Living on a tight budget is not so hard as one may think. The most important habit that you need to incorporate in your life is only buy what you really need and not what you just want. If you already have a purse and it is in good condition, there are no need of buying another one. And applying a cheapest way of life you may find out that you don't need as many things as you think. Living on a tight budget can also be a good opportunity to re-evaluate what is really important in live.