Safeguarding your finances is probably one of the most stressful parts of your daily lifestyle. Every purchase and expense, whether necessary or not, is something which you have to carefully calculate in terms of your overall funds. It’s an absolute nightmare, and it can cost you your mental health as well as your money. If you want to put an end to this stressful cycle, then here are some top financial tips along with some great apps on the market which might help you app-solutely boss the costs of living.
Keep track of your finances
Budgeting is one of the most important skills an adult can possess. We all have our individual lifestyles, talents, jobs and expenses in this crazy, diverse world, but one thing remains true for each and every one of us: we can’t live beyond our means. That’s why you need to put together a personal monthly budget. You want to treat yourself to luxuries every now and then, which you should, but you also have to cover your necessities; rent, food, utility bills and transport. The key is to calculate how much of your monthly income is left over, after buying necessities, for treats. There are great apps available for tips on saving money in your daily life and giving you more disposable income. You shouldn’t totally rely on tech for financial advice, but apps such as 100+ Money Saving Tips can be nifty little assistants in your budgeting and cost-reducing plan.
Car issues
There are so many costs involved with owning a car, and not all of them are planned. When it comes to maintenance, you should be looking after your car regularly by cleaning it, driving it economically and getting it regularly serviced to avoid faults. Getting the right insurance may also cost you slightly more, but it’ll save you more in the long run; there are handy apps for comparing different insurance providers. Accidents can happen to anyone, and any incident involving another driver can be financially crippling. Of course, there are costs far beyond damage to your car or any other car involved in the event of a minor or major road accident, as you’ll likely only want to ensure that everyone involved is okay. Nonetheless, many costly issues are likely to come out of the woodwork once the initial dust has settled.
It’s hard to pinpoint who is to blame in many cases of road accidents, and mistakes are often made. You may want to look into DWI lawyers serving people wrongly convicted if you ever do face such unjust criminal charges for an incident. You may also face claims from other drivers involved, whether you’re to blame or not, and you should get a strong legal defense to avoid larger costs down the line. Still, every time you get into a vehicle, you should avoid any of this trauma by driving safely, cautiously and defensively. Even if you’re a good driver, others may not be and collisions could cost you more than just your money.
Reduce your utility bills
You spend an astronomical amount of money simply keeping your household running, and many of those costs are unavoidable. However, there’s a chance that you’re eating further into your finances than you need to be with regards to your utility bills. Much like everything else in life, there’s an app for that, and you could be using Meter Readings to monitor your energy use or Bill Assistant to keep track of how much you’re spending.
Walk
Instead of driving to places in your local town, you could walk there; or jog if you want to not only get there quicker but combine a boring errand with strenuous exercise. You’ll be cutting down the costs of public transport or your car in favour of a free and eco-friendly form of transport. Fitness apps such as Pacer could help you keep track of your daily step count along with calories burnt.
