You can unknowingly prolong your financial lull by continuing to make bad financial decisions, i.e. spending money when you should instead be cutting back your spending.
You may try to justify certain purchases, rationalizing that you “need” it or that life will be too uncomfortable without it. But, more often than not, you’ll be just fine without those extra purchases. Check out a list of things you shouldn’t do when you’re broke.
Take out a loan for a new car, or for any other reason. If you’re broke, you can’t afford another monthly payment and that’s exactly what you’re adding to your plate when you take out a loan.
Go on an expensive vacation. You’re broke, you can’t afford a vacation. If you have money saved up for a vacation, there’s probably something more pressing you could spend that money on—like past due bills or car repairs, for example.