It’s always interesting to see how some of my fabulous and broke (“fab”) friends complain that they have no money to pay their rent, their house note, electricity and everything else they need, enjoy Caribbean vacations, drive luxury vehicles, carry designer bags and always purchase something new each week. And while the financial coach within me will only allow me to expend so much, the following is what I learned from my fab friends who live their diva dreams on a dime.
First, you must have standards. My fab friends have figured out ways to get exactly what they want at the price they want. They brag about their installment arrangements with the Home Shopping Network and QVC, treasure hunt at the designer outlets and exchange tips on leasing buying options based on dealership deals. Similarly, you must have standards about how you want to live and the price you are willing to pay to get what you want to live your dreams.
Second, you must have a plan. Instead of being an impulsive shopper and mindless consumer, my fab friends plan out their year and make installment arrangements to live their dreams. My fab friends even put aside money in easy saver accounts to ensure they have enough saved for weeklong cruises, to rent out restaurants for social gatherings and to live life without sparing anything. Similarly, when you have a plan and commit to making it happen, you will do what you must to get what you want.
Third, you must prioritize what matters. My fab friends are much like most in that they have a fixed budget, but they have embraced certain essentials in their budget. And while they know they can’t have it all on their limited budget, they ensure their budget encapsulates what they believe are necessities. Similarly, by prioritizing what matters to you, you won’t give in to the temptation of receiving and achieving based on the Haves, the Jones and the wannabes, but live as though your dreams are meant to be.
Fourth, you must become a coupon queen. Whether it is a $5.00 discount on gel nails manicure, a twenty-percent coupon at a department store or a buy one get half off coupon at a Five-Star restaurant, my fab friends will find a coupon to save more than a few dollars. And while couponing takes effort, any money saved helps accomplish more despite your limited budget.
Finally, you must live life to the fullest. My fab friends find a way to have fun with their funds. They know who they are and appreciate what they have; they don’t allow short-term circumstances to prevent them from living life to the fullest. Similarly, regardless of the size of your budget ensure you have fun with your funds.
Toni Moore, Esq.
Toni is an attorney and business coach who is committed to helping women uplevel their success.
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