Psychologists believe that in order to improve your financial situation, you don’t need to drastically change your life and all your spending habits.
They suggest treating your personal budget like a diet - don't limit yourself too much, as it can be harmful to your health.
You also can't constantly eat unhealthy food and consume whatever you want.
In other words, we need a balance that will allow us to grow our finances in the long term.
How to Use the Soft Savings Principle
The key word for this method is consistency. You restrict yourself financially on a schedule, not just one time.
Before making any purchase, take a break for a couple of hours or even a whole day to understand whether you really need such expenses.
Keep your spending reasonable and analyze your banking history. You may not need a streaming subscription right now.
Previously, we wrote about how to make life better and accept discomfort.
