Is the cost of living affecting your finances massively? Here’s what you can do about it!

It is no joke that our lifestyle choices are taking a huge toll on our finances. The cost of living isn’t getting any lower and the salaries aren’t getting any higher. At the end of the month most people tend to spend more than they earn and that has created quite a concern around. The cost of living crisis is turning out to be a nightmare for people who are hustling but the inflation rates are getting them nowhere. Here are some tips to survive and sail through the cost of living crisis!

Take A Look At Your Direct Debits

Direct debits are a great and easy way to pay your bills on time. For the most part, you don’t have to worry about paying the bills as they would be automatically debited from your account on a certain date once the account is linked with the vendor. However, it is also important to take note of your direct debits once in a while to make sure you don’t pay bills out of contracts. Take a day and sit with your direct debit accounts to understand if you are paying extra money somewhere or if all your payments are in place.

Haggle With Conviction Wherever Possible

Not to sound cheap, but haggling is a must if you can. Some providers like you local market vendors would often agree to a reasonable haggled price. Haggling can save you a lot of money especially on your food or clothing. If you buy anything from thrift or local markets, make sure you haggle good to really get the best worth out of your money. There’s no shame in haggling because most of the times local markets price items taking into account the possibility of haggling.

Stop Buying And Start Selling

You need to get in a good amount of cash flow. So, if you have anything lying around your house or wardrobe that you most absolutely don’t need, sell them! You can sell anything obsolete starting with old and worn down phones, old car that does not work anymore, electrical appliances, books, newspapers, utensils, clothes, makeup –you name anything and you can sell them all. Instead of letting these old things make a pile in your house, sell them which would ensure you get a good deal.