11 Ways to Feel Rich (Even on a Budget)

11 ways to welcome luxury in your life without guilt

Money is a concept — what gives money value is that it can buy an abundance of time, supplies, and space, and options. With this in mind, the feeling of richness doesn’t come from money itself, but from those things money can buy. This means you can feel “rich,” even on a tight budget, if you feel like you have those options. — Emma Schwarz

Fast forward to 2020, I’m a woman in my 20s. Still not wealthy, but definitely not poor. One of the things that I’m grateful for on a daily basis is that I no longer have to worry about food, toilet paper and good, clean underwear. Yes, never having a set of pretty and comfy underwear is one of those things that makes me never wish to be younger.

Feeling rich is about feeling like you’re in control of your time and your money. It’s about being in control of the uncertainty of life, for the most part anyway.

If you want to feel rich, work towards creating a life where you feel safe, secure, calm and contented.

How to feel rich even when you’re on a budget

1. Control your debt

One of the downsides of being an adult is having to graduate from college or university with student loan debt. It’s your introduction to adulthood.

“Hiding from your money problems exacerbates them, but it’s impossible to stop hiding without first overcoming shame. When you start talking about money, whether that’s your bad spending decisions or growing up in poverty, only then can you get rid of the shame surrounding it.” — Ashley C.Ford

2. Have financial accountability meetings

Date your money.

“One of the greatest forms of freedom comes from knowing what is important to you. It grants you the freedom to ignore everything else.” — James Clear

3. Live below your means

Living below your means will leave you feeling like Wonderwoman or superman!

People who live far below their means enjoy a freedom that people busy upgrading their lifestyles cant fathom. — Naval

4. Pay your bills on time

Is there a better feeling than knowing that all your basic expenses are covered? Makes you want to lie on your couch and binge your favourite show as you sip your favourite drink like a boss!

5. Build an emergency fund

For someone who was once stuck in debt, I can’t believe there’s cash money just sitting in my account, idle money, maybe having a party in my checking account (it had better not cost a dime!). To me, that’s a wild thing!

A fit body, a calm mind, a house full of love. These things cannot be bought. They must be earned. — Naval

6. Always have house supplies

What’s a better way of adulting than always having what you need before you need it? This could be groceries, paper towels, toilet paper, cleaning materials, or your favourite shower gel.

7. Talk about money with your partner

Since we established that feeling calm and in control is what we’re aiming for, have that money conversation.

Over the past few years, I’ve learned that to be good with money is like a good long term relationship. Instead of everything being chaotic peaks of highs and lows, there is a more quiet, sustained happiness that allows you to plan for the future, feel safe and comfortable and really figure out what you want in life. — The Financial Diet

8. Treat yourself without feeling guilty

The reason a lot of people are afraid and get defensive when they hear the word budget is because they think that a budget is restrictive.

“Budgeting isn’t about limiting yourself-it’s about making the things that excite you possible.” The Financial Diet

9. Having a clean house…without clutter

Your environment determines how calm you feel throughout the day. Living in chaos is catastrophic to your mental health.

10. Make time for hobbies

Having money is supposed to afford you free time. You don’t have to wait until you retire to enjoy your favourite hobby, life is too short!

Know that you will have a million different passions and desires and dreams in life and that being savvy with money will be the difference between never giving yourself permission to pursue them and being able to live without them. — The Financial Diet

11. Practice gratitude

Be grateful for how much money you have now as you work towards being the wealthy you that you always fantasize about.



Your voice of reason before you blow all your money this weekend! www.thewealthtribe.com

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