1. Make a realistic budget
~snipe~
This is where the major work would be done, having realistic budgets. It defines you as per standard of living, what you can archive within a period of time, how you’re expected to raise the funds for these expenditures and when it’s expected to get exhausted. That’s way, you have a summary of what your circle would be and how to keep up.
2. Find out what triggers the cost
It's important that we know this if it's stress, boredom, pressure from friends, need to follow the trend and so on. It is important that we have discipline in these things if you want to avoid overspending. For example, if you're bored, you hang out online shopping at Lazada, Amazon, and others, this habit should be replaced with something more productive, such as cleaning the house and others where you can avoid it and do something good.
That’s another one. At the very most, we are humans and as humans, we are moved by a lot of emotions. Some of which makes us depressed, feel under appreciated, feel we aren’t doing enough and just like that, you’re pushed out of the space of what you can do, should do or shouldn’t. Peer pressure or societal norms, a not to be caught in circle.
4. Make the 24 hour rule
This rule helped me when I was building in this way. Because when I want to buy something, I put it off for 24 hours, and during this time I learn how to assess these things. Usually the excitement we experience disappears immediately after a few hours. You imagine the sacrifices you will make when you accomplish them. Like the small savings you have or sometimes we will even borrow the money we will use here. At least in this way we can avoid impulsive buying or bursts of emotion.
That’s some rule!
I haven’t really thought this through myself but, it’s definitely something worth trying out to see how my interest plays out. It just might get intense, can’t say for sure but, if this happened to have proven useful in your case, then it’s worth trying.