How to maintain an expensive lifestyle within a budget
Do you love having an expensive lifestyle? Maybe you are known for it, by your family members, within your circle of friends and perhaps even online if you have a following. When you lead an expensive lifestyle, it can be difficult to maintain. Especially when everything in life is getting pricier and you might not have that extra cash available to use quite as much. We all have basic bills to pay so making the most of every penny is important. That expensive lifestyle might need a little bit of assistance at the moment, allowing you to live how you want within the means you have. Let’s have a look at how to maintain an expensive lifestyle within a budget.
- Keep a close eye on your finances
- Luxury food can be created at home
- Key statement pieces
- Travel efficiently & effectively
- Look for sales and discounts
Keep a close eye on your finances
How well do you know your finances? How often do you look at your bank account or stay on top of where your money is? It is important when you are leading an expensive lifestyle, to know exactly what is happening with your money. Where it is, what it’s being used on, and what you actually have to live on after you’ve paid your expenses. If you have any savings, where are they and are they growing at the best possible rate?
When you keep a close eye on your finances you can see where you are spending over the odds, where you are haemorrhaging money and perhaps where you can cut back. Looking at your money and ensuring you know everything about it inside out, will allow you to figure out what money you can actually spend. With prices skyrocketing, where you might have once had £500 a month to maintain your expensive lifestyle, you now only have £50. Whilst this might not be the news you want, it means you can spend your money wisely and ensure you don’t get into debt by paying out more than you actually have.
Luxury food can be created at home
Food can be a huge expense. Not only for families putting food on the table but for those wanting to live an expensive lifestyle too. Whilst you might want Instagram images of you in fancy restaurants, in reality, that is going to cost you quite a bit of cash. Grab plenty of images when you do visit those places and remember you don’t have to buy the most expensive thing on the menu whilst you are there! Save up for those moments and stick to your budget.
The rest of the time, cook food at home. It can still look utterly fabulous and different from the run-of-the-mill. A wonderful tablecloth, details, nice plats and intimate shots can help make your food look divine. Stick to your budget, find unusual and luxurious food products on offer and enjoy living that expensive lifestyle on a budget.
Key statement pieces
Investing your money in statement pieces can help you enjoy that expensive lifestyle without needing to have everything item that you wear costing a small fortune. It could be a bag, a pair of shoes or a jacket. These can bring your wardrobe to life and help create the illusion of completely expensive attire, without the overall price tag. What will you add to your wardrobe? If you are looking for other statement pieces, you don’t necessarily need to buy them.
There are companies that you can rent branded and designer goods from. This can be a great way to show your expensive lifestyle at the fraction of the cost. If you do buy things and feel that they have been worn plenty, they still have value. You can sell them second-hand on platforms such as Vinted and Shpock.
Travel efficiently & effectively
If you love to travel as part of your expensive lifestyle, be sure to do so efficiently and effectively. Travel can be expensive, especially during popular times of the year and to hot spot destinations. Why not opt for somewhere a little bit different? If you love skiing, go to a less popular resort. If you love sunshine, try an up-and-coming location rather than the place that everyone heads to.
Choose those flights which perhaps aren’t as convenient, or have an extra stop which reduces the price. This will allow you to have more cash in the bank for enjoying things when you are there or for another trip, another time! You can also travel from one destination to another, rather than flying home to fly out again. This cuts down the number of flights you need to pay for whilst still giving you a wonderful experience.
Look for sales and discounts
Looking for sales and discounts for your expensive lifestyle can help you do more and afford more. Using all your money to maintain an expensive lifestyle is simply not going to end well. You can find sales and discounts on all areas of your expensive lifestyle. Shop outlet stores for your clothing. You can even look on eBay or in charity shops which can be incredible treasure troves! Earn cashback on your hotel stays. Grab vouchers to use on travel.
The list of opportunities and ideas is endless and every discount you can find will keep a little bit of extra cash in your bank account. Stretching your budget in every possible way will allow you to continue enjoying your expensive lifestyle without paying out quite as much as you once were. By searching online for promo codes and even negotiating the price of some items face to face, you can save a little bit more money as you enjoy life in all its glorious designer attire!
It isn’t going to look good if someone who prides themselves on the flashy things in life ends up having them taken away because of unpaid debt. The expensive lifestyle isn’t for everyone and there are often other things in life we need to save our money for. But if it is important to you, find ways to live it without emptying the contents of your bank account every month.