Bullying tactics used in places for influence

Whether it is politics or finances, there are certain times when people or companies influence us.

10:02 17 June 2013

Sometimes it may feel as though everyone is telling us what to do with our own money. Family members might all have opinions about our budget and what to spend our extra money on. Friends exert some influence about what we purchase.

Tactics used may not be at the same level that some MPs in Parliament have apparently been experiencing at times, when the opposition may want to prevent a person from speaking, but it can still make it difficult for us to decide what to do with our own finances.

Here are a few ways to decide what works for you with your finances.

• Budget—while many people think budgeting is a one-size-fits-all endeavor that really is not the case. Everyone’s situation is different and we manage our finances differently as well. Different does not mean inferior either. You have to do what works for you, or it will not matter how often your budget.

 

• Software—there are many different software programmes that offer a variety of benefits for those trying to manage their finances. Always see if there is a trial version before you purchase. Even if you have similar taste as that of a friend who recommended Quickbooks, it does not mean you will like it or that it will suit your individual needs.

 

• Spending money—this is one of the trickiest parts of managing finances. You might really want to go out to eat with friends, or to the cinema with family, or both. You may need to decide between one over the other, or perhaps invest in something completely different such as a hobby.

Perhaps your wardrobe is a bit lackluster and needs a new shirt. Before you accept invitations, think about how much you have available for spending money, and then decide what you will get the most enjoyment from to help you decide.