STICK TO A BUDGET
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Prepare a budget and stick to it. Avoid spending on non-essential items and impulse purchases, as this type of spending delays your dream of owning your own home
Record and analyse your expenditure over a month to reveal opportunities for savings. Write down everything, including miscellaneous items, such as coffees, taxis, presents and meals out. These everyday extras can add up over time. For instance, two takeaway coffees a day can cost up to $200 a month; money that could be put towards saving for a deposit for your first home
If you have all your transactions coming from your credit card it should be easy to see where your money is coming from and where it is going, this will allow you to complete a budget which you stick to!
Do you want to know how you can create and save a simple budget that you can refer to in the future and stick to?