Keep An Eye On Your Spending

Have you ever found yourself really wanting something and you think you're good to get it but then your card declines because you maxed it out? Yeah, you may want to consider tracking your spending habits then and make sure you aren't going past your limit.

Don't get me wrong, I am all for some self-indulgence every now and again but there is a difference in splurging once in a while and spending all your money without taking into consideration what you can actually afford. 

I can not speak for everyone across the globe, but at least for those here in the states, when you are given a credit card, you really should try and keep your usage below 30% of your total allotment. You may feel like that is an incredibly small amount, especially if your card limit is not that big to begin with; but you will quickly realize that the interest you accumulate will equate to more than what you actually spend and if you can not keep up with paying the card off right away, the amount of money you will spend in the long run might just be triple or quadruple what you would've spent if you had just waited a month for you to have more cash in hand for an item.

Now, I do also understand that sometimes you just have no choice and need to get necessities or something breaks and needs to be replaced right away, but then you need to consider finding other ways to limit yourself and make payments. 

And getting yourself a dozen cards to increase your limit is not the solution either. What happens when you can not make all the minimal payments on any of those cards? You are going to have a lot of people jumping down your throat trying to get their share of your life.

So maybe just take it easy and try living a little bit more in your means, okay? 

I'm not saying you can't go get that new book or new tool, I am just saying make sure you are aware of what you have spent already and what you can afford to spend in the future.

Look out for your financial health and you mental/physical health will stay just a smidgen better too! Just because we say money can't buy happiness doesn't mean it isn't correlated.