The habit of extravagant living is part of personal finance which is often unnoticed because it is a habit and is often considered normal in one's life. This wasteful habit will certainly be difficult to change or eliminate in a short time, therefore we need a gradual process, especially accompanied by commitment and strong will. Here are some ways to turn extravagant living into a frugality life habit.
1. Make it a Routine
Everyone has a different way of managing their personal finances, but it's always a good idea to keep track of your expenses every week.
2. Record expenses and Perform Analysis
Check which expenses you don't need, and control and manage expenses
3. Save slowly
Don't make extreme savings because it might stress you out, but do it gradually and in a planned way.
4. Change old habits into new habits
To start a frugal life you have to change your life patterns and habits. like if you are used to enjoying coffee at a cafe it would be better to make your own coffee at home.
5. Avoid temptation and solicitation of friends
It's hard to refuse a friend's invitation to enjoy a nightlife that will cost a lot of money, but you have to be able to decline in a subtle way.
1. Make it a Routine
Everyone has a different way of managing their personal finances, but it's always a good idea to keep track of your expenses every week.
2. Record expenses and Perform Analysis
Check which expenses you don't need, and control and manage expenses
3. Save slowly
Don't make extreme savings because it might stress you out, but do it gradually and in a planned way.
4. Change old habits into new habits
To start a frugal life you have to change your life patterns and habits. like if you are used to enjoying coffee at a cafe it would be better to make your own coffee at home.
5. Avoid temptation and solicitation of friends
It's hard to refuse a friend's invitation to enjoy a nightlife that will cost a lot of money, but you have to be able to decline in a subtle way.