How to avoid over expenses and have discipline

[Dickiy]

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.

I agree with you, and maybe it's the same as buying only what you need, and not relying too much on prestige that will only complicate your life, especially if you don't have full financial capability. In life, there will always be desires but it is natural because we have our own desires and have a sense of attraction to whatever we see. It is not uncommon for needs and wants to be confused, where we push for something that turns out to be a want and not a need that has an important role in our lives. But on the other hand, even if we have more money than other people, we should still have rules in life. As I mentioned above, learning to save expenses by not buying something we don't really need, it would be better if we save more or invest in one of the assets that we trust, because we never know and cannot predict what will happen in the future. There will be times when we need money suddenly and by having more savings, we will be able to minimize this and take advantage of what we have planted in the past.

But on the other hand, well I also don't force you to save all the time. because as you said, at least we should also enjoy what we have. For example, you can go on vacation once a month to some tourist attractions to please yourself. So the point is we should not overdo it in life, save the money for something more useful in the future and also give a little of what you have to enjoy once in a while as gratitude for something you have achieved.

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[Outhue]

Buying things I don't need is not the problem the majority are facing, the most popular problem is having a cup that's less fill and you are trying to use such a cup to fill others up all in the name of helping others, I am no way saying that helping people is bad but the one excuse that people use to give is that they don't know what others will say if they don't help them when they need it, that's even if they can't afford to.

Very big mistake I believe and people still keep doing so around me, it's a great disease if someone solely living their lives all because of what people will say, and trying to help people when you are barely struggling yourself is not a good idea.

Help people only when you can or with what you can afford, do not go extra mile or do things when it's hurting your future plans and your savings.

[lizarder]

Keeping track of every expense is a must and one should also include a steady spending bill to meet the needs of each month. When expenses can be properly proportioned, one can increase income to meet the basic needs needed. Another way that needs to be improved is to find a source of income for daily, monthly and yearly needs, don't forget to create a savings and investment scenario to increase a stable amount of income. This can be done on a small scale first and continues to be increased according to each individual's capabilities

Isn't it stressful when we spend more than expected, right? especially if we follow a budget, having a smart spending habit is a good way to avoid such situations or events.

Living in simplicity is the key to saving excessive expenses, take for example when you only have the ability to buy a used car, but if you are forced to buy a new car then what will happen is that we spend money beyond our means and we may have to take out a loan or drain all existing savings. The fact is that when we force a lifestyle like this it will actually cause problems, there are many people who do not include a budget that is suitable for their lives and there is no specific portion of the money spent. That is where the real problem is faced by most people in the midst of economic instability as it is now.

When someone does not have the concept of a simple life in current economic conditions, what will be faced will actually increase the number of problems that continue to be faced. In contrast to people who earn far more money than fixed expenses every day because they can make a balance between income and expenses.

[Pingrapole]

The word budget and deficit are complementary to each other and one cannot imagine the other without the other. We see different budgets Yearly budget Monthly time Weekly time and 24 hour time each budget is very important for us.
The budget is filled according to the shortage.Lack of money in the budget is a normal phenomenon of the budget A small budget leads us to improvement and accelerates development.Budgeting is very important for the state and society as well as important for people depends on the skill of the individual in making a proper budget which prepares the individual well for the future and their future.and helps them to run their jobs smoothly Expenditure should be managed in such a way that it can be met by income For each expenditure the amount of income and expenditure must first be calculated so that the work can be carried out properly.The budget should be fulfilled according to the respective situation, it will not be bad if you compare poor people with rich people should prepare a daily budget and work accordingly to create a budget that is achievable.

[Compromise me]

We can avoid over expenses by spend things in limit. We can use our resources in limit. We should not waste water. Through solar plates, we can save electricity cost. We should make list of our expenses and income, either active or passive. We should avoid to buy liabilities like buying car, motorcycle and mobile phone, these are liabilities that take out money from our money.
Through financial knowledge we can change our life because it is key to success in life. Then one should make investment plan and should invest in gold, Bitcoin and other crypt currencies. In this way, we can control our expenses. Assets are the things that put money in our pocket. Through financial knowledge, we can filter that which one is asset? And which one is liability. This thing makes country rich.

[ancafe]

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.

That is a mistake in interpreting saving and ignoring the need for food as a fulfillment of life will be much worse because we will be faced with disease problems and when someone places savings in an inappropriate amount then what will happen will only be more problem. To increase savings, what we have to do is seek more income by working in several places or building a small business according to ability and from here we can make a portion of savings that is much more stable and continues to improve.

Ignoring health for reasons of saving is a bad decision and I don't think this is the right decision. Health will be far more important than money and the better health we have, the more productive we will be in making money. How is it possible for people to save if their health is compromised and where can they get the money from.

[Russlenat]

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.

Buying a luxury item to reward yourself isn’t totally bad as long as you also have additional source of income that will cater to your wants. But if you are only earning from a single job, and is only minimal in amount, I suggest focus on your needs first, then buy only your wants if you have spare money to pay for it. That is where financial discipline should start with. If you know your priorities in your life, then you will never face a lot of troubles with your finances. Or better yet, increase your means of income so you will never struggle if ever you have cross the limits in your budget.

[YOSHIE]

Isn't it stressful when we spend more than expected, right? especially if we follow a budget, having a smart spending habit is a good way to avoid such situations or events.

Whatever tricks and tips are conveyed to deal with excessive spending and discipline, of course all of them have concepts and theories, for sure I support all of that, especially in the economic field.

But as far as I know the theory doesn't run as smoothly as it does in practice, my understanding is the discipline in spending the first is:

* We have to travel and record the expenses and income that we get monthly, to handle the economy well.

If monthly expenses are routine needs, greater than automatic income, all the tricks and tips or methods will all disappear, but if the income is greater than the expenditure of course it's a good idea to do as the OP said, fact, needs must still be met regardless of the consequences, it is impossible for people to only prioritize discipline and how to deal with economic expenses, but they themselves hold back for the necessities of life.

[topbitcoin]

Buying things I don't need is not the problem the majority are facing, the most popular problem is having a cup that's less fill and you are trying to use such a cup to fill others up all in the name of helping others, I am no way saying that helping people is bad but the one excuse that people use to give is that they don't know what others will say if they don't help them when they need it, that's even if they can't afford to.

Very big mistake I believe and people still keep doing so around me, it's a great disease if someone solely living their lives all because of what people will say, and trying to help people when you are barely struggling yourself is not a good idea.

Help people only when you can or with what you can afford, do not go extra mile or do things when it's hurting your future plans and your savings.

Circumstances are not our reason for not helping others and the best human beings are those who can benefit others. And as long as it makes me feel happy then I don't think it's something wrong to do. And how sad and guilty I feel when I'm eating food while my neighbors are hungry.
And if we wait to be rich first to be able to help others when can we start. While we can help others why not do it. and I believe that when we get sustenance, there are other people's rights in it that we are obliged to give.
We are social beings who certainly need each other.

[Yatsan]

Isn't it stressful when we spend more than expected, right? especially if we follow a budget, having a smart spending habit is a good way to avoid such situations or events.

Whatever tricks and tips are conveyed to deal with excessive spending and discipline, of course all of them have concepts and theories, for sure I support all of that, especially in the economic field.

But as far as I know the theory doesn't run as smoothly as it does in practice, my understanding is the discipline in spending the first is:

* We have to travel and record the expenses and income that we get monthly, to handle the economy well.

If monthly expenses are routine needs, greater than automatic income, all the tricks and tips or methods will all disappear, but if the income is greater than the expenditure of course it's a good idea to do as the OP said, fact, needs must still be met regardless of the consequences, it is impossible for people to only prioritize discipline and how to deal with economic expenses, but they themselves hold back for the necessities of life.

Also, it would be easy creating a plan or tracking your expenses but it is hard to actualize simply because of circumstances. I do agree with daily needs and necessities which are quite non-negotiable. However  if that's the case then it is one's source of income which should be changed if such thing is not applicable to your daily expenses. You'd only choose between creating an adjustment with your daily budget to be spent or increase the amount you can spend. Discipline on the other hand is not something you would wish and happen in an instant. It depends simply on the individual whether he'd create positive changes or just endure problematic situation.

[Cling18]

Buying things I don't need is not the problem the majority are facing, the most popular problem is having a cup that's less fill and you are trying to use such a cup to fill others up all in the name of helping others, I am no way saying that helping people is bad but the one excuse that people use to give is that they don't know what others will say if they don't help them when they need it, that's even if they can't afford to.

Very big mistake I believe and people still keep doing so around me, it's a great disease if someone solely living their lives all because of what people will say, and trying to help people when you are barely struggling yourself is not a good idea.

Help people only when you can or with what you can afford, do not go extra mile or do things when it's hurting your future plans and your savings.

Circumstances are not our reason for not helping others and the best human beings are those who can benefit others. And as long as it makes me feel happy then I don't think it's something wrong to do. And how sad and guilty I feel when I'm eating food while my neighbors are hungry.
And if we wait to be rich first to be able to help others when can we start. While we can help others why not do it. and I believe that when we get sustenance, there are other people's rights in it that we are obliged to give.
We are social beings who certainly need each other.

Helping is something that I couldn't quit doing but of course, I know my limitations. It's just that the feeling of helping others brings an exceptional feeling that no amount of money can buy. The gratefulness of the people around us after receiving help from us is really overwhelming. Helping doesn't necessarily mean that we need to spend everything that we have for them but by just simply sharing our blessings to those who are badly in need.

To control over spending, we need to discipline ourselves. We should know our boundaries and focus on our needs over our wants. It's better to control our urges to buy stuff that we don't really need than to regret things and suffer in the end.

[Japinat]

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.

That is a mistake in interpreting saving and ignoring the need for food as a fulfillment of life will be much worse because we will be faced with disease problems and when someone places savings in an inappropriate amount then what will happen will only be more problem. To increase savings, what we have to do is seek more income by working in several places or building a small business according to ability and from here we can make a portion of savings that is much more stable and continues to improve.

Ignoring health for reasons of saving is a bad decision and I don't think this is the right decision. Health will be far more important than money and the better health we have, the more productive we will be in making money. How is it possible for people to save if their health is compromised and where can they get the money from.

You both are right. Health is wealth as well, that’s why it should always come in priority. While saving is a positive habit, but you should only save when you are capable to save, and not putting other things in compromised just to make it happen. Furthermore, the only way to save more is to increase your income. Do not settle in just one job. Add some side hustles that fit your skills. If not, develop your skills so you can be fit to your chosen side jobs.

[Oilacris]

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.

That is a mistake in interpreting saving and ignoring the need for food as a fulfillment of life will be much worse because we will be faced with disease problems and when someone places savings in an inappropriate amount then what will happen will only be more problem. To increase savings, what we have to do is seek more income by working in several places or building a small business according to ability and from here we can make a portion of savings that is much more stable and continues to improve.

Ignoring health for reasons of saving is a bad decision and I don't think this is the right decision. Health will be far more important than money and the better health we have, the more productive we will be in making money. How is it possible for people to save if their health is compromised and where can they get the money from.

You both are right. Health is wealth as well, that’s why it should always come in priority. While saving is a positive habit, but you should only save when you are capable to save, and not putting other things in compromised just to make it happen. Furthermore, the only way to save more is to increase your income. Do not settle in just one job. Add some side hustles that fit your skills. If not, develop your skills so you can be fit to your chosen side jobs.

Despite on not having that sufficient income or really that struggling on daily living but i dont really make myself having that kind of irresponsible behavior when it comes to health.I do always really

make priority when it comes to this because we know that health is really indeed wealth.It would be pretty useless if you do have the richness of this world but you are sick and does have that health problems.Its never been worth or something that we do really like to happen. This is why you should really be having that kind of balance.Its not really that bad on taking up measures for you to be able to earn more and exerting much effort and time but dont really forget your body and its limitation because once you do abuse it then time will come that it would break down which it would
be resulting into much more harder problem.

If you do see that you are only earning that sufficient for your daily living or survival, then why would really be deciding for you to spend more on what you do earn?
It doesnt really make have any sense on why people do really have this kind of mindset.

[Pamadar]

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.

That is a mistake in interpreting saving and ignoring the need for food as a fulfillment of life will be much worse because we will be faced with disease problems and when someone places savings in an inappropriate amount then what will happen will only be more problem. To increase savings, what we have to do is seek more income by working in several places or building a small business according to ability and from here we can make a portion of savings that is much more stable and continues to improve.

Ignoring health for reasons of saving is a bad decision and I don't think this is the right decision. Health will be far more important than money and the better health we have, the more productive we will be in making money. How is it possible for people to save if their health is compromised and where can they get the money from.

You both are right. Health is wealth as well, that’s why it should always come in priority. While saving is a positive habit, but you should only save when you are capable to save, and not putting other things in compromised just to make it happen. Furthermore, the only way to save more is to increase your income. Do not settle in just one job. Add some side hustles that fit your skills. If not, develop your skills so you can be fit to your chosen side jobs.

That's the best thing, developed additional skills and find side hustle that can give you decent amount of profits to add to your finances, with such kind of addition you'll be able to save more.

Just like what you said, don't compromised your health as it's important to address concerns about
your mental and physical capabilities, with all being set and done you'll be able to established good
financial stand avoid any problem in the future.

[serjent05]

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.

That is a mistake in interpreting saving and ignoring the need for food as a fulfillment of life will be much worse because we will be faced with disease problems and when someone places savings in an inappropriate amount then what will happen will only be more problem. To increase savings, what we have to do is seek more income by working in several places or building a small business according to ability and from here we can make a portion of savings that is much more stable and continues to improve.

Ignoring health for reasons of saving is a bad decision and I don't think this is the right decision. Health will be far more important than money and the better health we have, the more productive we will be in making money. How is it possible for people to save if their health is compromised and where can they get the money from.

You both are right. Health is wealth as well, that’s why it should always come in priority. While saving is a positive habit, but you should only save when you are capable to save, and not putting other things in compromised just to make it happen. Furthermore, the only way to save more is to increase your income. Do not settle in just one job. Add some side hustles that fit your skills. If not, develop your skills so you can be fit to your chosen side jobs.

Greatly said, I can't agree more, while we are into investment and activity that can lead us to profit and earn money, we also need to invest in our health.  If we avoid getting sick, our productivity will never be hindered.  Imagine working overtime on a daily basis for a month just to end up getting sick the following days.  This kind of scenario will cost us a lot of money and at the same time hinder our productivity.  If we do not want to prioritize our health then at least make our activity balance so that our body won't be overworked.  Having everything in harmony is also one way of preserving our health and make us more productive in creating wealth through different sources.

[Iroh]

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.

Yes. I’m glad someone understands you don’t get disciplined overnight. It takes a lot of time along with regular practice and patience to be able to be consistent and in the long run, disciplined.
Sure, discipline is important and it would take some good level of discipline for an extravagant spender to quit spending funds on irrelevant things that are not needed.

But discipline can’t be instilled into anyone overnight. It’s a gradual and consistent process to get a little bit of discipline to curb any habit. In this case, spending on irrelevant things.
A middle income earner with an already disciplined mind would probably not be spending funds getting irrelevant things that are not really needed.

[ancafe]

You both are right. Health is wealth as well, that’s why it should always come in priority. While saving is a positive habit, but you should only save when you are capable to save, and not putting other things in compromised just to make it happen. Furthermore, the only way to save more is to increase your income. Do not settle in just one job. Add some side hustles that fit your skills. If not, develop your skills so you can be fit to your chosen side jobs.

Health must be the main concern that we need to take care of because we can get productivity if our health is not disturbed, therefore health is something that is far more important to prioritize. There are several methods if someone wants to save to reach a better financial stage, working in several places will also drain energy, mind and can also affect health, especially when the work we do takes energy. I prefer to develop a business even though it is small or you can also try to invest in bitcoin according to the capital we have, over time if done correctly we will definitely be able to increase slowly.

Improve skills and try to evaluate any deficiencies in the previous steps that we took, so that there will be big changes when life can always be used as a lesson for the shortcomings that were obtained before. Vice versa regarding the work that we do, whether it's building a business or trying to invest because by evaluating it we know where there are deficiencies and mistakes that need to be improved.

[dothebeats]

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.

Yes. I’m glad someone understands you don’t get disciplined overnight. It takes a lot of time along with regular practice and patience to be able to be consistent and in the long run, disciplined.
Sure, discipline is important and it would take some good level of discipline for an extravagant spender to quit spending funds on irrelevant things that are not needed.

But discipline can’t be instilled into anyone overnight. It’s a gradual and consistent process to get a little bit of discipline to curb any habit. In this case, spending on irrelevant things.
A middle income earner with an already disciplined mind would probably not be spending funds getting irrelevant things that are not really needed.

I agree with both of you. It will take a good amount of trial and error before you can instill discipline in yourself. You will have to learn how, when, and what in realtime, by experiencing things in order for you to actually apply such changes. You have to gradually and organically grow through a process that will be filled with hurdles, issues, problems, defeat, and success. You have to be patient, understanding, and is actually willing to learn and not just there for the first ride.

[xSkylarx]

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.

Yes. I’m glad someone understands you don’t get disciplined overnight. It takes a lot of time along with regular practice and patience to be able to be consistent and in the long run, disciplined.
Sure, discipline is important and it would take some good level of discipline for an extravagant spender to quit spending funds on irrelevant things that are not needed.

But discipline can’t be instilled into anyone overnight. It’s a gradual and consistent process to get a little bit of discipline to curb any habit. In this case, spending on irrelevant things.
A middle income earner with an already disciplined mind would probably not be spending funds getting irrelevant things that are not really needed.

I agree with both of you. It will take a good amount of trial and error before you can instill discipline in yourself. You will have to learn how, when, and what in realtime, by experiencing things in order for you to actually apply such changes. You have to gradually and organically grow through a process that will be filled with hurdles, issues, problems, defeat, and success. You have to be patient, understanding, and is actually willing to learn and not just there for the first ride.

Mistakes are really the best teacher because they are where you can learn. This is like telling a child to go slow because of the possibility that he might stumble, but again, a child won't know it unless he stumbles. Even with my salary right now, there are really times that I lose my discipline, like when there is stuff that I really want that I go buy, and after that, you'll realize that you are already in a hard situation, so you'll be suffering that time until your next salary. We really need to learn it the hard way before really getting into it.

[Etranger]

Or better yet, increase your means of income so you will never struggle if ever you have cross the limits in your budget.

That was exactly my point. I believe, a focus on increasing sources of income could really make a difference in someone's life, compared to just provision of basic needs. Because it motivates to change conditions for the better ones. While exceptional ensuring basic needs keeps you in the same place you were before without any movements ahead.