By Ayesha Haider, BA, MBA, AFC© Candidate, FINRA Military Spouse Fellow For most of us, receiving a tax refund is a...
Some people desire a luxurious life full of opulence, adventure, and sheer pleasure. Unfortunately, for many people, a luxurious life is too costly and way out of their budget. The good news is that, even if you can’t afford a luxurious life, you can upgrade a few things in your life without breaking the bank. The purpose of the upgrade should be to add value to your life and make it beautiful. Below are seven ways to upgrade your lifestyle on a budget.
1. Try Something New
You can upgrade your life by trying something new. Try a new hobby or skill; it will have a massive impact on your life. You can learn a new language, read several books, and even look for a new job. If you are a sports person, you can try learning a new sport or game. Undertake outdoor adventures such as hiking, camping, mountain climbing, and fishing. Plan a high-class picnic with friends and get an unforgettable day.
2. Renovate your Home
A disorganized, messy, and cluttered house lowers the quality of life and the aesthetics of your home. You can renovate your home by de-cluttering, repainting, changing the lighting, investing in art, rearranging furniture, and adding a few accessories. Take time to get rid of the things you no longer use in your home ranging from clothes to utensils, books, and beddings. You will be surprised at how clean, organized, and fresh your house will feel and look. For bigger projects consider using the equity you have in your home with a Home Equity Loan. A big plus from this type of loan is it may be tax deductible, consult your tax advisor for more information. Renovation improves the appearance of your home and enhances the mood of its residents.
Who said traveling is a reserve for the wealthy? You can travel on a budget and explore different destinations. Travel cheaply by locating cheap luxury destinations, going off-season, and taking advantage of discounts. Travel does not necessarily mean traveling out of your country; you can also be a local tourist. Explore other cities and states in your country.
4. Cook Quality Meals at Home
Forget the fast foods and take-outs; it’s time to upgrade your lifestyle with quality home-made food. Create a culture of cooking food at home instead of eating out every time. Homemade food is not only healthy but also cost-effective. Try out some new recipes, bake something new, learn a new cuisine, or make a favorite meal you love to order.
5. Exercise Regularly
Complement your healthy eating with regular exercise. You don’t have to hit the gym. You can run, dance, play a game, or walk around your neighborhood to stay active. Exercising keeps you healthy, improves your mood, and lowers your chances of getting sick.
6. Reinvent your Fashion Style
Upgrade your life by reinventing your fashion style. Try some new styles, designs, and trends in fashion. Shun the baggy jeans and t-shirt dressing style. Aim to look your best when leaving your house. You can hire a personal stylist to help you create a personal style and choose the right outfits at a budget. Visit thrift stores and get vintage clothing, designer clothes, and fancy dresses at a friendly price. Spend more on quality clothing as opposed to quantity.
7. Treat yourself
Upgrade your life by giving yourself affordable treats. If you can afford a spa treatment, go for it. If not, take a long shower with good scents, bath oils, and bath bombs. You can get a pedicure, hang out with friends at a nice restaurant, buy yourself something nice, or go window-shopping.
You don’t have to upgrade your life by drinking champagne, waking up in five-star hotel rooms, or traveling the world in private jets. You can upgrade your life on a budget by focusing on adding value by. trying something new, renovating your home, exercising regularly, traveling, makeing new friends, and reinventing your fashion style. All these things add value to your life and make it beautiful.
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