Living Within Your Means

Sure, living on a budget may be not be something you would see on the Bravo Channel with people living in huge homes, driving expensive automobiles, dining on caviar and drinking champagne at the drop of a hat, but it can be a very nice life with plenty of perks if you are smart in how you spend your dollar.

On the other side of the coin living as a person who is mindful of their budgetary restrictions does not mean you have to live in a tent like those that were protesting back in 2010 in various parks and public places complaining about the one percenters. It merely means that if you make a dollar you do not spend more than that dollar, and in actuality, you would spend less than that dollar so that you not only were able to make all your expenses without any issues you’re also able to save some money so that you are prepared for a rainy day.

It would be great if we all had an unlimited amount of money and could just go to any store and buy whatever we want. We can go and pick out the gorgeous red Mercedes-Benz, swing by a tailor shop and have some gabardine suits made, head to the local shoemaker and have custom-made boots and shoes made and have all our food cooked for us in a gourmet kitchen by her own personal chef. Of course, that is not only not reality, that is silly and we don’t have that kind of money to throw around usually and it is probably best that we do not as that can tend to cause more than just money issues, it can cause a person to think much differently than they ought.

The Life of a Person Living on a Budget

Living within your means does a lot more for a person can just keep their balance sheet in check. It also has a lot to do with keeping your mind from fretting over things that are unnecessary. If you’re concerned about whether or not you can pay your bills because you’re spending too much that can cause an issue with you in terms of how you think and how you act. That will also cause you to treat others differently as well as yourself and that gets in the way of your all-around health and well-being. If you wake up in the morning are concerned because you have to make a certain amount of money that day or you’ll have problems paying your electric bill, or perhaps concerned that your mortgage will get paid on time for any other bill or debt that you have to pay is an issue, then your head is not going to be on straight as we used to say back in the day.

So although this website is primarily about the fiduciary responsibility and budgeting, saving money, being responsible with your dollar and even living cheap, it is also about maintaining a healthy lifestyle through proper money management. Proper money management will have, without a doubt, a positive effect on your bottom line and will long-term benefit you in your retirement as you’ll have cash that you typically would not have had you got out and blown it like you living the lifestyle of the rich and famous. This website is also targeting our mental health and how beneficial it is to not go overboard and live in the moment as many tend to do.

Managing your money in a frugal way is so much better than if you were to be living in a way that you needed to have each and every desire and need fulfilled instantly as if you are going through the drive-through at a fast food restaurant. If you’re looking at your desires and needs as having to be filled immediately if not sooner, then you are being shortsighted in many different ways and could end up in financial ruin as opposed to being able to relax at the end of your day because you know you did the right thing with dollar.

People may look at you at times as though you have three heads because of your frugal living and fiscally responsible lifestyle and that is her choice but you know that if you use your head, plan ahead when spending money manager money in such a way that there’s always money left over at the end of the month, ignore the draw of the new and shiny and overall consider that you own the money and the money doesn’t own you, then you’ll have an easier sleep at night because you’ve done the right thing and chose to live in a way that will benefit your long-term and that way is living frugally.