One thing is worth keeping in mind right now: for the past few years, spending needs more restraint than before. After these pandemic years, a lot of people have learned the same lesson firsthand—money is not easy to make, and it may not get any easier going forward. That is exactly why consumption has to be more rational, and impulses need to be kept in check.
A lot of small habits can make a real difference.
- When skincare products go on sale, buy a little if you need it, but do not stock up excessively. Having enough is enough.
- Luxury goods are best avoided if possible. Keeping cash in hand brings more security than owning another expensive item.
- Clothes, shoes, and bags only need to be practical and sufficient. This is especially important for women who are easily tempted to keep buying new outfits, handbags, and shoes.
- Household necessities should not be overbought either. If you buy too much, some of it will sit unused, expire, and end up wasted.
- If you can avoid getting a gym membership, do so. When you have time, going বাইরে to run for an hour gives you fresh air and saves money at the same time.
- Try to cook at home whenever possible. It is cheaper, more worthwhile, and more hygienic. Ordering takeout costs more, may not be very clean, and often is not that nutritious either.
- There is no need to keep buying accessories. Most people rotate through only a few pieces anyway, and the rest just sit there unused.
- If you already have a car, do not rush to replace it. If you do not own one yet, it may be better to wait a bit before buying—unless you are already very well off. With fuel prices high, plus insurance, parking, and maintenance every month, a car becomes a major ongoing expense.
- When you go out, bring your own water, or make a cup of floral tea to take with you. It is healthier and cheaper. Milk tea and bottled drinks outside are not great for the body when consumed too often, and they are not cheap either.
- Do not take taxis every time you step out. Public transportation is convenient enough now, with subways, buses, and plenty of shared bikes available.
In the end, life needs planning. Learn to budget for yourself, save more whenever you can, and if possible pick up a small side job once in a while to earn a little extra spending money. If something does not need to be bought, then let it go. Keeping money in your own hands matters. Even if work suddenly disappears, at least you still have some savings to rely on while you look for the next step, and you will not feel quite so panicked.