Siana Westley - UK Lifestyle Blog: Living On A Budget: Things Every Girl Should Know*

June 15, 2015

Living On A Budget: Things Every Girl Should Know*

Living on a budget is not just a phase - it's a lifestyle. Of course, you want to look stylish and have fun, but you don't want to break the bank. If you're anything like me, you'll know how hard it is to stick to a tight budget.
Sure, you might have all the best intentions in the world, but how are you going to make it work? Never fear - I'm here for you! I've got some killer advice to share that I think every girl could use.

1. Cut out frivolous spending

Sometimes, there is just no need to spend money on things. For example, if you happen to be a coffee drinker, spending £3 on a latte might seem like no big deal. If you do that every day, though, that's £15 per week on coffee. Who knew that drinking java could be so costly? These are the silly things you need to cut down on if you can. Start buying cheaper coffees than you usually do and save the money you would have spent.

2. Start saving for your future (right now)

Your future might seem like ages away right now, but that doesn't mean that you shouldn't be saving for it. The last thing you want is to retire without having saved any cash at all. If you don't already have one, you should check out various pension plans. That way, you will find that you have some savings for your future. Go on - you'll thank yourself later!

3. You can still be stylish on a budget

As you know, I love looking stylish and feeling fabulous. That's just who I am. That doesn't mean that I spend everything I have on clothes, though, and neither should you. If you shop around, you can get some great budget buys for next to nothing. Just take a look at my recent Primark haul. When it comes to buying clothes, you need to think about whether you can afford them.

4. Getting on the property market is not impossible

Getting on the property market might sound tricky at first, but it's not. Sure, here in London, the cost of houses is crazy, but that doesn't mean you should give up. There is no need to take a defeatist attitude when it comes to this issue. If you haven't heard of a buy to let investment yet, you should look into it. The scheme allows you to buy a property and rent it out to cover the mortgage. With so many people needing housing here, you should have no great shortage of tenants.

5. Social activities needn't be super costly

When you go out and about with your friends, how much do you tend to spend? Let's say you buy a drink at a bar and then go for a quick bite to eat. That could cost you anything from £15 to £40, right? Is that money you can afford to waste? You don't need social events to be expensive. Now that summer is here, you can start to make the most of the weather. Go to the park and take a walk together. Have a picnic. Do anything you can that is free. Your bank balance will thank you.

6. Keep track of your finances

Sure, keeping track of your money is a little dull. Believe me, no one likes this chore, but you'd better get on with it as soon as possible. You should get internet (or mobile) banking so that you can look at your finances whenever you want. The more attention you pay to this aspect of your life, the better it will be.

Let me know whether these tips help you! If you try, you can live on a budget just like me.

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