It seems pretty unlikely that anyone ever actually feels like they’ve got enough money. There’s just too much to spend it on, and never enough to spend. Fancy holidays, great meals at restaurants, shiny cars, and all that kind of stuff, certainly.
And, of course, there’s fashion. It’s definitely possible to be creative and look good on a budget, or with a wardrobe featuring carefully-selected thrift-store pieces, but it sure is a lot easier to stay on top of the latest trends and get as experimental with your outfits as you could want, if you’ve got a bit of extra money to spend,
If you’ve got a lot of fashion ambitions and ideas of the best outfits to spend your money on, but are struggling to free up the funds, here are some ideas to help you out.
Take proactive steps to manage your debt, so that you can be confident about how much you can afford to spend
Debt can be a real problem for all the obvious reasons, but also for some less obvious reasons. When you’re in debt, for example, you naturally develop a certain paranoid tendency around your money.
Instead of feeling confident that you know how much you can spare to spend, uncertainty creeps in. If you’re not normally very good with your budgeting, or very mindful about your finances, this issue becomes significantly worse.
Take proactive steps to manage debt in your life, in order to get a better sense of just how much money you can actually afford to spare on other things. This could mean researching debt payoff strategies, signing up for a debt management program, or looking into a consolidation loan.
Use a good budgeting tool and practice financial mindfulness
It’s amazing how much money you may be allowing to fall between the metaphorical cracks, in your life, simply because you’re not appropriately mindful of how you’re spending all of your money.
Buying a coffee or a sandwich here or there may seem like casual expenses not worth considering in great detail, but every little adds up.
Look into using a good budgeting and financial management tool such as YNAB, in order to keep track of what you’re doing with every penny. This can be a much easier and less time-consuming process than you may think, and that additional mindfulness can mean a handy chunk freed up for new shoes and other related expenses.
Pass up on some of the more self-indulgent but less positive expenses in your life
We all spend money on things that aren’t strictly good for us, from time to time. Getting one too many drinks in at the club with our friends on a Friday night, for example.
A general rule of thumb is that when you’re looking to free up some money to spend on something that’s meaningful to you, the first expenses category that should get cut is the “gratuitous and unhealthy vices” category.
If you can severely cut down your drinking, or quit smoking, you’ll not only save a bunch of money which can be put to better use elsewhere, but you’ll also do your health some real favours, too.
P.S. This post is a collaborative post and not written by Hand On The Hip.
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