How to get expensive things on a small budget

gboyinwa ajomale

October 30, 2017 2:16 PM

Though with a tight budget, it seems difficult to achieve big dreams. But it is actually possible to get expensive things on a small budget.

We all have expensive things we desire to get, either short-term or long-term.

Here are ways of getting expensive things on a tight budget.

1. Define what you want

You need to have a clear definition of what you want to get. You should have realistic desires though.

Take a while to decide what you really want to get. Take some time to define what you want and try to your research and also get concrete details before you start planning towards it.

Are you planning to get a new car which could be either short-term or long-term goal, or you want to build a house which is a long term goal, you need to define it.

2. Calculate the cost

You might not have an actual amount of what you want to get. Notwithstanding, you should have a rough estimate, that you can work with.

Find how much it will cost, even if prices may change every now and then. This would prepare your mind on how to set your saving goals.

3. Set savings goals

After establishing a feasible cost for yourself, then you can set a saving goal.

How much you want to save every month to achieve your goal. Check your budget on what you can cut out and also take some other simple frugal steps to avoid spending on unnecessary things. You'll need to do a lot of sacrificing.

ALSO READ: How to save money easily

4. Give Yourself a Deadline

Though you might not meet your deadline, you must try to work with a deadline.

Set a timeline for when you want to actualize this dream.

Even if you don't meet the deadline, it shouldn't discourage you from not achieving your dream. A deadline is meant to keep you focused on what you are looking forward to.

5. Motivate yourself

It is so easy to give up when you are looking forward to something, especially when things are not working out fine. This shouldn't deter you from achieving your dream. Motivate yourself and review your progress. It helps to remain enthusiastic and also boosts your morale.

gboyinwa ajomale