Crazy Things Happen - Tackle your spending spree problem

In this part of the world, weekends often signals the beginning of a spending spree and a lot of people act recklessly all in the name of cruising over the weekend.

They spend as if money grows on trees and they don't mind spending down to the last cent in their account.

That's ridiculous, isn't it? l know how insane it is to even imagine that someone lives that way but I've seen many teens, singles and married people making such unwise financial decision so, l know what I'm saying and l don't intend to mince my words for any reason.

Just to be sure, are you one of those that empties your account due to weekend expenses?

Weekends are for resting so almost everyone feels the need to blow off some steam and relax in ways that suits them. Some go for shopping, travels, parties, movies, etc. Of course, all these make each weekend enjoyable but there is always a price to be paid for it.

Everything boils down to debiting your account. This on it's own does not count as a bad thing as far as you are spending 5% of your earning or 10% at most. I mean, you've got to save for rainy days and you've got to invest. But then, is that how you plan out your weekend expenses?

How much are you planning to spend this weekend?

You don't need to tell me. Just look yourself in a mirror and tell yourself the truth. I won't be surprised to hear that some of us are already cashing out 50% of all they earned within this week. Not that I have any problem with cashout, it just wouldn't make sense for anyone to blow off everything they earned just because of some cheap thrills.

Some wouldn't mind cashing out 100% of their earnings, but the reward system is recurrently saving their ass.

Tips to take in order to readjust your spending habits

Well well well, you might be among those that have been making a mistake of reckless spending in the name of enjoying the weekend but it's not yet late to readjust your spending pattern for the sake of your financial status. Take note of these;

1. Draw a budget: Spending money without having a budget only increases our chances of being broke despite the amount on your paycheck. You've got to draw up a budget
to make sure that you will never spend more than you earn

Scary, eh? Well, you don't have to make it to be as perfect as that of someone that is running a degree in Harvard Business School. Just keep it simple and stick to the plan.

2. Don't pay except if it's something you need: Before you jump to a conclusion, I'm not asking you to grab items in a mall and bounce out without footing the bills.

The plan is for you to overlook that pizza if you've already had lunch. Don't bother getting a sports car if it will take up your 10 years salary.

Do you get the gist? There is no better time to start being conscious of your spending habits than now.

To all those that are economically active, you've got to remember everything written here and forget nothing.

Thanks For Not Missing Any Full-stop Or Comma
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