Adopting a healthier financial lifestyle requires discipline and it can be a challenge.  After all, it’s very tempting to just swipe your debit or credit card only to realize that you’re now in a significant amount of debt.  Being aware and learning from the following tips will help you transition into better financial habits.

Don’t spend without thinking about the future.  Not everyone has the leeway to set aside 10% of a paycheck, especially if you live paycheck to paycheck.  However, if your situation allows, it will provide a cushion in the event of an unforeseen emergency.  Over time, these funds can be incredibly helpful even if you lose your job or have to take time off of work.

Create a budget.  Are you the type that just spends hoping that everything will work itself out?  Not having a budget can be dangerous and it can easily lead to overspending which means you may not have enough money to cover your car payment, mortgage, or even buy groceries.

Don’t buy more than what you need.  Do you really need that huge SUV that quickly guzzles gallons of gas?  Is the house you’re buying twice as large as what your family needs?  Learn to scale back and reduce or remove expenses where possible.

These financial tips are provided to you by Fort Lauderdale bankruptcy attorney Bigge & Rodriguez, P.A.  If you need a Fort Lauderdale bankruptcy lawyer or have questions about Chapter 7 or 13 bankruptcy, call 954.400.7322 to speak with us.  We also specialize in foreclosure defense.