If there’s one thing that the majority of people can agree on, it’s that times are pretty tough at the moment, for various reasons. Even if we weren’t dealing with a global pandemic and other issues, there would still be those perennial issues that we have to contend with.
Take money, for instance. Doesn’t it feel like we’re always swimming against the tide when it comes to our financial situation? However, while you can’t magic money out of thin air (though that would be nice), it’s important to remember that you may have more money than you think you do. Nearly everyone does. In this blog, we’ll take a look at a few reasons why this is the case.
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In the Drawers
We live in a consumer culture, and in fact, this is where most of our money vanishes too. The money that you earn gets spent on gadgets and other belongings. It’s important to remember, however, that this money isn’t necessarily “dead” as soon as you spend it, however.
You do own something, after all — and in many cases, those items can be sold once you’re finished with them. The average home has hundreds of dollars’ worth of unused goods in their drawers. Have a clear out, get selling, and you might just find that you can significantly improve your bank balance.
Overspending
When we say “overspending,” we don’t necessarily mean buying things that we know we shouldn’t buy (say, new clothes every week), though this habit isn’t helpful. We mean overspending on our bills. Take your internet connection, for example.
Many people opt for the fastest internet that they can afford, but this is rarely needed — most users just don’t require lightning-fast internet connections. Could you drop down to a slower service? Most likely. If you’re going to spend your money, be sure to spend it on things that are actively required.
Money That’s Rightfully Theirs
It’s tough enough to have healthy finances without also leaving money on the table. Yet that’s just what many people do. We live in a system of rules that can help protect people and also help them more generally, too.
If you’ve been involved in an accident that wasn’t your fault, then you can click here and get the compensation that’s rightfully yours. It’s also worthwhile checking to see if you’re entitled to any tax breaks. There are more tax breaks out there than most people realize — do your research, and you might just find that you’re able to save a significant amount of money.
Asking For a Raise
Or what about asking for a raise? If people knew how receptive bosses were to the idea of giving raises, more of them would ask. If you haven’t received a raise in a long time, and know that you’re a valuable member of the company, then approach your boss. They know that it’s better to give a long-term employee more money than it is to hire a replacement, which costs more money.