I’m going to end up broke in a few months. Give me some tips on reducing the impact. What things can I do in advance? What are things I should know? Give me some financial advice too, if you can

  • TheOSINTguy@sh.itjust.works
    9·
    23 hours ago

    Learn to do things yourself. Let me give you a few answers

    • Car oil change: $35 for both the oil and oil filter. Would be a little over $75 if I had a shop do it.
    • compare prices when buying food, same with the amount of food in the container compared to the price.
    • spend in cash, easier to follow a budget if you have physical money in your hand.
    • buy things from the second hand market, my laptop that I use was $1100 MSRP, got it for $750. That’s a good deal
    • don’t eat out at restaurants
    • eliminate monthly services.
    • fix broken things. I fixed my aunts AC window unit for about $10 with a used run capacitor from eBay. Would have costed a little over $300 for a new one.

    There are lots of things I could talk about, and some of these things involve learning a bit, and some time. As someone who was without a job for the entirety of COVID, it forces you to be thrifty.

    • Schlemmy@lemmy.ml
      2·
      9 hours ago

      I’ve got wrid of my car. Saves me about 400 euros a month and I lost a fair bit of weight over cycling the past 5 years. I even save more time by not getting such in traffick than I’ve lost by being a bit less mobile.

      I don’t really agree to spending in cash. Social workers around here teach people how to work with budgeting apps. There are service that connecties to your bemank account to give you an in depth analyses of you spending.

      Preparing your own meals and fixing broken stuff are great advises that have saved me tons. If you can’t fix stuf by yourself you could reach out to repair cafés or likewise initiatives.

      • TheOSINTguy@sh.itjust.works
        1·
        2 hours ago

        A repair cafe?? Im not from the EU so I’m not familiar with the customs, but is it like a cafe with tools instead of food? Or is it like a community repair shop where people go to work on stuff?

        Edit: I normally would recommend choosing to bike or get rid of a car if OP wasn’t about to go broke and cars make for amazing shelter as long as you can maintain them.