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7 Financial Mistakes You Don’t Need To Make Anymore

7 Financial Mistakes You Don’t Need To Make Anymore

Financial stress affects every aspect of your life. We are living in a society where we can just charge, charge, and charge. It seems like we are never satisfied. There will always be the latest gadgets, cars, and fashion to buy. With so many options, it’s easy to make financial mistakes. These mistakes will get you out of your depth and ultimately take control of your life. Read on for seven common financial mistakes and make sure you don’t ever make them again.

1. Paying unnecessary ATM or bank fees.

Banks are established to make money. With so much going on in life, it’s easy to not check your accounts on daily basis. This financial mistake is common and can really become a problem. ATM and bank fees add up over time, and if you’re not aware of how many fees your bank is charging, you will continue to lose money. Speak with a representative from your bank and be clear what the ATM and bank fees are. This will help you avoid unnecessary fees. Furthermore, you may want to check out some banks that literally have no fees, like Capital One 360 or Charles Schwab.

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2. Ordering too much take out.

Let’s face it: we have busy lifestyles. We can have a very hard day at work and come home late. When this happens it’s very difficult to be motivated to cook a nutritious meal. It is so much easier to just order take out on the way home. Nutritional value aside (this could be a whole other topic!), the price of ordering take out on a regular basis can seriously add up over time. Sometimes Chinese food can be from $10, $12, and sometimes even $15. And who doesn’t love ordering Chinese food every once and a while? Just keep in mind, you could spend that same money and buy something like the ingredients for a healthy pasta from the grocery store. Aim for things that allow you to cook enough for leftovers. You can always bring leftovers to work on your way out the next morning. Leftovers = One Free Meal = You Save Money.

3. Not telling your money where to go.

Money was meant for spending. What’s the point of having money if you don’t eventually spend it? Most of us understand this; it’s probably instinctual. We see money in our account, and we usually have an inclination to spend it. If you don’t tell every penny of your money where to go, there is a very good chance it will disappear. The crazy thing is, most of the time money disappears by small, seemingly insignificant purchases that add up, like ordering take out or eating fast food, magazine subscriptions, clothes, movies, etc.

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In a nutshell, the best thing to do with your finances is to calculate how much income you make and subtract the total amount of your bills and your expenses throughout the month. In your expenses, if you can, be sure to specifically allot a certain amount of “fun money” for yourself, which allows you go out and buy magazines and clothes, etc. If there is any remaining money after you subtract your expenses and bills from your income, put that aside for some savings goals.

4. Never making priorities in life to decide where your money should go.

It’s crazy to think that so many people rarely, if ever, stop and actually think about what things in life make us happy. It makes sense to spend money on the things that make us happy, right? Unfortunately, many people live on autopilot and continue to let their money slip away from them on small, insignificant things that ultimately don’t matter. Don’t make this mistake! Instead make happiness a priority and organize your finances so you can spend money on things that will be fulfilling to you. It doesn’t have to be expensive, either. It could be as simple as just paying a baby sitter so you can spend a few hours of quality time with your spouse.

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5. Starting a retirement account too late.

This is a very common mistake. It can be difficult to see the consequences of not investing in a retirement account. Because there is no instant gratification in saving for retirement, it might be hard to be motivated. Put simply, every day you delay saving for retirement you are hurting yourself. Because of the percentage rate of retirement accounts, your money actually compounds over time. Time is the key word here. If you start early you will actually be making good money by the time you retire. Dave Ramsey recommends to put away $250 a month. The best time to start an IRA account is literally as soon as possible. So start now!

6. Not paying off loans and debt as soon as possible.

This is the exact same concept as point 5, except the situation is reversed. If you have any debt at all, you want to do your best to pay that off as soon as possible. Over time, your account balance won’t be ‘making money’. Instead, you’ll be losing money. The longer you wait, the worse things will get. If you wait too long, debt can spin out of control. Don’t let this happen to you. Make it a priority to pay off any debt you have and avoid accruing any more if you can help it. The best way to handle credit cards is to always live below your means and pay the account balance in full at the end of every month.

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7. Not living within your means.

There is a misconception that if you have good-quality things in your possession, you feel good having them and you will feel good when people see that you have them. Not true! Driving a Toyota Corolla with little debt is better than having a Mercedes-Benz you can’t afford and tons of debt.

The truth is, there may be a legitimate amount of satisfaction from having good-quality things. In fact, there’s nothing wrong with having expensive things. The trouble comes when you overspend way outside your means in order to purchase something. The stress that follows is not worth it. There is no price to having a happy, stress-free life. The amount of satisfaction from owning something purchased beyond your financial means wears off after a while. At that point, all you are left with is the financial stress. Why invite troubles into your life? Remember: smarter is better than sexier!

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Tiffany Mason

Tiffany is a life coach empowering women to unleash their feminine essence & design a meaningful life & marriage.

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Last Updated on April 19, 2021

40 Healthy And Really Delicious Meals You Can Make Under $5

40 Healthy And Really Delicious Meals You Can Make Under $5

Ever had those moments where you really wanted to eat something delicious and healthy but didn’t have the financials means to do so? Whether you’re a student or parent, this compilation of 40 great, healthy, and inexpensive recipes will make every night special and help you get fit! No more meals where you have to force the food down! It’s time to make that budget your best friend and turn it into great recipes. Enjoy!

1. Fish Tacos in Crunchy Shells ($3.56 per serving)

Is there a better way to end the day than a Fish Taco dinner filled with protein and nutrients and is easy on the wallet? This recipe calls for a boys’ or girls’ night in front of a good movie or game.

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    2. Mini-Meatball Noodle Soup ($3.43 per serving)

    We’ve heard of the delicious spaghetti and meatballs recipes, but imagine having that same meatball goodness in a soup? It’s like Christmas in a bowl. Healthy, warm, and only $3.43 per serving.

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      3. Spaghetti and (Vegan) Meatballs ($2.13 per serving)

      Now it’s time to look at the traditional spaghetti and meatballs recipe, but with a little twist: vegan meatballs. This way, you can enjoy the Italian tradition without adding on the extra calories. I’m sold!

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        4. Kabocha Squash and Lentils ($3.12 per serving)

        Absolutely delicious way to end the day with a Kabocha Squash and lentils dinner. The beauty of this recipe is that you can actually make many other things from the mixture, from dips to full-on meals. All under $5 per serving.

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          5. Baked Coconut Lentils ($0.91 per serving)

          Coconuts are always a good idea, but it doesn’t have to be eaten only for dessert or breakfast. With this great recipe, you can now eat a lunch or dinner filled proteins and a coconut twist. Yum!

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            6. Easy Marinated Roasted Chicken ($3.40 per serving)

            We love chicken and at less than $5 per serving, we are in heaven with this recipe. Add some vegetables and rice on the side and you’ve got yourself a full meal!

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              7. Organic Greens and Goat Cheese Gratin ($2.36 per serving)

              This is absolutely divine. You get in your healthy greens and your fat macros with this great recipe. Takes only a few minutes to make and it’s easy on the wallet. Bon Appetite!

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                8. Beef Pot Roast ($3.22 per serving)

                One word: perfect. This meal will warm your insides and fill you up with the high protein content.

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                  9. Fajita-Style Quesadillas ($0.43 per serving)

                  If you want to eat Mexican tonight but want to stay in your budget, this Quesadilla recipe is your best friend. It’s tasty and filled with healthy ingredients for less than a dollar per serving.

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                    10. Fish Tostadas with Chili Lime Cream ($2.82 per serving)

                    Another great lunch idea for the busy days ahead. Prep this in the morning or the night before and you’ve got yourself a healthy and cheap lunch meal!

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                      11. Beef and Black Bean Chili ($1.36 per serving)

                      Might not look like much, but this amazing chili is actually extremely healthy for you. The protein from the beef and the carbs from the black beans will fill you up in no time, and keep you full for a long period of time. Delicious and warm, just right for the winter!

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                        12. Crispy Fish and Peppers ($2.18 per serving)

                        Amazing recipe for anyone looking to change up their meals while keeping their macros in check and not going overboard on spending. Satisfies your crunch tooth (see what I did there?) and gives you all the protein you need to stay full and lean.

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                          13. Vegetarian Gumbo ($1.50 per serving)

                          You have the perfect macro mix here with the carbs, fats, and proteins. At less than $5 per serving, you’ve got yourself a meal that will last for the whole week!

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                            14. Mexican White Bean Soup ($0.99 per serving)

                            With the cold weather creeping in, it’s not a surprise that soups are coming back in style. This great Mexican White Bean Soup dish will keep you warm for winter without making a hole in your pocket.

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                              15. Black Beans with Mango & Cilantro ($0.38 per serving)

                              Mangoes make every dish a little bit sweeter, which is why we absolutely love this recipe. A normal rice and bean dish might be a little meh, but add the sugary taste of mangoes and you’ve got yourself a party!

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                                16. Bean Burritos ($0.71 per serving)

                                If you’re having people over tonight and don’t want to spend too much time or money on food, this dish is a great option! You can even cut up the burritos into pieces and make finger foods while everyone’s watching the game or gossiping.

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                                  17. Five-Spice Beef Kabobs ($2.43 per serving)

                                  The spices in this recipes add a delicious twist to the beef kabobs, which is definitely worth trying!

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                                    18. Cornmeal Crusted Pork ($1.92 per serving)

                                    If you like the fried crunch but want to opt for a healthier alternative, cornmeal is your man. This healthy recipe will satisfy all your fried desires without making you pop open your pant’s button.

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                                      19. Chicken, Tomato & Cucumber Dinner Salad ($2.57 per serving)

                                      Easy to do, extremely healthy, and super delicious. A must-try!

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                                        20. Lentil Soup with Beef and Red Pepper ($1.90 per serving)

                                        I can’t believe how cheap this meal is, especially for all the nutrients it contains. You can make a big pot on Sunday night and divide it into small portions to last you a whole week.

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                                          21. Smoky Mushroom Stroganoff ($1.90 per serving)

                                          Craving pasta but not sure what to top it off with? How about smoky mushrooms with a twist?

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                                            22. White Bean Tuna Salad ($1.36 per serving)

                                            You can add this White Bean Tuna Salad in your sandwich or just eat it as-is for a quick lunch on a busy day.

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                                              23. Sausage Eggwiches ($0.80 per serving)

                                              Who says you have to eat fast food to get an eggwich? This delicious recipe will give you an amazingly healthy eggwich for less than a dollar per portion. Can you say Breakfast?

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                                              Sausage-Eggwiches

                                                24. Baja-Cali Black Bean Salad ($1.17 per serving)

                                                Great snack to add to a movie-night with friends. You don’t have to use chemically-processed salsas anymore, you can now use this homemade salad for your chip dips.

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                                                  25. Gnocchi, Sweet Corn & Arugula in Cream Sauce ($2.24 per serving)

                                                  Italians always knew how to make carbs look good! This delicious Gnocchi recipe will give your lunch a whole new meaning. Easy to make and only $2.24 per serving.

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                                                    26. Vegetable Lasagna ($1.73 per serving)

                                                    If you were looking for a healthy lasagna, you’ve just found it. At under $5 per serving, you can fill yourself up right away without putting on the extra calories.

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                                                      27. Fajita-Ranch Chicken Wraps ($2.05 per serving)

                                                      Don’t know what to make for lunch this week? How about delicious chicken wraps with a healthy ranch? This recipe will make all your lunches, even the quick ones, healthy and colorful.

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                                                        28. Quinoa with Pan Roasted Brussels Sprouts ($1.24 per serving)

                                                        A dish that has quinoa and brussel sprouts can’t be unhealthy, it just can’t, which is why this dish is one to keep in the books. Easy to make, healthy, and will keep you full for a long period of time.

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                                                          29. Butternut Squash Chili ($1.04 per serving)

                                                          You don’t need meat to make chili now that you have this recipe! It’s 100% healthy, filling, and smells absolutely delicious.

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                                                            30. Fast Shrimp Bisque ($2.03 per serving)

                                                            Seafood doesn’t have to be expensive if you know how to do it right, and this fast shrimp bisque is a great recipe to try if you’re in the mood for some seafood!

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                                                              31. Chicken-Noodle Casserole ($0.98 per serving)

                                                              Looks divine doesn’t it? This super easy to make dish will satisfy all your taste buds without burning a hole in your wallet or adding a few extra numbers on the scale.

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                                                                32. Burrito Cups ($1.18 per serving)

                                                                Entertaining someone tonight and don’t know what to make as appetizers? These burrito cups are a great alternative to chips or other greasy finger foods. All you need to enjoy it is a spoon and a cup.

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                                                                  33. Lemon-Dill Shrimp & Pasta ($2.45 per serving)

                                                                  Another impressive shrimp recipe under $5 per serving. The lemon-dill twist adds a great taste to the dish.

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                                                                    34. Potato Frittata ($0.87 per serving)

                                                                    If you want to eat potatoes for breakfast but still want it to be healthy, this is the recipe for you. At under a dollar per serving, this potato frittata will make you see potatoes in a whole new light.

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                                                                      35. Grilled Pork and Pineapple ($2.67 per serving)

                                                                      Meat and fruits? Oh, yes. The juiciness of the pork mixed with the liquid sugar in the pineapple will make you wish you knew about it sooner.

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                                                                        36. Greek Honey-Lemon Pork Chops ($2.15 per serving)

                                                                        Another splendid recipe mixing sweet and salty for a healthy meal. Easy to make and absolutely mouthwatering.

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                                                                          37. Jamaican Pork Stir-Fry ($2 per serving)

                                                                          You can add this healthy stir-fry to any dish as a side or amply enjoy it as-is for lunch or dinner. You can even make a wrap sandwich out of it if you’re in a rush to eat.

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                                                                            38. Herbed Salmon ($2.49 per serving)

                                                                            Salmon contains a healthy dose of fats that will boost your metabolism, lower inflammation, and make you happier. At under $5 per serving, need I say more?

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                                                                              39. Five-Spice Pork Kabobs ($1.96 per serving)

                                                                              Exquisite recipe under $5 per serving that will most definitely awe everyone at your dinner party.

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                                                                                40. Stuffed Sweet Potatoes with Mango-Black Bean Salsa ($1.24 per serving)

                                                                                You don’t have to eat sweet potatoes alone anymore with this flavorful recipe.

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                                                                                  Featured photo credit: Featured Photo Credit: 5 Dollar Dinners via 5dollardinners.com

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