The post 4 Things You Should Stop Wasting Money On appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>Clothes
The fashion industry is one of the major polluters in the world, and most people tend to spend lots of cash on new clothes. Next time you go shopping, try saving your money and the environment by buying only what you really need.
(@diaryofaredcarmam)Bottled Water
Bottled water is another thing we tend to spend a lot of our money on and it’s also extremely harmful to the environment. You can avoid this and save money by carrying a reusable water bottle with you.
Electricity
Turn off the lights and unplug your TV, computer, and other devices when you don’t need them because this can significantly reduce your energy bill.
Excess Food
Most people are not aware of the amount of food they throw away on a daily basis, and the truth is that we throw away nearly half of the food we buy. That’s why meal planning and making grocery lists is the best way to reduce food waste.
The post 4 Things You Should Stop Wasting Money On appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>The post Documentaries That Teach You About Money appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>Inside Job (2010)
If you’ve ever wondered about the causes and aftermath of the 2008 global financial crisis, this documentary is a must-watch. Narrated by Matt Damon, “Inside Job” dissects the complex web of greed, corruption, and systemic failures that led to one of the most significant financial meltdowns in history. Prepare to have your eyes opened to the inner workings of the financial industry and the consequences it can have on the global economy.
Becoming Warren Buffet
Enter the world of one of the most successful investors of all time, Warren Buffett. This intimate documentary provides a glimpse into Buffett’s life, values, and investment strategies. Follow his journey from humble beginnings to becoming one of the wealthiest individuals in the world, and gain insights into his long-term investment approach and principles. Prepare to be inspired by his wisdom and learn valuable lessons that can shape your own financial mindset.
The Big Short (2015)
If you’re curious about the 2008 financial crisis and want to understand its causes and consequences, this film is a must-watch. With an all-star cast including Christian Bale, Steve Carell, and Ryan Gosling, “The Big Short” provides a gripping account of the housing market collapse and the people who predicted it. It sheds light on complex financial concepts, such as subprime mortgages and credit default swaps, in an engaging and accessible manner.
The post Documentaries That Teach You About Money appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>The post 3 Ways to Save Money When You Get Shopping Cravings appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>Unfollow and Unsubscribe
If there are some accounts that trigger your shopping habit more than others, it’s time to unfollow and unsubscribe. The truth is, they will always make you want more of what you don’t have, and using all your willpower to resist is not a good long-term strategy. Out of sight, out of mind.
Clean Your Home
By giving yourself cleaning chores you will be physically unable to simultaneously browse social media and you may even find the items you forgot about as you clean! Additionally, having a clean and calm environment will make you want new things less and be grateful for what you have more.
Find Low-Budget Fun Activities
Life shouldn’t be all about chores and not letting yourself have fun. By all means, find activities you can do alone, with your partner, or with your family, that don’t cost a ton and that will give you so many fun memories.
The post 3 Ways to Save Money When You Get Shopping Cravings appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>The post 3 Money Habits Happy Couples Share appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>Talking Openly
An open discussion about money is crucial. Talk about what your families were like when it came to money, what are your long-term goals, and what are your values. These talks will lead to developing your budget in a way that benefits you both.
Joint Accounts
While more and more people decide not to join all the finances in marriage, having a joint account for rent, groceries, utilities, and vacations can help you both feel better about budgeting money as a couple. It doesn’t have to be 50/50, you can do it proportionally based on individual incomes.
Planning for Emergencies
Couples who have some money left for emergencies tend to feel more relaxed and secure. Prioritizing this type of saving over reckless spending is incredibly important for every couple. They know they can count on each other in case anything unpredicted happens.
The post 3 Money Habits Happy Couples Share appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>The post 3 Ways to Feel Expensive Without Spending Extra Money appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>Clean Your Home
When your home is clean and free from clutter, you’ll instantly feel better and even richer. You know how rich people have someone to keep their home clean at all times? If you don’t want or don’t have money to spend on that, do it yourself and enjoy the result!
Buy Intentionally
Avoid buying a lot of things that only make your home cluttered. Carefully research your purchases and only buy things you know you’ll use and love for a long time. For example, it’s better to have 1 great bag than 10 cheap ones that you don’t really love just for the sake of having a lot of them.
Have a Hobby
You will feel richer if you find time in your day to do something you love. Crashing on the couch after work and watching Netflix for hours is the opposite of what you want! Your hobby doesn’t have to be expensive, but spending time on it will give you so much pleasure.
The post 3 Ways to Feel Expensive Without Spending Extra Money appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>The post How Safe Is It to Spend Money Right Now? appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>
#asaqueenIt’s clear that the priorities are changing as this unpredictable event unfolds. You probably aren’t buying new shoes now, but what if you’ve been thinking about getting a car or a house before all this happened? There’s really no one answer that fits all; it totally depends on your situation.
In case you lost your job or are unable to run your business at the moment, thinking about purchases will only make you more stressed. Instead, focus on the basics like food and bills until the situation gets better.
In case you’re in a better situation and still have an income and perhaps something saved, you can be tempted to reach for retail therapy and make online purchases day after day. It’s okay to order something you really need, but don’t make it a habit.
Be realistic with what you can and can’t do right now and don’t stress yourself out by setting the priorities wrong. And when this is all over, you’ll be glad you’re not in debt.
The post How Safe Is It to Spend Money Right Now? appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>The post Worried About Finances in the Time of Corona? appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>Consider the Worst Scenario
This doesn’t mean you should let panic and anxiety take over your life. It means that you don’t have to be afraid of what might happen. Try the psychological technique called exposure therapy: think about the worst possible outcome and ask yourself what would you do if that happens. You’ll probably realize that there are many options at any point.
Reevaluate Your Spending Habits
Are you regretting some non-essential purchases you’ve made in the past? Don’t dwell on them, but think about how you can change your spending habits in the future. This is a great time to reevaluate your priorities and create life and financial goals.
Practice Gratitude
Go through your possessions and organize them. You’ll see that there’s plenty to be grateful for. Use what you have and be extra careful when you want to buy something new that’s not essential for your life.
The post Worried About Finances in the Time of Corona? appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>The post 5 Ways to Feel More Relaxed About Money appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>Pay in Cash Whenever You Can
When you’re used to swiping cards at every purchase, it can be difficult to understand how much you are really spending. Giving cash makes you more aware of how much stuff costs.
Don’t Obsess About Your Investments
You got some extra money and decided to invest it in some stocks. That’s great, but don’t obsessively check the market every few hours. Three times a week is plenty.
Spend on Experiences Rather Than on Things
It’s scientifically proven that spending on experiences is making you happier than spending on stuff. You’ll be left with a lifetime of memories if you invest in some fun times, but the new, shiny things you buy become old and boring very quickly.
https://www.instagram.com/p/BlEMvD9FHKE/
Consult an Expert
It may cost you some money up front, but a financial expert can help you make the most out of your money, so it’s worth a shot.
Budget In some Splurge Money
After you’re done budgeting the housing costs and groceries, set some money aside for splurging on things that make you happy. You don’t have to spend it every month; let it accumulate and have some crazy fun in a few months completely guilt-free!
https://www.instagram.com/p/BlFZAkon8Ga/
The post 5 Ways to Feel More Relaxed About Money appeared first on My Daily Magazine - Art, Design, DIY, Fashion and Beauty !.
]]>