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Good advice. Live on bare minimum. Soon you would realize life isn't all that bad with half the expenses. At the same time, if you do enjoy spending or in other
by jyothi 18y ago
Good advice. Live on bare minimum. Soon you would realize life isn't all that bad with half the expenses. At the same time, if you do enjoy spending or in other words for many these days getting frugal makes you feel inferior, insecure, might give a sense of failure in that case I would advice you get these feelings out first by speaking it out to someone as to why this is necessary and why this is good.
List down your expenses today, sit down and cut out everything that is not necessary. Scale down everything that can. And it doesn't matter if you don't sit in the Starbucks cafe or if your friends find you odd when you don't buy a fancy meal when you go out.
For rent see if you can pack it in a home office, or on a sharing basis.
Get all of these done in a month, if it gets dragged the feeling as i mentioned before gets too bad and pulls your spirit down as you would keep thinking of every penny.
Once you are lean, just put a expense plan and a plan for the company for the expected run way. Go crazy on execution. Good luck!