Hello Hive family! I hope you are enjoying the weekend.
It's another edition for the Ladies of Hive Community Contest and here is one of the questions by @kerrislravenhill which I will be blogging about:
I annually work on my home budget every January and my recent walk through of a major shopping center reminds me how our financial goals can get undermined by the temptation to spend. What are your strategies and tactics to stay on track?
As a single lady living with my parents, the basic human needs have been provided for me by my parents,- shelter, food, water and electricity. Even with all these provided, I have my personal needs and also get some stuffs for my parents and siblings.
For electricity, we make use of prepaid meter of which my Dad and brothers take care of. Notwithstanding, I recharge it at times but when my dad finds out, he refunds me, he always says that, it's his duty or the guys would handle it. For water, there is a water supply pump that supplies water into the house.
That being written, now let's look at how I stay on track within my weekly and monthly budget.
1. I keep in mind the amount of money to spend whenever I have a couple of things to purchase. Be it my personal needs or for everyone at home, I try to stay within my budget.
2. Make my list in order of preference. In my list, I only put down what is necessarily needed in order not to place my wants over my needs. I include my personal needs and that of others, like fruits and vegetables.
3. Self-control and discipline. This is one thing I had to learn, though I see things that I desire to buy but, as long as it is not included in my list and it will exceed my budget if I purchase it, I look away and stick to my list and my budget.
4. Have a double-check. I always do this to ensure that the amount of money I intended spending remained within my budget. At times, the supermarket I usually purchase from (family supermarket), make mistake, it's either they select a product of a higher quantity (like 1kg), instead of (500g) and include the price, or they include one of the items I purchased and forget to include it in their system to add the amount it worths. Whenever I find out, I always go back to make sure they correct it and they are always grateful for it because it's not everyone who does a double-check after shopping.
With this strategies and tactics, I am always able to stay within my budget each time I have a list of items to purchase.
Hope you will adopt these strategies? If you have any other one to include please do in the comment section.
Thanks so much for spending some time on my blog.
YOUR UPVOTES AND ENGAGEMENT ARE HIGHLY APPRECIATED
Love from @winanda
All images are designed by me on Canva
Posted Using InLeo Alpha
Posted Using InLeo Alpha
