Do you want to live a fulfilling life without breaking the bank? Do you want to enjoy the finer things in life without sacrificing your financial goals? Do you want to be bougie without going broke?
If you answered yes to any of these questions, this article is for you.
We’re going to give you 6 tips on how to live well on a budget and how to treat yourself without breaking the bank. These tips will kickstart your ability to get down and bougie (sorry).
1. Save Smart
A pivotal component to living bougie on a budget is to track your finances and set goals for personal purchases. Keep track of how much you’ve saved and be thoughtful about how much you can spend.
MoneyLion offers a convenient marketplace to compare high-yield savings accounts from our trusted partners that could help save and grow your money.
2. Spend Smart
This means shop around for the best deals, use coupons and discounts, and negotiate prices when possible. Use cash-back apps and credit cards that reward you for spending money on things you already buy. Lower your bills and expenses by switching providers, bundling services, or using tools like Arbor, TruConnect, and Allied Coverage, all of which are available on the MoneyLion app and can help you save money on your utilities, phone bill, and insurance, respectively. For more, check out our Bougie on a Budget tips here.
3. Spread Your Wings
You don’t have to spend a lot of money to have a good time. You can explore new places, cultures, and cuisines by traveling locally. Unless you live in Ohio, in which case, we can’t help you. You can also learn new skills and find new hobbies by taking online courses or joining communities.
4. Be Creative
You don’t have to settle for bland or generic products or services. You can customize and make your own clothes, decorations, and accessories using what you can easily find. Use what you have on hand before buying something new, and repurpose or recycle items that you don’t use anymore. Express yourself through DIY. Who knows? You might find out you have hidden talents.
5. Treat Yourself–Within Reason
It’s okay to splurge on a budget. Just make sure your rewards are reasonable and don’t undo your progress. For example, you can try at Home Microneedling, self care or even a nice dinner (but probably not a trip to Vegas). As you save and track your finances, you can level up your bougie.
6. We Got You
MoneyLion has you covered with tips and hacks that will make living bougie on a budget a lot easier. It’s all about planning. You deserve it. And we agree.
Download the app today and get started on living your best life.
