Personal budget can be treated like a healthy diet. Of course, you can limit yourself in everything, but there is still the risk of one day falling off and starting to spend every penny of your money, just as there is the risk of starting to overeat donuts after a week on water and buckwheat. Fortunately, there is always a golden mean between the extremes. In the field of personal finance, this "soft economy" is a useful and effective tool that allows you to maintain a balance and increase finances.
"Soft economy" has an unobtrusive effect on relationships with money. She admits that radical lifestyle changes are often not sustainable. Therefore, instead of depriving yourself of dining out, entertainment and shopping, you should look for less painful ways to cut costs that will work in the long run.
The key to "soft economy" is consistency. This is a constant moderation, not a one-time restriction. Maybe not right away, but you will notice and even be surprised how much money you manage to save, just because you realized in time that you simply do not need some things or that you want to buy them solely because of stress. Here's how to achieve this:
If one single principle had to be distinguished from the idea of "soft economy", it would be flexibility. If you start berating yourself for every little thing, you will quickly give up. The point is not to be perfect, but to regularly choose savings over spending when it is reasonable. Form healthy financial habits that you can practice every day and give yourself the opportunity to enjoy life.
