It is indeed highly positive to choose between multiple products, many brands, an infinite number of varieties, different establishments, etc. But it is also true that advertising has gone from showing us a product to highlighting its benefits and convincing us to buy it to be a tool designed to create needs. We are told that we must purchase everything we can to be part of society, and the more we buy better.
It is beneficial to choose what we buy, and we will not advocate austerity.
Each person must know their needs and the best way to cover them. But, in any case, we will highlight a series of factors that can influence that our consumption is responsible. That is, that we buy what we need or even some whim, but that we do not buy to buy, that we do not get carried away by a consumerist current and that does not cover our needs, but the conditions that tell us ad nauseam that we need to cover.
Excusable expenses
In the first place, we will assume that a series of inexcusable expenses, such as housing, food, clothing, or supplies (water, electricity, etc.), must be covered.
In terms of housing, it is usually the most significant family expense. In other articles, we have already seen that we will have to look for the best possible mortgage or rent instead of buying to go more relaxed in the future.
Unnecessary expenses
But often, the expense we do it in unnecessary things. That is why we will list below a series of tricks that we can carry out to avoid the temptation of buying something that we do not need.
Credit cards
We should not request credit cards if necessary, nor is it convenient to carry them over if we have them unless we are traveling, for example. Plastic money often gives us peace of mind when buying because we do not think that money must be returned with succulent interest after that.
It is better to have debit cards that load our purchases now, which has a greater sense of spending money, and we will not be so happy when buying. Never take advantage of credit to buy things that we cannot later or will be very uncomfortable to pay.
For the same reason, not to lose the feeling that is being spent, it is better to pay in cash when you can.
Credit lines
In the same way, we should not have credit lines open if we do not have a precise need for a particular expense that will occur in the future. If we have solvency, our financial institution will take care of any credit need.
We refuse lines and credit cards that are not necessary. If we do not have them, surely we will not use them for something not essential.
Savings for vacations and incidentals
Also, it will be convenient that for extra expenses of some importance (known in advance or not) that will occur in the year, we have a planned fund to make periodic contributions to make the payment more bearable.
If we know that we are going on vacation in September, we can start putting in € 100 per month since January. Now, we will have $800 accumulated to spend, which would be very uncomfortable to pay at once.
Likewise, we can create a savings fund for incidentals. However little the contribution (for example, $20 per month), there will always be a small fund that can get us out of more than one hurry.
Conclusion
In summary: you do not have to buy things that you do not need, for the cheap ones that we offer us. Compare the establishments to see which one is more affordable in each case. Let’s look for the offers and promotions but let’s not get away from them. It is not advisable to have credit or purchase cards if they are unnecessary. They encourage you to spend more (plastic money is shown to cost less). And let’s have a fund for expenses. Paying little by little is always better than doing it at once.
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.
