Don’t Buy What You Don’t Need

I learned a long time ago that managing your finances wisely can do a great job in living free of debt. Well it’s not easy to be at your best when it comes to budgeting but trying to learn it can do a lot for your family’s expenses. Some things that we love having sometimes are the things that we have to let go like credit cards which can make us buy things that we don’t need. Using the so-called plastic cards extends our liberty in buying things we can’t afford to buy in cash.

Most of the times we’re tempted to shop beyond our means because it’s on credit and we thought that by the time it will be billed on us we’ll have money to pay for it. But sometimes things will not go the way we expect it and we’ll be burdened by the debts that we have to pay. Shopping with cash money limits us into buying the essential things only and purchases our whims and wants when we have extra money. Mom told me to remember few phrases when I was just starting to work so I will not have debt in the future - ‘Do not buy what you don’t need and do not need what you can’t buy’. This is quite true because if we will go beyond our earnings the rest will only be a burden to our budget and we’ll find ourselves caught in the web of financial crisis.