Tips to eliminate ant expenses
There is a triad of questions that help you know if your expenses are a leak or an investment. The first is “do I really want it?”, the second is “can I afford it without sacrificing something else?”, and the third “do I need it?”.
If the answer is yes in all cases then you do not have much to think about, but if you sacrifice the possibility of changing your old cell phone, which sometimes turns off, for having a couple of coffees a day then there may be some things to consider.
To have a personal finance strategy in which ant expenses do not become a plague, the Condusef recommends making a basic budget of income and expenses, for this it takes into account the following steps:
1. Divide your expenses into fixed and variable.
2. In your fixed expenses consider only food, housing and services, and transportation.
3. In your variable expenses consider footwear, clothing, communication services, personal care, house cleaning and entertainment.
4. Once you have recorded your expenses for at least three months, analyze what you can cut, this step is made easier when you add up how much of your income is consumed between tips, bottles of water, soft drinks and sweets.
5. Start a savings strategy, the money you allocate to ant expenses is the one you have the most available, those extra coins in the car, the change they gave you when you paid with a ticket. Allocate all those ‘leftover coins’ to savings and turn this concept into a fixed expense to which you allocate the highest proportion of your salary that you can, over time you will see how that ant expense becomes a fruitful ‘little ant saver’.