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5 Ways To Become Financially Responsible: Live The Soft Life You Deserve


When it comes to being financially responsible, people assume it’s another boring part of adulthood. However, it’s a smart way to get in charge of your finances so you don’t go broke. Simply put, it’s living within your means and staying prepared for the unexpected.

In other words, being financially responsible is being accountable for yourself. It’s intentionality with the way you spend, save or budget for different things in your life. Whether it’s your salary from the job you don’t like but is paying the bills or monthly allowance from your folks or sugar mummy/daddy…it’s the smart thing to do.


So if you want to do better with your money, we’ve got you!

Check out 5 ways to be financially responsible…

1. Make a budget and stick to it

How can you be financially responsible without a budget? You can’t. From weekly budgets to monthly cost specifications, you need to how much or how little you intent to spend. This way, you know what’s going out of your accounts, as much as what’s coming in.

2. Short-term and long-term savings

Do yourself a favor and save as much as you can. Group them into sub categories like emergencies, irregular expenses, rent, repairs and maybe shopping. Don’t just spend away your income, make sure you’re keeping some away for when SAPA comes lurking.

3. Educate yourself or get professional help

If you feel like you don’t know enough about money management, then you probably don’t. Do some research on the best ways to splurge or spend within your income bracket. And if you’re not satisfied, seek advice from finance specialists who can help you be accountable and responsible.

4. Close your eyes to impulse buying

Being financially responsible is being disciplined. It means saying no to purchases that you know would end up haunting you in the future. From the little things like clothes and food to major stuff like devices and gadgets…stop saying yes to every appealing thing on sale.

5. Live below your means and avoid lifestyle inflation

Finally, one thing you need to do is be realistic. You know what you earn so you know what you can and can’t afford. Don’t use other people’s lives as a yardstick for yours when it comes to spending. 

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