How to Take Charge of the Situation Despite Being Broke

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At one point in time, we all have been overdrawn. Being broke can create a lot of weaknesses. One of which involves losing out on one’s self-worth. Being broke is part of living. It is a teacher in many instances that teaches us how to spend and deal with money issues.

When you are broke:

  • Utility providers, tax and government policies will be thought-provoking. The president becomes an adversary.
  • You will grasp that the flowers are cakes that have lower eminence. There are no price tags attached anyways.
  • Your credit card will be lying fallow in your locker. Who wants to get his credit card declined at a restaurant?
  • You will learn creative ways to decline a request from the restaurant. Since you are certain to be responsible for the pay. A typical response would be, “We are having family dinner”.
  • You will assume that people hosting events and functions are wasting a lot of money.  

These and many more situations may turn a gentleman into a complete chicken. It is important to take charge of yourself when you are broke.

Below are some tips on taking charge despite being broke:

1. Manage what you have.

Be contented with the little you already have. This makes you a gentleman. He that can’t endure with little can’t handle much. Treat whatsoever you have with love. It is time to do some cleanings, and even “rinse the paper plates.”

What Do You Have?

  • you have the gift of nature,
  • you have all it takes to keep you alive till the trying moment runs over,
  • you have friends and family,
  • you have admirers and fans and
  • You have you.

2. Be calm and Have Fun.

Remaining calm keeps you in control of any situation. Even a gentleman will lose focus when he is stressed out. Smile away the idea of being broke. When you are broke, it is time to do the previously known silly things.  You should get rid of the idea that you are broke.

You can laugh over the unpaid bills. Joke about how you stayed up all night checking the pocket of your old pants for a change.

3. Abstain from loans, as much as you can.

The loan is an enemy at this moment. The truth about the loan is that it only delivers a temporal solution to the problem. Paying back might place you in a grim spot.

As much as you can, endeavour to avoid getting a loan from any source. You don’t want to be avoiding your friends and co-workers. The ability to do away without loans makes you a gentleman.

4. Food is important.

Though you have less, that doesn’t mean that you should settle for less. You should try your bid to treat yourself to a decent meal, at least once in a while. And, whenever the opportunity arises, never decline to an offer. You should know that ‘mac and cheese pizza’ might be the wrong response to “what will I offer you?”

Another lifesaver is getting your meal prepared yourself. It is cheaper. A real gentleman should know how to cook. If you don’t, well, make sure that the helpline for an emergency is within your reach.

5. Skip the unnecessary stuff.

Now is the time to skip out on some stuff that may yield no fruit. At this point, you should learn more about these words— important, relevant, cheap and expensive. Classical doesn’t always have to be expensive. Being broke enables you to get rid of unplanned purchases. Your gold wristwatch cannot predict the future. That’s for sure.

You can replace the gym with morning drills (cycling, skating, hiking, pushups etc.) This moment shows how beautiful nature can be. Don’t you think so too? 

6. Understand the “Green bills”.

Money is a tool for the exchange of goods and services. It is important to understand the money language as a gentleman. You should learn the basics of finance, business, commerce and any other money language, such as inflow and outflow of your money.

The basic understanding you have about your money will prevent you from getting caught in the same spot next time.

Final note

In summary, you should understand that being broke is for a while. There are tough times even for the exclusive and wealthy folks. Being broke offers a chance to appreciate the little you have and get to realize what is important in life. “You can’t touch this”, said MC Hammer. He is in the best position to explain this.

In addition, a gentleman is an inspiration to others. He always looks like he has money. He never shows his scars. He covers them with a smile. Be that man that will give others purpose to smile despite all odds. Be that man!

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