Recognize The Challenges
Admittedly, controlling your spending is easier in theory than in practice, especially if you live at home and receive an allowance or earn money from a job.
Why? Because someone is paying for your bills. As a result of this, a large percentage of your money maybe available for you to spend at will. And spending can be fun. Pressure may arise if your peers pressure you into spending beyond reasonable limits.
For example, among my peers affording the kinds of wears superstars post on social media is the trend, it has become a major form of living a good life. Lot of young men spend so much money in an attempt to to boost their reputation with friends and associates. They try to impress others with what they have rather than who they are. This tendency can cause real financial problems for you, especially when you have credit card.
鈥djust Your Habits: If you are the type that spend more than you anticipated on some items and accumulating debts, adjust your spending habits. Pay your debts. Stay in control.
