Controlling your income streams is hard enough you don’t need the added hassle of dealing with changing expenses. It’s better to pay a little more each month than to have to worry about the money leaking out of your bank account. Here are three ways to make sure your expenses are pretty much the same every month.

Get insurance

Insurance companies have a bad rep and it’s understandable. But you have to think about yourself, having someone who should cover the unexpected expenses that pop up is a lot better than having to deal with them yourself. If need be you can always sue the insurance company but it still beats having to pay thousands of dollars out of your own pocket.

I’m not just talking about life insurance, apply it the whatever you can. To your phone, computer, home appliances etc. Not to mention your car and home. You’re going to spend those few dollars on junk anyway so you might as well spend it on something that will protect you in case of a loss.

Meal prep

Meal prep is not just healthy it’s cheap. Take the time to plan your menu and a day to cook everything ahead of time. That way when you’re deciding if you’re going to eat out the fact that you have food ready at home will change your mind. I’m not saying not to eat out at all, you should allow yourself some for of pleasure. Just don’t put yourself in a position that eating out is your only option because you don’t have the energy to cook after a long day.

Plus, buying your food in bulk will stabilize you spending.

Set a percentage of your earning a side for clothes

Clothes are not made of steel at some point, you will have to replace them. Whether it’s a torn pair of pants or worn out shoes. This is another expense that creeps up on you and attacks when you’re not ready for it. If you’re like me and hate shopping for clothes at least have a fund that will cover you shopping expenses when you need it.

Nothing is as annoying as the feeling that you have to go into debt for something you hate. Following these tips might adjust your spending, but at least you know what your overhead is. Now all that’s left is to go out and make some money.

I hope you found this post helpful, if so like it and share it with your friends. And while you’re at it, check out my ebook ‘level up your business’ a guide to starting your own business the right way.

 

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