The pressure we put on ourselves to make enough money and save enough money can help us achieve our goals, but it can also seriously affect our mental health.
If obeying each rule makes us anxious, then excessive use of our emotional resources can interfere with the enjoyment of the fruits of our labor.
This is why we believe that sometimes you have to break the rules and not shirk responsibility. Here are some financial rules that can hurt your mental health:
Rule That Can Be Broken 1. You Should Live With Your Roommate While Paying Off Debt
There is no doubt that rent is a consumer of wages. This is usually the largest part of your monthly budget, so living with a roommate can help keep costs down.
But living with the wrong roommate will drive you crazy. Discussing the labeled food, the time to welcome guests is too long and the room smells strange, making you wonder if it’s worth saving the money.
However, he Yes You can spend a little more money to live independently, saving your sanity and again Pay off your debts. You just need to stop making payments to your credit card company.
A website called slim Shady Can help you do it. If you owe your credit card company $ 50,000 or less, AmOne will offer you a low interest loan, which you can use to pay off every balance you have.
advantage? You will have to pay an invoice every month. And because personal loans have lower interest rates (AmOne’s interest rates start at 3.49% per annum), you get out of debt faster. Much faster than the 36% interest rate charged by some credit card companies.
You don’t need a perfect credit score to get a loan because comparing your choices won’t affect your score at all. Additionally, AmOne will keep your information private and secure, which is perhaps why it still gets an A + rating from the Better Business Bureau after 20 years in business.
It takes less than a minute and only 10 questions to complete Find out which loans you are entitled to – You don’t even need to enter your social security number. You need to give AmOne a real phone number to qualify, but don’t worry they won’t spam you over the phone.
Breakable Rule # 2. Cut Costs By Canceling Netflix, Hulu, and Spotify Accounts
How much do you spend on all subscriptions each month?
Just kidding, don’t answer that question. The real question is: how much happiness does your subscription bring you?
The answer is likely to be multiple. The baking shows are a way to relax, “Tiger King” brings people together in a dark year, and watching a good comedy at the end of the day can free us from the problem in an hour and a half.
Therefore, when Netflix asks you if you are still watching, before you say “no”, please find another place to save some money, so that you don’t take away your weird and peaceful murder show.
One expense that will never hurt your heart is your auto insurance. When was the last time you checked the price?
You should buy your selection every six months or so, it can save you a lot of money.
A website called Insurance net Make it easy to compare auto insurance rates. All you have to do is enter your zip code and your age, and it will display your options.
By using Insure.com, people can save an average of $ 489 per year.
Yes, it’s true. In a matter of minutes, you might have almost $ 500 in your pocket See your options.
May break rule 3 make all food from scratch to save money
Baking a beautiful cake for your friend’s birthday or crushing your own baby food will make you feel like you’re saving money, sometimes it is.
But the time it takes to chop all the vegetables to make the meat sauce wastes time that you can spend with your partner or read a good book. Are the few dollars saved really worth it?
If half an hour a day is worth it for you, opt for pre-chopped onions and canned mashed carrots. you deserved! And you should also be making money.
A free app called To receive a prize Simply purchase ketchup and over 250 other items at the grocery store to receive gift card rewards.
It works as follows: After downloading the app, simply take a photo of the receipt showing that you have purchased an item from one of the brands listed in Fetch. For your efforts, you will get gift cards from places like Amazon or Walmart.
you could Download the free Fetch Rewards app here Start receiving free gift cards. There are already more than a million people who own it, so they must make a difference …
Breakable rule # 4. DIY everything at home
Expensive housekeeping services that you can do yourself: lawn maintenance, house cleaning, laundry, dog bathing.
Expensive housekeeping services, if you spend the money to have someone do it for you, you can get back to life: lawn care, house cleaning, laundry, dog bath.
Time is money. The time saved by letting professionals take care of your less favorite household chores is the time you save for yourself.
You can spend an entire Saturday scrubbing the floor and dusting the fan blades, or you can have a picnic in the park with friends. Or take a nap. Your time has come back, you are using it to do what you want to do.
So don’t feel guilty for spending a little bit of money each month to have someone wash the car. Budget and enjoy your well deserved vacation.
Unbreakable rule # 5. Never splurge on non-essential items
We know, we know the best things in life are free. But have you ever thought about rewarding yourself with a pair of stilettos after achieving your goals? (Author’s note: Yes. Yes, I had this dream very clearly.)
But when a pair of shoes you wear once a year costs as much as a month’s worth of food, it may be easier to bury that dream in the dark depths of your empty shoe cabinet.
However, there is a way to do it. The same way you save for vacations or homes, create a savings account and keep that goal in mind. Count your monthly deposit into your budget in any way to record your goals. $ 10 here, $ 20 there, it’ll add up eventually.
If you are looking for a place where you can safely hide the money for that pair of shoes, but still earn some money, put it in a desire Account. It allows you to earn up to 16 times the average interest on the funds in your account (now the average 0.06% on other accounts is nothing).
Plus, if you use a debit card, you can earn up to 5% cash back with the purchase.
These red soled shoes are closer than you think!
Enter your email address here Get a free Aspiration Spend and Save account. After confirming your email, securely link your bank account so they can start helping you get extra money. Your money is FDIC insured, they use military grade encryption, which is a nerd talk of “it’s completely safe”.
May break rule 6. Sell all unwanted household items, clothing and toys
You may have gained a lot in your time on earth. Maybe your spring cleaning is getting a little out of hand and you have a bunch of things you don’t need anymore.
When you realize that you have to sell everything in a certain way to make money, the relief you feel in the cleansing is quickly destroyed. Where do you start? Poshmark, Facebook Marketplace, LetGo, Craigstlist, garage auction… Uh!
Unless something is really worth it, you won’t need Sell everything. You may feel the pressure when trying to list everything, set up meetings, and negotiate prices, which might not be what you need right now.
So give up. Send them all to the donation center (don’t forget the tax credits!), List the interesting items in your local Facebook group Don’t buy anything and even have a free garage sale!
If financial rules affect your sanity, sometimes you have to break them. Now, that doesn’t mean making the wrong decision for the sake of a good time – just think it’s our permission to get rid of all the odds and ends and come up with a healthier solution for you and your wallet method.
Kari Faber is a full time writer for The Penny Hoarder. She believes in mental health >>>>