How to Live on a Limited Budget

In order to live on a limited budget, we have to follow these steps. First, we should think about everyday needs which are required spending every month such as food, utilities, household products and transportation. Because those items are needed regularly and we can easily estimate the amount we need every month. Second, we should make the budget plan for clothes because everyone needs clothes eventhough we don’t have to buy it every month, we should at least know how many clothes we need a year. Third, we should consider what kind of equipments such as refrigerator, washing machines, kitchen materials etc. to be put in the house, because all of those things consumed a lot of electricity. So, we have to think carefully whether we have enough money to pay electric bill or not. Following all the steps, we will be able to live on a limited budget easily.