Save money by cutting out luxuries

cherry123

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• Jan 25, 2023

• #1

This is a good way of cutting down on your expenses and saving money. you would need to bring all your luxurious buying down and the end result will be money saved.

 

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Bisolami

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• Jan 25, 2023

• #2

cherry123 said:

This is a good way of cutting down on your expenses and saving money. you would need to bring all your luxurious buying down and the end result will be money saved.

Click to expand...

I have always loved to buy luxury items but I realize that I needed to save money so I will do it the way I buy those things.

 

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Springtime

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• Jan 25, 2023

• #3

I buy luxury items once in a while to pamper myself. I always buy them at the time of sales promotion, and I just buy items I can afford.

 

nomad

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• Jan 25, 2023

• #4

Spending on luxury items is one of the things that I end to avoid always.

 

Starmix

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• #5

I no longer but luxury items. Prices this time keep on going up and up. There are cheaper but look luxurious. It depends on how we carry ourselves.

 

Shavkat

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• Jan 25, 2023

• #6

It has been years that I am living in simple lifestyle. There is no problem about cutting down things that needed to save money for me.

 

eldavis

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• Jan 25, 2023

• #7

Like they say, cut your coat according to your size. This is also the same reason most people fall into debts. They tend to spend more than they earn.

 

Golden9

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• Jan 25, 2023

• #8

Spending on luxurious items is something I try to avoid. It's easy to make it a habit if you do it often enough, and it affects your spending and savings pattern.

 

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Ebutech

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• Jan 25, 2023

• #9

Yes also cutting down one's exorbitant and extravagant lifestyle is a default way of saving huge amount of money even without the person's knowledge.

cherry123 said:

This is a good way of cutting down on your expenses and saving money. you would need to bring all your luxurious buying down and the end result will be money saved.

Click to expand...

 

freelancermaria

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• Jan 25, 2023

• #10

Since the novel coronavirus pandemic began, I no longer buy luxury goods. I understood how crucial it is to lead a frugal life, especially in these trying times.

 

Reedex

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• Feb 28, 2023

• #11

It is always better to cut out luxuries so that you can minimise your expenses as much as possible.

 

cherry123

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• Feb 28, 2023

• Thread starter
• #12

Yesh it is good to always cut out luxuries that will just drsins your pockets thru are not needed especially when they do not add value to your life in the long run

 

Niyi Briggs

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• #13

There comes a time when you just have to live a basic life. That's because you are trying to build your financial life. There is no need having a wardrobe full of clothes and you don't have money.