Creating some daily budget habits could mean the difference between achieving your dreams of debt freedom and being stuck in the hamster wheel of financial stress. We have some motivational daily budget habits that will make you a financial wizard to ensure this doesn’t happen.
Much like your desk and your house, keeping your finances organised will keep your mental health around finances so much better. Opening your bills when they come in, organising them into digital folders in your email, or taking a picture of physical bills to upload to a digital folder so that you know where they are at any time will keep you on top of them.
If you are not paying them immediately, then scheduling them to be paid in your bank or setting up a reminder in your digital calendar means you never miss a payment and incur those annoying late fees.
Having cash in the wallet is the “free pass” to spend it for some. Ensuring that any extra cash you have is stored in a secure location at home and not being carried around means that it’ll be there when you need it, not just when the inner-emotional-spender-monster sticks its head out.
Speaking of the inner-emotional-spender-monster, you wouldn’t make impulse purchases if you were given the work credit card because you would get in trouble for misusing company funds. If you treat your personal finances like it was your business account, it will be harder to “misuse” your finances. It might sound like a silly habit but treating your finances with professionalism means that they will work for you.
Practising these daily budget habits and more obvious ones like bringing your lunch to work instead of buying it from a local café will ensure that you have command over your personal finances and a clearer picture of how long it’ll take you to achieve your debt-free goals.
If you would like to discuss whipping your mortgage into shape to help you on this journey further, help is just a single click away. This click right here will put you in contact with one of the fantastic Credit Connection experts that will help you cut years and thousands off your mortgage.
Bite-sized budget help is also available with our “Tuesday Tips” with our founder, Sally-Ann, available right now on our official YouTube Channel.