How to avoid over expenses and have discipline

[harapan]

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.

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

[1714844022]

1714844022

[1714844022]

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[Pamadar]

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.

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

By doing this you are preparing yourself for a much comfortable future, not spending too much even if you can and saving your money
either for investment or for pure savings leads you to a comfortbale life ahead.

It doesn't mean that you are denying yourself for those liesure that you can have but it's a wise decision making to secure your future
saving is not easy but if you manage doing it your own self is also the beneficiary.

[reagansimms]

Some of the tips you outlined in Op are very helpful in dealing with the increase in expenses rather than income. Almost everyone knows the problems faced when expenses are greater than income, but methods like this are very easy to say but very difficult to implement for most people. People whose income is much higher than their expenses may be able to avoid overspending and are disciplined in doing so, but for some people whose income is limited, it is very difficult to prevent this due to unexpected needs.

Maybe they can avoid excessive spending by prioritizing needs over desires, but unexpected expenses such as medical expenses, children's school fees and vehicle maintenance costs cannot be avoided. Having a mediocre income is very annoying because it can hinder the process of investing or saving for a better future. Everyone wants to live free from financial problems, but at a certain time they have to dip into their savings to finance unexpected needs.

[Jatiluhung]

Some of the tips you outlined in Op are very helpful in dealing with the increase in expenses rather than income. Almost everyone knows the problems faced when expenses are greater than income, but methods like this are very easy to say but very difficult to implement for most people. People whose income is much higher than their expenses may be able to avoid overspending and are disciplined in doing so, but for some people whose income is limited, it is very difficult to prevent this due to unexpected needs.

Maybe they can avoid excessive spending by prioritizing needs over desires, but unexpected expenses such as medical expenses, children's school fees and vehicle maintenance costs cannot be avoided. Having a mediocre income is very annoying because it can hinder the process of investing or saving for a better future. Everyone wants to live free from financial problems, but at a certain time they have to dip into their savings to finance unexpected needs.

Well, the problem really lies in how much money we make and how much money we usually have to spend. Because there are still many people out there who have more needs than they produce. for example, someone has a monthly income of 1000USD but the basic needs they have per month are 1200USD. And this can happen to many people nowadays. Especially in countries affected by hyperinflation. That is why the number of people making loans continues to increase from year to year. Because they cannot fulfill their needs just by relying on their basic income. That is why currently many people are increasing their working hours and looking for additional income. And very lucky for those of us who have additional income. Because there are so many people out there who are still struggling to get it.

[Vinaa77]

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

Reducing expenses is indeed a very good thing if we can do that, because if we force ourselves too hard to follow current trends, of course the expenses we have will be very large, even the income we have will not be enough to meet the needs we need and what's worse Again, we have to look for a loan that can meet our needs and when we get income, we have to pay off the loan we took.

Choosing not to live in luxury and saving some of the income we have is certainly very good because if we have savings, of course we will be able to invest in our future so we can achieve financial freedom.

[Rehan Zakir]

Managing economics is a very good habit. I think its a necessary thing to manage the whole system.
I am managing my house expenses with discipline. It is really helpful to avoid over expenses.

[Casalania]

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

Reducing expenses is indeed a very good thing if we can do that, because if we force ourselves too hard to follow current trends, of course the expenses we have will be very large, even the income we have will not be enough to meet the needs we need and what's worse Again, we have to look for a loan that can meet our needs and when we get income, we have to pay off the loan we took.

Choosing not to live in luxury and saving some of the income we have is certainly very good because if we have savings, of course we will be able to invest in our future so we can achieve financial freedom.

It's not enough to just cut down on expenses if you want to improve your financial situation. In addition to reducing expenses, it's important to find a well-paying job or a side hustle. Simply reducing expenses won't be enough, especially with the rising cost of goods and services. If you keep cutting back without finding ways to increase your income, your budget will remain tight, and you won't see any progress. In the end, you'll still find yourself struggling with expenses.

[Fredomago]

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

Reducing expenses is indeed a very good thing if we can do that, because if we force ourselves too hard to follow current trends, of course the expenses we have will be very large, even the income we have will not be enough to meet the needs we need and what's worse Again, we have to look for a loan that can meet our needs and when we get income, we have to pay off the loan we took.

Choosing not to live in luxury and saving some of the income we have is certainly very good because if we have savings, of course we will be able to invest in our future so we can achieve financial freedom.

A simpler lifestyle will help to reduce expenses if you can prevent yourself following the trends you may able to deal with it, but most of the time people always wanted to have things that's not necessarily needed,  things that's adds up to your expenses,  if you can avoid that you may able to save more money,  with a wise choose of lifestyle and with the knowledge that you can have thru online access you can use those save money for investment.

More on how you choose and how you percept your future,  preparing step by step is very crucial more on how you discipline your own self.

[Mahanton]

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

Reducing expenses is indeed a very good thing if we can do that, because if we force ourselves too hard to follow current trends, of course the expenses we have will be very large, even the income we have will not be enough to meet the needs we need and what's worse Again, we have to look for a loan that can meet our needs and when we get income, we have to pay off the loan we took.

Choosing not to live in luxury and saving some of the income we have is certainly very good because if we have savings, of course we will be able to invest in our future so we can achieve financial freedom.

A simpler lifestyle will help to reduce expenses if you can prevent yourself following the trends you may able to deal with it, but most of the time people always wanted to have things that's not necessarily needed,  things that's adds up to your expenses,  if you can avoid that you may able to save more money,  with a wise choose of lifestyle and with the knowledge that you can have thru online access you can use those save money for investment.

More on how you choose and how you percept your future,  preparing step by step is very crucial more on how you discipline your own self.

The wrong thing for most people is that once they do able to make more money or huge income or something having that in talks about more stream then people would really be naturally be able to have those kind of upgrade in lifestyle too on which it would really be just that be able to compensate that their upgraded lifestyle on which they shouldnt have done that if they are really that serious on trying out save up money.
Why i can say so? This is what i have done in the past on which on the time that i have seen that im earning more, the expenses i do have do step up too on which it did come into a point
that expenses is way more higher with my income too on which i have put up myself into such deep debt problem on which it did takes years for me to be able to
solve those things.

Never ever come into a point that you would really be that irresponsible on how you do spend up your money even if you do have that huge income or source
because there's no such thing about unlimited income and its better that you should really be that sensible on the actions that you are making.

[Assface16678]

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

Reducing expenses is indeed a very good thing if we can do that, because if we force ourselves too hard to follow current trends, of course the expenses we have will be very large, even the income we have will not be enough to meet the needs we need and what's worse Again, we have to look for a loan that can meet our needs and when we get income, we have to pay off the loan we took.

Choosing not to live in luxury and saving some of the income we have is certainly very good because if we have savings, of course we will be able to invest in our future so we can achieve financial freedom.

A simpler lifestyle will help to reduce expenses if you can prevent yourself following the trends you may able to deal with it, but most of the time people always wanted to have things that's not necessarily needed,  things that's adds up to your expenses,  if you can avoid that you may able to save more money,  with a wise choose of lifestyle and with the knowledge that you can have thru online access you can use those save money for investment.

More on how you choose and how you percept your future,  preparing step by step is very crucial more on how you discipline your own self.

True! Many people now a days are into social media and trends in it; they can be easily persuaded and attracted to something new and trending on the internet, and that's what the promoters and advertisers are taking advantage of. Let's take, for example, the iPhone product. If you are into technology, you will see the difference in technology. For example, in the case of iPhone cellphones, there is a recent release, which is the iPhone 15. If you compare it to the iPhone 14, there is not much difference, but why is it so hyped? And many people are dying to buy it because it has become a social norm or trend to have an iPhone when it has a new release. If you are a practical person, you will see the wrong here, and what you are paying for is not the cellphone's features; it is the brand. That's why I can't understand people dying to have an iPhone despite their financial instability.

[benalexis12]

Some of the tips you outlined in Op are very helpful in dealing with the increase in expenses rather than income. Almost everyone knows the problems faced when expenses are greater than income, but methods like this are very easy to say but very difficult to implement for most people. People whose income is much higher than their expenses may be able to avoid overspending and are disciplined in doing so, but for some people whose income is limited, it is very difficult to prevent this due to unexpected needs.

Maybe they can avoid excessive spending by prioritizing needs over desires, but unexpected expenses such as medical expenses, children's school fees and vehicle maintenance costs cannot be avoided. Having a mediocre income is very annoying because it can hinder the process of investing or saving for a better future. Everyone wants to live free from financial problems, but at a certain time they have to dip into their savings to finance unexpected needs.

Spending more than we earn is a disease, in my opinion, that won't go away and can get worse if we just let it go. So as long as it doesn't get worse, take action immediately so that it doesn't lead to an unexpected situation.

Because, to be honest, until now, there are still many people like that, especially those who have a regular job, where they usually just go along with the trend that even if you can buy cheap things, it's because of the trend; even if it's expensive and not suitable, they still buy it just to keep up with the trend and get their luxury, even though in the end they will also suffer, something that is not right in reality.

[terrific]

Managing economics is a very good habit. I think its a necessary thing to manage the whole system.

You don't have to know all of it, having the basics is more than enough because you have to manage your own economy than the entire economics of the whole system.

I am managing my house expenses with discipline. It is really helpful to avoid over expenses.

Nice, many don't do that because they're renting so if you've got your own house and manages to go with discipline over it. That means that you're doing a good job.

[poodle63]

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

the key take away is that people should learn to at least not buying when they just don't deserve or cant afford something its like when there are new things appearing some people might aim for the flagship despite the fact that their income monthly isn't even quarter of that they should refrain from buying the flagship product and go down few class maybe, as long as its functional and as good as the flagship though below a little bit its still okay.
we should refrain from furfilling our prestige just for the sake of standing out in our social bubble, know our limit know what we can afford, if we truly want to experience luxuries try to work hard, pump that income number up because thats the only way.
otherwise it will be just like wasting money.

[milewilda]

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

Reducing expenses is indeed a very good thing if we can do that, because if we force ourselves too hard to follow current trends, of course the expenses we have will be very large, even the income we have will not be enough to meet the needs we need and what's worse Again, we have to look for a loan that can meet our needs and when we get income, we have to pay off the loan we took.

Choosing not to live in luxury and saving some of the income we have is certainly very good because if we have savings, of course we will be able to invest in our future so we can achieve financial freedom.

A simpler lifestyle will help to reduce expenses if you can prevent yourself following the trends you may able to deal with it, but most of the time people always wanted to have things that's not necessarily needed,  things that's adds up to your expenses,  if you can avoid that you may able to save more money,  with a wise choose of lifestyle and with the knowledge that you can have thru online access you can use those save money for investment.

More on how you choose and how you percept your future,  preparing step by step is very crucial more on how you discipline your own self.

The wrong thing for most people is that once they do able to make more money or huge income or something having that in talks about more stream then people would really be naturally be able to have those kind of upgrade in lifestyle too on which it would really be just that be able to compensate that their upgraded lifestyle on which they shouldnt have done that if they are really that serious on trying out save up money.
Why i can say so? This is what i have done in the past on which on the time that i have seen that im earning more, the expenses i do have do step up too on which it did come into a point
that expenses is way more higher with my income too on which i have put up myself into such deep debt problem on which it did takes years for me to be able to
solve those things.

Never ever come into a point that you would really be that irresponsible on how you do spend up your money even if you do have that huge income or source
because there's no such thing about unlimited income and its better that you should really be that sensible on the actions that you are making.

This should really be on your mind on which on the time that you have earned more then you shouldnt directly be making yourself having those immediate upgrades as well specially
on how you do spend,for it would really be putting you on big trouble just like on what you said. The worst? you would really be having those debts because you cant be able to compensate on how
you do really make those kind of spendings on which we know that this is something that we should really be avoiding at all cost. We do know that once you do find yourself
having those kind of spending but you cant be able to catch up on how much you earn then you are really that in big problem.

Just like on what you mentioned that on the time that you would be making those realizations is on the time that you would really be seeing that you would really be
having those financial problems.

[slapper]

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

the key take away is that people should learn to at least not buying when they just don't deserve or cant afford something its like when there are new things appearing some people might aim for the flagship despite the fact that their income monthly isn't even quarter of that they should refrain from buying the flagship product and go down few class maybe, as long as its functional and as good as the flagship though below a little bit its still okay.
we should refrain from furfilling our prestige just for the sake of standing out in our social bubble, know our limit know what we can afford, if we truly want to experience luxuries try to work hard, pump that income number up because thats the only way.
otherwise it will be just like wasting money.

Buying what you can't afford is like throwing money away. You'll never see it again and are worse off. A cycle of emptiness. You buy, feel happy, regret. Keep repeating. Stop the madness! Unfortunately, no one cares about your flagship devices. Your rent and food won't be covered. No one gains from your relentless shopping except the sellers. Be smarter

Instead, strengthen your finances. Spend less, invest more. Not glamorous, but effective. Think ahead, not just now. Building a future requires not pursuing every flashy object. Choices should benefit you, not simply your image. Financial wisdom is true luxury

[sekalitas]

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.

1. Make a realistic budget

2. Find out what triggers the cost
           
3. Break down luxury expenses
       
4. Make the 24 hour rule
           
5. Set a budget
I hope this somehow helped us and the community here on the forum.
Other source:
https://www.incharge.org/financial-literacy/budgeting-saving/how-to-cut-your-expenses/
https://www.mymoneycoach.ca/blog/how-to-stop-spending-money-7-tips.html

Thanks for the tips! I especially like point number 4 about the 24-hour rule. Implementing this rule can help us minimize impulse purchases because within 24 hours, our excitement usually subsides, allowing for more rational thinking about whether we truly need the item.

To add some tips, I think we can save more by utilizing coupons and taking advantage of flash sales when buying necessary items. This allows us to purchase needed items at a lower cost.

[pusaka]

Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.

the key take away is that people should learn to at least not buying when they just don't deserve or cant afford something its like when there are new things appearing some people might aim for the flagship despite the fact that their income monthly isn't even quarter of that they should refrain from buying the flagship product and go down few class maybe, as long as its functional and as good as the flagship though below a little bit its still okay.
we should refrain from furfilling our prestige just for the sake of standing out in our social bubble, know our limit know what we can afford, if we truly want to experience luxuries try to work hard, pump that income number up because thats the only way.
otherwise it will be just like wasting money.

Yes, I agree when you say it's better to buy based on function. For example, clothes for everyday, many clothes are very expensive, even though the function is the same, people who do that are people who prioritize function or prestige, unless indeed their income is very high. But for people who have an average income but choose goods or clothes at high prices, it is clear that they buy them because of prestige, it could be because of the environment that is like that or other things.
We must adjust between income and expenses and even then, in my opinion, we must have something left over for savings or investment.