One of my close friends applies extravagant lifestyle a few years ago. This makes her look different from me and my friends. He looks more fashionable and classy. Unfortunately, his lifestyle made him have a shortage of money and stuck in debt at the end. He lost all his personal assets because they have to pay off the debt that has accumulated.
If you do not want to get stuck in debt, read tips on avoiding debt, avoid applying too lavish lifestyle and avoid the things below:
Shopping is fun. However, it does not mean that you have to throw a lot of money while doing this activity. For that reason, avoid excessive expenditure. Enough to buy a product that is needed by your everyday needs so that you can save money. If possible, look for stores that offer discounts and promo price in order to save your expenses optimally. Alternatively, shop at a particular time, such as weekends or national holidays, such as Eid, Christmas and New Year which usually stores will give discounts crazy. Furthermore, use your credit card to get price cuts. Here, you are highly recommended to use BNI credit card. If you are keen on applying this card, read here to get more information.
Ignoring all expenditure
Please be aware that doing this will only make you experience financial problems sooner or later. On the other hand, you have to plan and pay attention to your spending so you know how much your monthly detailed income and reduce expenditure if it is greater than your income. For example, if you apply for a home loan, you should create a home loan payment plan so that you can pay all the installments regularly. By not doing both of the above, the risk can be minimized trapped in debt optimally so that you can get comfort in running your life.