It is not being materialistic, it is being realistic. Money is not life or happiness, but it is a close relative to them. Here are 8 essential tips to take care of it.
They say that he does not teach someone else’s head, which is unfortunately true. People tend to eat cravings, and in this desire to have everything today and now we do not leave anything for later, we do not have the gift of well-developed foresight. The point is that these oversights later impact our quality of life.
We know that although money is not happiness, both are close relatives, and if you don’t believe me, say no to these examples: if you want to leave an economic patrimony to your loved ones, you need money; If you require medical attention, especially specialized, it involves money; If you want to celebrate your children’s birthdays, see them graduate, take them on vacation, etc., you are going to require money; to train you professionally, to open your own business, for all that and more you need money. For this reason, I share with you the mandatory commandments that every good saver must put into practice:
1. Avoid debt
Don’t live to the limit of your possibilities. If you earn ten pesos and spend ten pesos, you will never have a peso to spare to save. Minimize the impact of your expenses and make them less than what you perceive. Save a part of your income, no matter the amount, but the constancy.
2. Make a budget
Which is not just keeping track of your income and expenses. A budget involves planning. If you spend without even knowing where the money went, you will not be able to eradicate superfluous expenses.
3. Be smart when shopping
When making purchases, take advantage of the opportunities so that you do not undercapitalize, or pay interest. And remember that cheap, in the long run, is expensive.
4. Learn to recycle
Many times we spend on things that we already have, that just need to be repaired and updated.
5. Do things for yourself
For example, painting walls and darning clothes are tasks that you can do without hiring services or a specialist. On the internet you will find tutorials for these and other tasks.
6. Put your money to work
You can invest for the long term, which are generally the least speculative and safest investments, but don’t forget to get advice first.
7. Set economic goals
This way you will feel more motivated to achieve your goals. Having the peak you want to reach in view will lighten the path for you.
8. Try to have a second source of income
If you bet everything on a single income, the moment something goes wrong you will have no options.
9. Get trained
For this, do not stop training yourself, updating your knowledge, professionalizing yourself.
The road to success is built with bricks of perseverance, clear ideas, goals, patience, optimizing resources, seeking and taking advantage of opportunities. Now you have no excuses, you already know the secret: do not leave for tomorrow what you can save today.