxury expenses

You would really be able to save yourself on total wreckage because of unwise spending due to those luxury expenses. This is only good if you do really have that extra but if you are really just that earning
sufficient then it would be a bad idea if you do really let yourself having this kind of behavior. Sooner or later you would really be able to find out yourself on big trouble on the time that you had realized
that you had already spend your life savings which is something that must kept and be used on emergencies or important matters and not on buying up useless things or craps.

This is where people do usually misses out on which making on doing things which arent supposed to be done because if you do then you would really be ending up on a disaster but well there are people
who doesnt bother or care about those consequences or effects until they would be able to realize those mistakes. Common behavior of human being is that whenever they do want a thing then they would
definitely do and dont care nor mind about the after effects.

[serjent05]

Well and actually rich or poor a person or a family they still have to manage all the costs of life. Rules are something that must be applied in any case, because if not then we will behave arbitrarily in using it. Moreover, this is a matter of money, if they are people who have more income than other people in general they must also still have some rules by applying budget limits, because otherwise the money they have will not last long.  We are living human beings who always want whatever we think is attractive and also we always have greed in us. Not buying something that we don't really need is a very good choice, it's better to save some of the money we have for other purposes, we never know that we could experience something that cannot be predicted and at that time we will need money urgently.
Saving on expenses would be better and only buying something that we really need and can provide good feedback for us would be better.

Yes, people who have more than many others also need to stick to some rules, but I believe these rules are about making more money than about spending less. Limiting your desires will not save the money you have. Your emotional state will suffer and you will be focused on the fact that you are missing something. And in order to save and multiply funds, you need to be focused on how it can be done, and for this you need to be motivated. And what motivates better than one's own desires?

Or this one;
3. Break down luxury expenses

You would really be able to save yourself on total wreckage because of unwise spending due to those luxury expenses. This is only good if you do really have that extra but if you are really just that earning
sufficient then it would be a bad idea if you do really let yourself having this kind of behavior. Sooner or later you would really be able to find out yourself on big trouble on the time that you had realized
that you had already spend your life savings which is something that must kept and be used on emergencies or important matters and not on buying up useless things or craps.

This is where people do usually misses out on which making on doing things which arent supposed to be done because if you do then you would really be ending up on a disaster but well there are people
who doesnt bother or care about those consequences or effects until they would be able to realize those mistakes. Common behavior of human being is that whenever they do want a thing then they would
definitely do and dont care nor mind about the after effects.

Luxury expenses are expenses that is not needed by a person.  It isn't a necessity or basic need so if we are planning to avoid over expenses, we must trash this one on our list of activities and don't allocate budget to it, instead, the money that should be put into that luxurious activities can be put to savings and emergency savings.

This way a person will be able to accumulate good amount of money and he can have funds for investment if he decided to invest it on certain investment venture.

[dothebeats]

Well and actually rich or poor a person or a family they still have to manage all the costs of life. Rules are something that must be applied in any case, because if not then we will behave arbitrarily in using it. Moreover, this is a matter of money, if they are people who have more income than other people in general they must also still have some rules by applying budget limits, because otherwise the money they have will not last long.  We are living human beings who always want whatever we think is attractive and also we always have greed in us. Not buying something that we don't really need is a very good choice, it's better to save some of the money we have for other purposes, we never know that we could experience something that cannot be predicted and at that time we will need money urgently.
Saving on expenses would be better and only buying something that we really need and can provide good feedback for us would be better.

Yes, people who have more than many others also need to stick to some rules, but I believe these rules are about making more money than about spending less. Limiting your desires will not save the money you have. Your emotional state will suffer and you will be focused on the fact that you are missing something. And in order to save and multiply funds, you need to be focused on how it can be done, and for this you need to be motivated. And what motivates better than one's own desires?

Or this one;
3. Break down luxury expenses

You would really be able to save yourself on total wreckage because of unwise spending due to those luxury expenses. This is only good if you do really have that extra but if you are really just that earning
sufficient then it would be a bad idea if you do really let yourself having this kind of behavior. Sooner or later you would really be able to find out yourself on big trouble on the time that you had realized
that you had already spend your life savings which is something that must kept and be used on emergencies or important matters and not on buying up useless things or craps.

This is where people do usually misses out on which making on doing things which arent supposed to be done because if you do then you would really be ending up on a disaster but well there are people
who doesnt bother or care about those consequences or effects until they would be able to realize those mistakes. Common behavior of human being is that whenever they do want a thing then they would
definitely do and dont care nor mind about the after effects.

Luxury expenses is what it basically is, luxury. Hence, only those who have the capacity and enough financial privilege should be able to enjoy such luxury, or else it wouldn't be luxury at all. What I'm saying is, that people should know what they are capable of buying and what they are pushing to buy despite the risk it will cause to their budget and financial plans. Most often than not, individuals find it a need to buy something luxurious to reward themselves for working hard and earning a good pay without even thinking and realizing that some luxury are not within their realm of financial capability.

[Baki202]

In today we face various kinds of problem for only over expenses I would like to thank you to bring this topic in front of us. However, I myself have had a situation where I took out a loan to buy a car that I couldn't afford and then ended up incurring additional interest on the loan for not repaying the loan on time. I have learned from this that I will not make such expenses again in the future. However, currently there is some variation in income and expenditure. I think if someone follows the above rules, maybe a beautiful discipline will come in his life. But the main fact is whether we can follow them, I mean how long we can follow them.  For this we have to be strong first

The issue with everything is that it is difficult to keep costs under control these days, and the fact that inflation is on the horizon indicates that prices are rising. These days, keeping up is quite difficult because everyone takes out loans for various purposes. When it comes to finances, cutting costs and focusing on one issue at a time—especially when there is a difference between income and expenses—are the finest things a person can do. And most importantly having scale of preference, knowing what you want and what you need.

[Etranger]

Most often than not, individuals find it a need to buy something luxurious to reward themselves for working hard and earning a good pay without even thinking and realizing that some luxury are not within their realm of financial capability.

If they buy such things using credits or loans, then it is not an effective way to organise their financial environment. However, satisfying the desire to own some expensive things, even when it goes beyond the current possibilities, can be a very good incentive to look for additional, alternative sources of income. A person is faced with a challenge and he must use his creative energy, intellectual abilities and will in order to cope with it. And it is in such situations that strong people tend to discover new and better ways.

[gunhell16]

In today we face various kinds of problem for only over expenses I would like to thank you to bring this topic in front of us. However, I myself have had a situation where I took out a loan to buy a car that I couldn't afford and then ended up incurring additional interest on the loan for not repaying the loan on time. I have learned from this that I will not make such expenses again in the future. However, currently there is some variation in income and expenditure. I think if someone follows the above rules, maybe a beautiful discipline will come in his life. But the main fact is whether we can follow them, I mean how long we can follow them.  For this we have to be strong first

I'm glad, dude, that at least this thing has given you some realization with your experiences before; at least you can relate what I'm saying anyway, if indicated in the topic that I have given here in this section. In truth, I know that all of us here, or maybe only a few, have not experienced what I have mentioned because they may be rich, but most of community here have actually gone through it.

And you're right that having discipline in just spending is really a big factor for us to avoid expenses that we don't expect to be like that. So, thanks to you too, dude.

[lixer]

Do you know being disciplined doesn't happen overnight? It's a process and there are steps you would have to take in order to be disciplined.
Having a list of what you need to purchase before going into the store is a step that helps the undisciplined individual try to remain focused on just the items on the list. Wouldn't you agree? Having a list with you when shopping so you wouldn't stray from the items listed is you literally trying to disciplined and careful on what you buy.

Someone who spends money always on irrelevant things can't overnight, become disciplined and strong willed about his spending habits.

You are right, it takes a lot of time to learn how to stay disciplined in all fields of life and not only with your finances, it takes a lot of time because you haven't been disciplined throughout your life and you all of a sudden feel the need of becoming disciplined because you see you are overspending and it is causing a lot of issues for you and your family in the long run since you are unable to have any savings or do anything extra like making an investment and stuff.

So, when you realize that, you will see yourself stuck in a pretty deep well of disorganized actions that you've been following throughout the years and now you want to get out of that will, you will definitely find it difficult to get out of it because you have already built a habit of doing all that.

[irhact]

Luxury expenses are expenses that is not needed by a person.  It isn't a necessity or basic need so if we are planning to avoid over expenses, we must trash this one on our list of activities and don't allocate budget to it, instead, the money that should be put into that luxurious activities can be put to savings and emergency savings.

We shoudn't be planning for luxury expenses if we don't have the type of money to spend for such lifestyle without thinking about what it'll do to our finances. Our budget should be for only things that are very important to us and that's food, cloth and shelter. Other expenses should come last and they should only be considered when we have taken care of the things that are most important, if you can life comfortably without luxury then do just that and stay on budget.

Instead of having luxury expenses, you can have investment expenses and this will be more profiting to you as it'll make you money and not taking money from you like what luxury expenses will do. When you start investing, you're spending money but planning for the future

[dothebeats]

Luxury expenses are expenses that is not needed by a person.  It isn't a necessity or basic need so if we are planning to avoid over expenses, we must trash this one on our list of activities and don't allocate budget to it, instead, the money that should be put into that luxurious activities can be put to savings and emergency savings.

We shoudn't be planning for luxury expenses if we don't have the type of money to spend for such lifestyle without thinking about what it'll do to our finances. Our budget should be for only things that are very important to us and that's food, cloth and shelter. Other expenses should come last and they should only be considered when we have taken care of the things that are most important, if you can life comfortably without luxury then do just that and stay on budget.

Instead of having luxury expenses, you can have investment expenses and this will be more profiting to you as it'll make you money and not taking money from you like what luxury expenses will do. When you start investing, you're spending money but planning for the future

Exactly. Luxury expenses should already be out of the window if you are already aware that your lifestyle isn't fit for that. Sometimes just having the thought of luxury is a bad temptation, because most of the time, thinking about it drives you to actually spend for it. Instead, it is better to focus on investment and savings that will have a higher chance to cause better effects on our financial status and lifestyle.

[isaac_clarke22]

2. Find out what triggers the cost
            It's important that we know this if it's stress, boredom, pressure from friends, need to follow the trend and so on. It is important that we have discipline in these things if you want to avoid overspending. For example, if you're bored, you hang out online shopping at Lazada, Amazon, and others, this habit should be replaced with something more productive, such as cleaning the house and others where you can avoid it and do something good.

Adding up to your #3, one of the best advice I got back then was that, if you cannot afford to buy the stuff or luxury twice then you cannot afford that luxury at all. Saves me plenty of money and avoids having a mental breakdown over having little money due to me really wanting to buy that fancy item that would just benefit my satisfaction for couple months if not years.

Exactly. Luxury expenses should already be out of the window if you are already aware that your lifestyle isn't fit for that. Sometimes just having the thought of luxury is a bad temptation, because most of the time, thinking about it drives you to actually spend for it. Instead, it is better to focus on investment and savings that will have a higher chance to cause better effects on our financial status and lifestyle.

Yep, true. Although I would argue sometimes that people might need a "little" things to enjoy life. Having to work over and over and not enjoy a little portion of it might hurt some people's mind in the long-term considering that they're just like "live to work" rather than "work to live".

As long as you have something to pay your bills in the upcoming months, it wouldn't hurt to somehow "enjoy little things".

[xSkylarx]

Luxury expenses are expenses that is not needed by a person.  It isn't a necessity or basic need so if we are planning to avoid over expenses, we must trash this one on our list of activities and don't allocate budget to it, instead, the money that should be put into that luxurious activities can be put to savings and emergency savings.

We shoudn't be planning for luxury expenses if we don't have the type of money to spend for such lifestyle without thinking about what it'll do to our finances. Our budget should be for only things that are very important to us and that's food, cloth and shelter. Other expenses should come last and they should only be considered when we have taken care of the things that are most important, if you can life comfortably without luxury then do just that and stay on budget.

Instead of having luxury expenses, you can have investment expenses and this will be more profiting to you as it'll make you money and not taking money from you like what luxury expenses will do. When you start investing, you're spending money but planning for the future

Exactly. Luxury expenses should already be out of the window if you are already aware that your lifestyle isn't fit for that. Sometimes just having the thought of luxury is a bad temptation, because most of the time, thinking about it drives you to actually spend for it. Instead, it is better to focus on investment and savings that will have a higher chance to cause better effects on our financial status and lifestyle.

This is really the biggest problem right now if you don't have discipline because of social media. If we've just seen a new restaurant nearby, even if it is just cheap, we tend to go out and eat there even if we still have food at home. So the temptation in social media is really huge and people tend to get tempted easily. That is why it is better to have discipline and not get easily tempted. Though this is easy to say but difficult to do, if ever I do get tempted, I always check my money and found out that there are only a few left, so I wouldn't go or buy it.

[Ayers]

Exactly. Luxury expenses should already be out of the window if you are already aware that your lifestyle isn't fit for that. Sometimes just having the thought of luxury is a bad temptation, because most of the time, thinking about it drives you to actually spend for it. Instead, it is better to focus on investment and savings that will have a higher chance to cause better effects on our financial status and lifestyle.

Yep, true. Although I would argue sometimes that people might need a "little" things to enjoy life. Having to work over and over and not enjoy a little portion of it might hurt some people's mind in the long-term considering that they're just like "live to work" rather than "work to live".

As long as you have something to pay your bills in the upcoming months, it wouldn't hurt to somehow "enjoy little things".

Although we should get rid of luxuries if they are beyond our ability to spend and should focus on saving as well as investing. But we should also not be too stingy with ourselves, we should also take out a little to reward ourselves and enjoy life. Because we only live once in life and should know how to cherish it, don't be forever passionate about chasing money to death without using it. Money is very important, but if we lose it, we can also get it back, but there are things in life that when lost are difficult to get back, so enjoy life but it must be in moderation and accordance with your ability our finances.

[Etranger]

You are right, it takes a lot of time to learn how to stay disciplined in all fields of life and not only with your finances, it takes a lot of time because you haven't been disciplined throughout your life and you all of a sudden feel the need of becoming disciplined because you see you are overspending and it is causing a lot of issues for you and your family in the long run since you are unable to have any savings or do anything extra like making an investment and stuff.

So, when you realize that, you will see yourself stuck in a pretty deep well of disorganized actions that you've been following throughout the years and now you want to get out of that will, you will definitely find it difficult to get out of it because you have already built a habit of doing all that.

The prom here is that people are not generally taught how to behave with their own money. The financial sphere of life is one of the most important, it concerns absolutely everyone, and nevertheless, we see very few examples when it is taught from childhood or at least from youth. Mostly, people learn to organize their financial situation through experience, trial and error. And even this is not a guarantee that a person will draw some productive conclusions, because we are observing a situation when most people do not have enough funds, so they live on credit, get into debt, which their children later pay off, and because of this, they are in constant stress. Although educational courses would contribute to solving these problems, of course.