Search Helium

Home > Society & Lifestyle > Lifestyles & Subcultures > Lifestyles

Tips for living with very little money

by Jerome Espinosa Baladad

Created on: August 19, 2009   Last Updated: July 05, 2011

Months before writing this, this writer chanced upon the blog of Daniel Suelo,  whose personal advocacy is to limit to zero the use of money in the world. He has started doing this by becoming a positive role model of his own advocacy.  Imagine living in a cave with so few possessions somewhere in Moab, Utah, for over 9 years now and making do with whatever comes his way by deliberately spending zero dollar. He even writes his blogs in public libraries and has been interviewed about his peculiar  lifestyle. Inspired by Mr. Suelo, this writer believes everybody can live with so little money and work out something according to one's respective personal circumstances:

1) Budget, budget, budget.

Come up with your monthly budget. Tally down the items in your daily spending versus the money that you earn. As mothers have been telling their children, 'live within your budget,' which is easier said than done. Just come up with something that works for you so that you will know how much money you spend monthly, and how much money you earn to afford yourself your expenses.

2) Join support groups.

Befriend and go out with people who are known for their thrifty habits. You can always learn a thing or two from their habits, and subsequently design something that can work for you.

3) With the little money that you have now, you better start doing only those things that you personally want to do.

Spend your time only on activities that answer the deep desires of your heart. Time is the biggest measure of money, and to misspend your own time on activities that you don't really deeply care about, is just like throwing away your money or whatever little money you have in your pocket now.

4) If you will have to buy something for your own personal use or your family's use, buy quality and not quantity.

For example, if you will buy a pair of shoes, buy the pair known to be of best quality. Or if you still do not have the budget, wait for the sale period or just save until you have enough money to spare. At least, you are getting what you personally want, plus you are saving in the long run by using only quality goods.

5) Learn to de-clutter yourself from all other extra stuff you have in your home.

Give away the goods that eat precious space in your living space, both literally and figuratively speaking. Do a garage sale. Exchange them for something more useful for you.

6) Learn to cook and learn to do marketing of the ingredients at the best prices of the food that

Helium Debate

Cast your vote!

Is freemasonry a cult?

Click for your side.

262597

Featured Partner

Tomorrow's Peacekeepers Today

Tomorrow's Peacekeepers Today's short-term mission is to provide vital security information to non-government organizations (NGOs) and recommendations on how to protect third-party nationals while on the ground in foreign countries.more


CONNECT WITH US

Read
our blog
Helum for writers

Write and get published
Share with other writers
Polish your freelancing skills

Join our active writing community
Helium Content Source for Publishers

Quality articles from proven freelancers
Exclusive rights, fast turnaround
Brand engagement, business blogging -- our writers do it all

Get custom content today!

INFORMATION


Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA
#