But dining out can seem pricey compared to a year and a half of home-cooked meals, especially if you experienced pandemic-related financial hardships. It could be time to recalibrate your spending habits according to the current situation. Doing so just takes some planning and a healthy dose of honest communication.
RECONSIDER YOUR VALUES
Your values may have changed over the past year. Ask yourself a few questions: What did I start or stop spending money on? What specific money goals do I have now? Your answers can help you create a list of your current values, in order of importance, which can lead to an updated spending plan. If you have a spouse or partner, involve them in this process, too.
“Many people think this process is for those who can’t save,” says Julie Quick, a financial planner, adding, “I would argue it’s for people who want to live intentionally.”
MATCH SPENDING AND SAVING WITH UPDATED NEEDS AND WANTS
Bu hikaye The Times of India Mumbai dergisinin October 06, 2021 sayısından alınmıştır.
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Bu hikaye The Times of India Mumbai dergisinin October 06, 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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