You could end up losing at least 18lbs in a single year by shrinking the size of the dinner plate by 2 inches only. This is in line with the Small Plate Movement that was established by Dr.Brian Wansink who works at Cornell University to help enhance healthy eating habits. The main aim of the movement is to help people eat on small plate sizes in a bid to reduce over eating and calorie intake. They say by doing this, a person can end up losing a lot of weight. This can be applied to an individual’s personal finances especially for people who are looking to make changes at this front by:
When a person does not have a big plate to eat all the food from they will probably consume less. Similarly when the bank account is not stuffed chances are that you will also end up spending less. A percentage of your money should be put into savings. It is recommended that you put this away into an account that you cannot access immediately.
As you trim the bank accounts, it is also advisable to shrink the cash that you carry in your wallet and pockets. This is because carrying cash around encourages spending. The same happens when you are carrying many credit cards at once. This said, you can try and carry very little money and one or two credit cards that can be used in case of emergencies or when you are about to make a large purchase that you are likely to get some fast cash rewards.
One of the ways that people end up spending a lot of unnecessary finances is by buying houses that are too big for them. It’s usually not easy to refuse this offer as mortgage brokers and lenders are willing to max a person out. With house expenses taking a huge chunk of your expenses it is important to look for ways to eat less so that you can establish and maintain a healthy financial future. Getting a smaller home means that you will not have to purchase very many things to fill it. While thinking about home expenses, it is important to check on it on all corners including the amount of money that you spend on pets. You can opt for cheap pet insurance that could help you save thousands of pounds at the end of the day. Compare premiums that are offered by different insurance providers to choose the one that suits your financial situation best.
Avoid clutter- another technique that can help you spend less is to avoid buying stuff that you do not need or are never going to use. The more things you have, the more money you will need to spend. It is therefore important to look for more thrifty ways of living by only spending money on things that you really need and will help you out. Minimalism is the only way to go as the less stuff you have means that you get fewer headaches and also spend less money.
