Try this before you run into debts

My country has a lot of very rich people. This lot make up less than 3% of the population. The bulk of rest of the population is either average, poor, or living in abject poverty. The average population is just... average! having a high number of average salary earners. In very many cases, you meet people whose years and level of experience do not correlate with their financial standing or capacity, Employees, business owners alike majorly suffer from under employment due to the economy, hence you find very many of my people living a near debt financial lifestyle or worse off living in debts. I am not entirely free of this however I have done a self evaluation which I believe others can learn from. I believe in spotlighting oneself first before looking out.

My Expense Review

I basically did an exercise to look inwards recently which I think would help. I am no expert but I'm not entirely inexperienced. So here goes my list

1. I reviewed by budget and expense register (I keep a notebook for this)
2. I reviewed my expenses according to priority and scale of preferences.
3. I reduced my luxuries and increased my necessities.
4. De-clutter. I basically cut off a lot of things and reduced my budget to the barest minimum.
5. I did a futuristic budget on things I needed and couldn't afford now.
   6 I learnt to build another means to fund my
   lifestyle

I hope this helps someone readjust, realign or restrategize financially.