7 Habits of Women Who Don’t Go Broke

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Silas & Grace

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Often times, all our money can be drained by debt and monthly payments—there’s always a utility bill lying around with an overdue payment or an upcoming birthday we didn’t plan for. Talk about stressful!

Making ends meet is not always easy to do, but these 7 simple habits will help you stop going broke at the end of the month. So check them out!


Important Side Note:

book page beside eyeglasses and coffee

If you’re in debt, then I would definitely read Dave Ramsey’s book The Total Money Makeover which you can check out here. He’s helped MILLIONS of people climb their way out of debt and have financial peace and security. So DEFINITELY check him out!

Also! He has another great book called the Legacy Journey which is a great read. Check it out here!


Rational vs Emotional

Have you inherited anything of value from a loved one you have no need for?

While it can be an emotional decision to part from assets or expensive items that we feel connected to, it can help to remember that your loved ones would have wanted the best for you.

This is just one example but it serves to show how we shouldn’t needlessly let our emotions intervene when making financial decisions. Be rational.

No Shopping Apps

If your iPhone is full of online shopping apps you’re in trouble.

A $20 dress might not seem like a lot, but it can create a snowball effect eventually and before you’ve noticed, you’ve spent a huge chunk of your income on things you didn’t really even want.

Buy, Not Lease

Of course, not everyone has the spare money to buy a house or a car with a full down payment, but listen up: it’s actually better to buy a smaller house in a cheaper area or a used car than spending a fortune long-term on renting and leasing.

Keep Looking for Additional Income

Gone are the days when a single 9-5 job could afford you a good lifestyle. It’s time you turned your hobbies into income or work on that idea you’ve been passionate about for so long.

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Say No to Impulse Purchases

Ever been to the grocery store to buy something and instead came home with something else? Don’t worry, you’re not alone. Make a list before leaving and avoid going to irrelevant isles.

Also, make sure to never shop when you’re feeling hungry! We tend to buy more food than we need when we’re hungry.

A Plan for Debt

Paying off your debt should be one of your top priorities when it comes to managing finances. Increased interests will suck all the money out of your account in the long run; it’s a trap!

So separate an amount from your salary for this purpose every month. It takes discipline but it’s very satisfying long-term.

Overspending on Entertainment

We spend more than 10% of our monthly income on entertainment. While it is absolutely important to enjoy your life, let go of the “live in the moment” logic because you need money for the future.


These tips will hopefully make your finances a little smoother and your life a bit easier! So try them out and let us know what you think!

Chasing Foxes was started in 2016 as a way for Grace and her husband, Silas, to start traveling. However, they started to realize that they had a passion for improving themselves, and wanted to help others level up their lives as well. So whether it's with cooking, travel, or staying healthy, they want to help you better your life bit by bit, as they do the same.

Managing Finances Money

Silas & Grace

Chasing Foxes was started in 2016 as a way for Grace and her husband, Silas, to start traveling. However, they started to realize that they had a passion for improving themselves, and wanted to help others level up their lives as well. So whether it's with cooking, travel, or staying healthy, they want to help you better your life bit by bit, as they do the same.

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