How to avoid over expenses and have discipline

[Spaceman1000$]

Well the truth is that if every individual can discipline them selfs a lot wouldn't have been happening, things like disrepute while going out to get something either at the supermarket or shop when they have no enough money to pay for their bills.
Anyways the 24 hours rules is good because this is how we know what we wants throughout that day and it will also helps us to spend lesser.
Setting a budget is the most important thing, setting the budget and writing in down in a piece of paper and keeping it at a particular spots in the house were we can always see it and remember incase we gets about the budgets we have.
Finding out what trigger the cost is too easy to find, we spend the money our selfs so we can easily know what make us spend excessively and cut it short.

Of course everybody will want to spend their money with discipline but along the line a lot of unforeseen circumstances always play in.  sometimes things beyond the control of the spender will just happen, so that is why you might budget for something and it doesn't go as you plan. if everybody has gotten a financial plan on how to spend their money and it goes as planned, we will not be having a shortfall on own bills, miscellaneous sometimes  has an effect on our budget too but that can be managed.

[1714652369]

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[1714652369]

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[rachael9385]

Well the truth is that if every individual can discipline them selfs a lot wouldn't have been happening, things like disrepute while going out to get something either at the supermarket or shop when they have no enough money to pay for their bills.
Anyways the 24 hours rules is good because this is how we know what we wants throughout that day and it will also helps us to spend lesser.
Setting a budget is the most important thing, setting the budget and writing in down in a piece of paper and keeping it at a particular spots in the house were we can always see it and remember incase we gets about the budgets we have.
Finding out what trigger the cost is too easy to find, we spend the money our selfs so we can easily know what make us spend excessively and cut it short.

Of course everybody will want to spend their money with discipline but along the line a lot of unforeseen circumstances always play in.  sometimes things beyond the control of the spender will just happen, so that is why you might budget for something and it doesn't go as you plan. if everybody has gotten a financial plan on how to spend their money and it goes as planned, we will not be having a shortfall on own bills, miscellaneous sometimes  has an effect on our budget too but that can be managed.

However, over spending is part of some people's lifestyle, even if one has a lot of money, he/she is not supposed to spend recklessly. Moreover, there are most people like the government that do have special advisers. The special advisers give them guides on how to spend and also how to make good projects for others to like them and some ideas that will buy peoples mind so they can also vote for them when they next want to contest, so if a private company owner or an individual can also keep to that standard, it will help him/her to make better plans.

[DVlog]

Make a money management plan for your monthly expenses. Split your funds based on your needs to get rid of any unnecessary expenses that you incur every month. A preplanned strategy will give you discipline as you will always have in mind that there are other matters where you have to spend money. No matter what happens without any extremely dire cases don't borrow money as this is a burden that will put extra pressure on your mind which can reduce your productivity at work.

The most important thing is money management to get rid of all the financial problems. I have seen people cover their monthly expenses with less than 100$ and they are not complaining.

[Renampun]

...

When you start planning on budgeting first you have to set first your savings since it's the main base of your financing and the rest or half of your money depends on what are you going to do it's either you will invest to make it double or put up a business.

To stay on budget it's a good idea to plan ahead because you also need to think about savings that are essential for the future. Budgeting helps you identify and achieve your financial goals including saving for retirement or buying a home and paying off debt. When you create an effective budget it can save you from overspending excess debt and financial instability and stress.

I'm already married and to be honest, budgeting my expenses is something that really helps me manage my finances. I still remember when I wasn't able to manage my finances, I had a lot of problems and I often made excessive waste. Having good financial discipline is actually not an easy matter, often our desire to spend money is greater than saving money, so learning to manage finances from a very young age is something that everyone should do, with good skills in managing finances from a young age, then when you get old, you will be free from all types of debt.

[Fredomago]

Make a money management plan for your monthly expenses. Split your funds based on your needs to get rid of any unnecessary expenses that you incur every month. A preplanned strategy will give you discipline as you will always have in mind that there are other matters where you have to spend money. No matter what happens without any extremely dire cases don't borrow money as this is a burden that will put extra pressure on your mind which can reduce your productivity at work.

The most important thing is money management to get rid of all the financial problems. I have seen people cover their monthly expenses with less than 100$ and they are not complaining.

Make sure to use the money for your need and not for what you want.  Money management is always a key factor  when saving or when you want not to overspend your finances,  with good control and with a good track of each expenses you'll be able to balance your finances.  Something that will really help you to avoid any excessive spending of you money.  Not easy as it is but doable if you know how to limit and know how to properly setup everything with an organize execution.

[gunhell16]

Make a money management plan for your monthly expenses. Split your funds based on your needs to get rid of any unnecessary expenses that you incur every month. A preplanned strategy will give you discipline as you will always have in mind that there are other matters where you have to spend money. No matter what happens without any extremely dire cases don't borrow money as this is a burden that will put extra pressure on your mind which can reduce your productivity at work.

The most important thing is money management to get rid of all the financial problems. I have seen people cover their monthly expenses with less than 100$ and they are not complaining.

Make sure to use the money for your need and not for what you want.  Money management is always a key factor  when saving or when you want not to overspend your finances,  with good control and with a good track of each expenses you'll be able to balance your finances.  Something that will really help you to avoid any excessive spending of you money.  Not easy as it is but doable if you know how to limit and know how to properly setup everything with an organize execution.

You're right there, dude. We just need to use our sources of income for the right expenses, and if we spend something out of the budget that is unexpected, we should also know how to save extra for unexpected expenses like emergency reasons.

Now, the question is: what if the source of income is insufficient? How else can you save? It's simple: if you're the resourceful type of person who won't allow you to be short on expenses, you'll find a way to have additional income to sustain other expenses. It's that simple, right?

[DabsPoorVersion]

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You're right there, dude. We just need to use our sources of income for the right expenses, and if we spend something out of the budget that is unexpected, we should also know how to save extra for unexpected expenses like emergency reasons.

Now, the question is: what if the source of income is insufficient? How else can you save? It's simple: if you're the resourceful type of person who won't allow you to be short on expenses, you'll find a way to have additional income to sustain other expenses. It's that simple, right?

For that to make it possible, making a list of your expenses would be better. By doing that, excluding the unnecessary expenses will be an easy task. Putting the unnecessary expenses to the needs/savings for your investments or emergency reasons

Finding additional sources of income or changing careers for a better salary to sustain your daily needs should be the primary option. Having difficulty managing your expenses due to inflation, there's no way for an individual to overcome even if you lessen more of your expenses, other than considering these options.

[angrybirdy]

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You're right there, dude. We just need to use our sources of income for the right expenses, and if we spend something out of the budget that is unexpected, we should also know how to save extra for unexpected expenses like emergency reasons.

Now, the question is: what if the source of income is insufficient? How else can you save? It's simple: if you're the resourceful type of person who won't allow you to be short on expenses, you'll find a way to have additional income to sustain other expenses. It's that simple, right?

For that to make it possible, making a list of your expenses would be better. By doing that, excluding the unnecessary expenses will be an easy task. Putting the unnecessary expenses to the needs/savings for your investments or emergency reasons

Finding additional sources of income or changing careers for a better salary to sustain your daily needs should be the primary option. Having difficulty managing your expenses due to inflation, there's no way for an individual to overcome even if you lessen more of your expenses, other than considering these options.

That's one thing that I always did since then and now, having a list of monthly budget is very helpful so that I can track my expenses and to know if I've overspend in some things that is unnecessary, Also I separated my expenses for needs and wants. I opted out buying personal things especially if my budget is limited for basic needs and bills only. I agree with you, to sustain and to balance our needs and wants, Highly recommended to have another source of income or you should upgrade your career with a high salary offer.

[Arenga pinnata]

From the very start, user should also look for this monthly expenses that how much in his monthly salary or how much in his any other business from where he earns could be used? He should always look for it and set a limit for it, not setting the limit for it may cause something very challenging for him as not only in this field but he will not able to store his money for the future also and he will lost most of his money on those things which are not even necessary.
So, the thing is a person should store money from the very start because when a time comes in which he didn't have any other money then the money he stored will help him a lot. Same in the case of setting monthly budget for anything he wants to buy or his home expenses etc. he want to have for the whole month. In this way he also control his money instead of using in useless things.

I think setting budget limits or making budget allocations is very necessary in an effort to control our expenses within a certain period of time. And all of that is included in good financial management efforts. But after the budget is set, we still have to have a high sense of discipline. Because sometimes without discipline, someone can still spend more than the budgeted limit.

We have to get used to restraining ourselves from always buying things that we want but don't really need. Because as everyone has said, recognizing which ones are needs and which ones are just wants is the most important thing. Because usually people who don't recognize this will find it difficult to limit themselves and create difficulties in financial management.

[junder]

Make a money management plan for your monthly expenses. Split your funds based on your needs to get rid of any unnecessary expenses that you incur every month. A preplanned strategy will give you discipline as you will always have in mind that there are other matters where you have to spend money. No matter what happens without any extremely dire cases don't borrow money as this is a burden that will put extra pressure on your mind which can reduce your productivity at work.

The most important thing is money management to get rid of all the financial problems. I have seen people cover their monthly expenses with less than 100$ and they are not complaining.

Make sure to use the money for your need and not for what you want.  Money management is always a key factor  when saving or when you want not to overspend your finances,  with good control and with a good track of each expenses you'll be able to balance your finances.  Something that will really help you to avoid any excessive spending of you money.  Not easy as it is but doable if you know how to limit and know how to properly setup everything with an organize execution.

Yes that's true, but many people now prioritize what they want instead of what they need, even though as far as I know most of what they want usually doesn't have an important role, even though it's just a complement, expenses that are not too important should be eliminated because sometimes someone buys goods on the basis of want not need, and it is only used temporarily not used for the long term. So they only fulfill their desires.

With the current situation, which is a busy lifestyle with luxury and branded goods that have a high price value, this is a major factor in spending that should not be done because it is only for luxury goods with a role only for style that is not really important. I have a friend whose work is done through a computer or laptop, but if he goes out to do his work outside the house he doesn't have much style, I mean he just looks as simple as possible, I once advised him to buy a car but his answer made me salute with the answer "I think if I can still use a motorbike, I don't have to buy it either, I'd better save more money for the future or invest it", this makes an awareness for myself that not everything has to be bought if what we have is enough, it's better to use it with its function.

[btc78]

The problem is also with other people who already know that their source of income is not enough; they still have expenses. Because they may think they have an alternative to their expenses through borrowing or whatever reason.

i understand this and might be guilty of such mindset at times i’ve tried going a day without holding my wallet but still end up spending because in my mind, i do have money and i will always have money even if i might not know where to get that money from

it’s something I’m working on and reading through this thread has helped me gain some insights hopefully i can learn to be more disciplined and lessen my expenses

[bitLeap]

From the very start, user should also look for this monthly expenses that how much in his monthly salary or how much in his any other business from where he earns could be used? He should always look for it and set a limit for it, not setting the limit for it may cause something very challenging for him as not only in this field but he will not able to store his money for the future also and he will lost most of his money on those things which are not even necessary.
So, the thing is a person should store money from the very start because when a time comes in which he didn't have any other money then the money he stored will help him a lot. Same in the case of setting monthly budget for anything he wants to buy or his home expenses etc. he want to have for the whole month. In this way he also control his money instead of using in useless things.

I think setting budget limits or making budget allocations is very necessary in an effort to control our expenses within a certain period of time. And all of that is included in good financial management efforts. But after the budget is set, we still have to have a high sense of discipline. Because sometimes without discipline, someone can still spend more than the budgeted limit.

We have to get used to restraining ourselves from always buying things that we want but don't really need. Because as everyone has said, recognizing which ones are needs and which ones are just wants is the most important thing. Because usually people who don't recognize this will find it difficult to limit themselves and create difficulties in financial management.

Financial management is something that is very important and runs a life, if we cannot manage finances well, then be prepared for something we don't want to happen.
I think we all know and can distinguish what we need and what we want, I agree with you that we should not follow what we want, but we should make what we need the top priority. Maybe we are familiar with the 3 needs, namely primary, secondary and tertiary. Yes, we can make it a benchmark for us to limit spending on something unnecessary.

[Republikcoin.com]

That's one thing that I always did since then and now, having a list of monthly budget is very helpful so that I can track my expenses and to know if I've overspend in some things that is unnecessary, Also I separated my expenses for needs and wants. I opted out buying personal things especially if my budget is limited for basic needs and bills only. I agree with you, to sustain and to balance our needs and wants, Highly recommended to have another source of income or you should upgrade your career with a high salary offer.

Improving your career in order to get an increase in your monthly salary will not be easy for anyone at a time like now, because whatever we want to improve in life, whether it is to support income or salary, everyone must have time to do that because it is not will easily come by itself. Actually, I also agree more with separating the budget that you will spend on needs and desires, because when someone is able to separate the money for daily needs from the money that he will use to spend on his own desires, such people will often live more comfortably because they don't always faced with difficulties in his life.

But some people are still unable to do this because they are hampered by their low salary or income so they still need to think about other jobs to increase their income. Because spending on daily needs is also a desire, while personal desires are not necessarily included in daily needs such as luxury goods that are rarely used every day. So of course it is very important to separate the budget for these two things because they should not be considered the same, except for those who earn more each month.

[Promocodeudo]

For me the ways I avoid spending unnecessarily is to set a monthly budget for myself, this varies in individuals and thus depend on your source of income, your budget style should be focused on what you get monthly, financial planning matters to any person who want to avoid reckless spending, you should never shift your ground whenever you make this decision unless is in the case of an emergency that's when you can do otherwise.
I have applied this process and has been working for me. Once I get funds be it monthly or weekly, I first buy my pressing needs, like foodstuffs, I pay my bills, get a date for my phone, add up some amount of money my investment after doing all this, then am good to go.

[Dickiy]

For me the ways I avoid spending unnecessarily is to set a monthly budget for myself, this varies in individuals and thus depend on your source of income, your budget style should be focused on what you get monthly, financial planning matters to any person who want to avoid reckless spending, you should never shift your ground whenever you make this decision unless is in the case of an emergency that's when you can do otherwise.
I have applied this process and has been working for me. Once I get funds be it monthly or weekly, I first buy my pressing needs, like foodstuffs, I pay my bills, get a date for my phone, add up some amount of money my investment after doing all this, then am good to go.

Yes, that's a pretty good suggestion because by setting a consistent budget amount every month then we will be able to save more, and also for how I think you can do research first about what you really need, if you have done it then you will know how much you need every month. And of course this can only be done by each person regarding financial management like this, because as you said everyone has a different income each amount, so only they know and can balance it.

I'm sure they can do it, but maybe for people who have an amount of income far from what they expect and do not meet their monthly living needs I think this is quite confusing because they have to be really extra in managing their finances, and also on the other hand I hope they can take other actions to improve their finances such as looking for additional jobs. Back to the discussion above, I agree with you that we must really be able to distinguish what is meant by needs and wants, don't let you be fooled by needs that turn out to be just a desire for something that is not very important and useful for your life. If you really have more money then it's better to save it, it's better to save or allocate it to some investment assets that you trust because it is also for your benefit in the future. We will never know what will happen in the future, so in this way at least we have taken some actions to minimize.

Right, the first step when we get a salary from work is to focus more on allocating all your life needs such as basic needs whether it's food, electricity, water or whatever. And if there is money left over then it's better to save it, it's better.

[knowngunman]

For me the ways I avoid spending unnecessarily is to set a monthly budget for myself, this varies in individuals and thus depend on your source of income, your budget style should be focused on what you get monthly, financial planning matters to any person who want to avoid reckless spending, you should never shift your ground whenever you make this decision unless is in the case of an emergency that's when you can do otherwise.
I have applied this process and has been working for me. Once I get funds be it monthly or weekly, I first buy my pressing needs, like foodstuffs, I pay my bills, get a date for my phone, add up some amount of money my investment after doing all this, then am good to go.

Setting a budget can really help you gain control over your spending and work towards your goals but sometimes there are obstacles that people face when it comes to financial management. Although, for most, it is a lack of financial literacy because many people don't have the knowledge or skills to manage their finances effectively. Sometimes it might be lack of self-control. We all know how difficult it can be to resist the urge to overspend, especially with the constant marketing and advertising we're exposed to. We also face financial stress due to unexpected events or circumstances such as loss of job or health challenges. Setting up the budget sounds easy and simple but it hardly works in most cases due to one reason or the other.

[alastantiger]

One method of avoiding over-expenditure and having financial discipline is through frugalism and minimalism. Those who practice frugalism and minimalism are one of the most financially independent and prudent people on earth. Start first by looking around your apartment for those items that occupies space and adds no value to your space. After selling the items off put the money into your savings account look for more ways to save money and make it fun like an adventure. This is one of the ways you can build financial discipline and avoid over expenses. By just practicing minimalism, you would come to appreciate how having little is more. You do not need another pair of shoes or the latest designer perfume, handbags or smartwatch when what you have still works fine.

[slapper]

For me the ways I avoid spending unnecessarily is to set a monthly budget for myself, this varies in individuals and thus depend on your source of income, your budget style should be focused on what you get monthly, financial planning matters to any person who want to avoid reckless spending, you should never shift your ground whenever you make this decision unless is in the case of an emergency that's when you can do otherwise.
I have applied this process and has been working for me. Once I get funds be it monthly or weekly, I first buy my pressing needs, like foodstuffs, I pay my bills, get a date for my phone, add up some amount of money my investment after doing all this, then am good to go.

Yes, that's a pretty good suggestion because by setting a consistent budget amount every month then we will be able to save more, and also for how I think you can do research first about what you really need, if you have done it then you will know how much you need every month. And of course this can only be done by each person regarding financial management like this, because as you said everyone has a different income each amount, so only they know and can balance it.

I'm sure they can do it, but maybe for people who have an amount of income far from what they expect and do not meet their monthly living needs I think this is quite confusing because they have to be really extra in managing their finances, and also on the other hand I hope they can take other actions to improve their finances such as looking for additional jobs. Back to the discussion above, I agree with you that we must really be able to distinguish what is meant by needs and wants, don't let you be fooled by needs that turn out to be just a desire for something that is not very important and useful for your life. If you really have more money then it's better to save it, it's better to save or allocate it to some investment assets that you trust because it is also for your benefit in the future. We will never know what will happen in the future, so in this way at least we have taken some actions to minimize.

Right, the first step when we get a salary from work is to focus more on allocating all your life needs such as basic needs whether it's food, electricity, water or whatever. And if there is money left over then it's better to save it, it's better.

I agree with your method. Personally, I also think that sticking to a budget is very important. Managing your money is more than just saving. For example, putting your wants first with your money is like building a foundation. It's not just about having food, water, power, or air conditioning; it's also about giving yourself a financial base

Now, I understand how hard it is for people whose income doesn't meet their spending. A lot of work. I know there's always room for financial manoeuvring, though. Lessening spending on things that aren't necessary is important. Additionally, looking for extra work is a step, but it's not the only one. They've done well with online markets, freelancers, and the gig economy. Using different ways to make money is vital

And I'm all about discipline when it comes to separating needs from wants. I advocate it. If you have surplus funds, investment is preferable to saving. Reputable assets for investments are essential. Since I am aware that the future is unpredictable, I take this seriously. "Hope for the best, prepare for the worst". That's how you reduce financial shocks in the future

[Arenga pinnata]

I think setting budget limits or making budget allocations is very necessary in an effort to control our expenses within a certain period of time. And all of that is included in good financial management efforts. But after the budget is set, we still have to have a high sense of discipline. Because sometimes without discipline, someone can still spend more than the budgeted limit.

We have to get used to restraining ourselves from always buying things that we want but don't really need. Because as everyone has said, recognizing which ones are needs and which ones are just wants is the most important thing. Because usually people who don't recognize this will find it difficult to limit themselves and create difficulties in financial management.

Financial management is something that is very important and runs a life, if we cannot manage finances well, then be prepared for something we don't want to happen.
I think we all know and can distinguish what we need and what we want, I agree with you that we should not follow what we want, but we should make what we need the top priority. Maybe we are familiar with the 3 needs, namely primary, secondary and tertiary. Yes, we can make it a benchmark for us to limit spending on something unnecessary.

Yes, it's true that everyone should recognize which ones are their needs and which ones are just their desires. But when spending money, there are still many who don't prioritize needs and instead prioritize desires. Well, they lack discipline in financial management.

Because for people who are disciplined in terms of financial management, as you said, they will prioritize basic needs and then second and third needs. Well, these terms, namely primary, secondary and tertiary needs, should be the main benchmark in making a financial budget in financial management.

[Dickiy]

Yes, that's a pretty good suggestion because by setting a consistent budget amount every month then we will be able to save more, and also for how I think you can do research first about what you really need, if you have done it then you will know how much you need every month. And of course this can only be done by each person regarding financial management like this, because as you said everyone has a different income each amount, so only they know and can balance it.

I'm sure they can do it, but maybe for people who have an amount of income far from what they expect and do not meet their monthly living needs I think this is quite confusing because they have to be really extra in managing their finances, and also on the other hand I hope they can take other actions to improve their finances such as looking for additional jobs. Back to the discussion above, I agree with you that we must really be able to distinguish what is meant by needs and wants, don't let you be fooled by needs that turn out to be just a desire for something that is not very important and useful for your life. If you really have more money then it's better to save it, it's better to save or allocate it to some investment assets that you trust because it is also for your benefit in the future. We will never know what will happen in the future, so in this way at least we have taken some actions to minimize.

Right, the first step when we get a salary from work is to focus more on allocating all your life needs such as basic needs whether it's food, electricity, water or whatever. And if there is money left over then it's better to save it, it's better.

I agree with your method. Personally, I also think that sticking to a budget is very important. Managing your money is more than just saving. For example, putting your wants first with your money is like building a foundation. It's not just about having food, water, power, or air conditioning; it's also about giving yourself a financial base

Yes because planning and management are very important especially in terms of financial life, however we must be able to balance everything that exists or that we are doing especially managing finances, it will always be important because with it your life will be organized especially in the money factor, which usually you are confused when you want to fulfill basic needs because you are always excessive in realizing desires that are actually unnecessary then in this way and if you can do it consistently then you will not be confused anymore because you already have better management than before, and of course on the other hand this method is not only for just being useful in terms of balancing but on the other hand as you said indirectly this method is also quite effective for building a financial foundation to be better.

Now, I understand how hard it is for people whose income doesn't meet their spending. A lot of work. I know there's always room for financial manoeuvring, though. Lessening spending on things that aren't necessary is important. Additionally, looking for extra work is a step, but it's not the only one. They've done well with online markets, freelancers, and the gig economy. Using different ways to make money is vital

We are talking about someone who really doesn't have good finances and even struggles to meet their basic needs, it's true that there will always be a solution to every problem and I think it depends a little on the person too whether he wants to rise up or continue to be stuck in a zone like that. Of course as I said before, reducing unnecessary expenses is very important and it is better to choose to allocate money to something that has a good impact on our lives or even put it in a place that has the possibility that the amount of our money can increase such as investment maybe. Yes, usually people who are experiencing bad finances, one of the steps they usually take is to add part-time jobs such as for example what you said participating in some online markets and so on, basically a way to be able to get a job to increase their finances.

And I'm all about discipline when it comes to separating needs from wants. I advocate it. If you have surplus funds, investment is preferable to saving. Reputable assets for investments are essential. Since I am aware that the future is unpredictable, I take this seriously. "Hope for the best, prepare for the worst". That's how you reduce financial shocks in the future

Sometimes there are still quite a lot of people who are fooled by the name of necessity when on the other hand it is just their desire to fulfill their lifestyle for example, it is not too important in my opinion because it is only for satisfaction, and yes if indeed we have more money than the rest of the needs then it is better to save it, it's up to you whether it will be saved or invested in some trusted assets, the point is you know what can make you safe and secure. Because yes I hope you can think about your future, we never know what will happen in the future, I'm sure everyone will experience a phase where they need money in an emergency, and that means this method is indeed very effective as one of the preventive measures.