It’s no secret that there are all sorts of buzzwords like cryptocurrencies, bitcoins, dogecoins, ethereum, monopoly money, and China, being used here and there. At times like this, it’s important to take a step back, and bring everything back to basics. Times are changing, but money is still money and the principle remains the same. If you want tested, surefire ways to take care of your money, then look no further than the basics. Keep reading to find out how you can be more chic and efficient with money at the same time. 

dollars in dirt

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Keep track of your spending

In an age where credit cards and debit cards have almost replaced cash, it is easy to get so caught up in your spending that you do not even realize how empty your account has gotten. With cash in your wallet, you have a more tangible sense of how big your pockets are at the moment, and you see it decrease every time you spend.

Unless you check your bank account every time you use your card to pay for something, you only have a rough idea of how much money you have. Let’s be honest – no one does that. In some areas, that might not even be an option, since contactless payments do not go through right away and often require two to three days to post to your account. If you have a hard time stopping yourself from spending money, stick to cash. It might help you stay more aware of your spending habits. 


Image source: Pexels

Don’t dig your own grave

Sometimes you see that you’re digging your own grave, but it’s just too difficult to stop. This can happen by spending too much on rent for an apartment that is too expensive or just spending too much on expensive chocolates. These things have the possibility to lead you into borrowing money from family or taking out a loan. While not inherently evil, an unattended loan can turn ugly really quickly, eating away at your future savings.

If your credit rating isn’t up to par, but you don’t really know where to start, then go ahead and read at to get yourself up to speed. There are several things you can start doing almost immediately to help your credit rating walk the walk. Be it buying a house, getting a new job, starting a business or purchasing a car, all these things are affected by your credit score.

Do yourself a favor and get started ASAP. You can do something as minor as getting registered on the electoral roll to improve your credit score. Just remember no one became famous overnight, and Rome wasn’t built in a day. Take baby steps and be patient.