“Look at your shopping as an important expense or bill,” says Daisy Lewellyn, style expert and author of Never Pay Retail Again: Shop Smart, Spend Less, and Look Your Best Ever ($15; Gallery).
Here are some tips on how to keep your finances on track and remain stylish while doing so:
Say no to impulse shopping: “It will run your credit cards down to the ditches,” Lewellyn says. Assess your finances and plan in advance. Then put aside a set amount according to your salary and discretionary income.
Find ways to save in other areas and use what you saved for shopping. “Instead of eating fast food or getting pricey coffee every day, make your lunch and coffee at home, and contribute the savings to a shopping fund,” Lewellyn suggests.
Get an ‘accountability partner’ and put her (or him) on speed dial. “My best friend Joelle loves to shop. She sends me picture texts of things she wants to buy, but won’t purchase until I give the approval,” Lewellyn says. “I am her shopping support, and help her avoid wasting money on items that she can either get for a lower price or will not really use.”
Read the rest of this article at Black Enterprise.
Keep the Faith!
Until next time,
~E
~E
No comments:
Post a Comment