5. Avoid buying on credit

You might have been eyeing some outfits or shoes you want. Avoid buying them on credit, if you don’t want to live in debt throughout the month. It’s tempting to purchase something and tell yourself that you’re going to pay it off in installments.

If you’re constantly buying on credit, you’ll struggle to get out of the debt cycle you’ve inadvertently created for yourself. This act will affect your income and savings for the rest of the year.