How to enjoy Luxuries without hurting your business funds

Augusta

VIP Contributor
There's something about your business funds, if you are not careful with it then you might just ruin your business. So when you need to splurge on a thing from your business funds then you have to be a lot careful. But all the same life is for the living and luxuries isn't just for the rich anyone can indulge but you need to apply caution if your business still need some work on it.

So do you like luxuries like going on a vacation, having a massage at the spa, eating at a luxurious hotel in town and other stuff you might just like to do to enjoy then you can achieve it without running down your business. So use the following guidelines

1. Write out the different luxurious things you want to accomplished

2. Now place them in order of importance. Which do you want to achieve first

3 Now find out all the amount you would need to achieve that. Also state how you can cut corners to get the same thing at a lower or cheaper rate.

4. Then save towards it in the most convenience way. Remember your business money is what you would be enjoying. So make sure it is only the profit from the business

5. Then go for the first one, accomplish that before moving to the next one.

What do you think?
 

Yusra3

VIP Contributor
Visiting the theatre or taking a lush dining somewhere is perfectly fine if you stick to your budget later on. Keep them apart that were strictly business funds will not be used to pay for events like travel and recreation. Creating a separate savings account to cover for any other unplanned expenses in your budget plus defining your own spending limits (e.g., not buying an impulse purchase if it goes beyond the budget). For students who are collecting things, it is an absolute necessity to stay updated with the upcoming sales, discounts and thus saving on the actual retail price. Lower down or curtail luxury items to instances where you need birthdays or accomplishment to make yourself moderate. With discipline, either you can save your nice spending till the time your business has money flow and will not disturb its financial structure or you can en rather enjoy the nice things without affecting the flow and its financial structure.
 
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