We are all chasing success. Success is like a cut kite. We are running to catch it. We work hard because we want to be successful in life, we want to be happy, we want financial security. Today I am working at a company at junior level. We dream that after two years the position will increase and we will work towards the top level. He has to prove his skills in his work to work at a higher level. If you are not promoted after working, then leave that company and join another company. And you have to go there again and work according to that plan. This is how much money we are earning per month, how much money we can keep for ourselves. Every month, when the salary money enters the bank, the mind is happy and on the other hand, we have to think about how to manage these 30 days with this money. With this monthly salary we have to manage everything throughout the month. But somewhere the amount of deposit or investment is absolutely zero. Again, if our salary increases at the end of the year, then the amount of our deposit or investment remains the same as before. Because with the increase in income, the amount of expenses also increases. Is there any work in our life other than earning money and spending that money? Why are we working day and night? Isn't it for a little comfortable life?
More work means more income. The small dreams of life will be fulfilled, the savings will increase and so on. But where is the savings. Our educational institutions tell us how to earn money but not how to save money. Give some idea about money management in name only but don't say anything in detail. We are suffering from mental anguish by comparing ourselves with what others have, what they don't have, how much money they are getting paid. We don’t even realize when we got ourselves involved with this sick race. Or even if we understand it, we don't care. Because we always hear that money is everything. Yes. Nothing is possible without money but you have to have knowledge about its proper use. There is nothing you can do to get out of the system. Because at present the price of goods is increasing day by day. But the income of some people is increasing but not everyone.
So we have to survive in this so we have to do cost cutting. Life type costs should be reduced. Don't do anything for which you have to live a hard life for months. Just like one of your assistants bought an expensive phone, you also bought an expensive mobile phone after seeing him. But you have also spent some of your savings to buy it. Now if you run out of money next month, where will you get the money? You have to think about it. Luxury should be avoided and attention should be paid to essential products. You have to live a constitutional life. Make a list of expenses for the whole month and spend accordingly. And save some money on it. So that you can use it at work in times of danger. No one wants to admit that there is a big mistake in the way we think about our lifestyle. Try not to take a bank loan because it increases our burden. Do not compare yourself with others. Just don’t think about today. Instead, think of these as actions that you must take on a regular basis. Because once your job expires, you have to spend this money to survive. Do not compare yourself with others.
Good to see you ate posting regularly again
As for me I believe that what makes the difference between the rich and poor is the power of money management,a person that wants to be rich really needs to understand money management...thanks for sharing
True! if you spend too much and don’t know how to manage your income it will only make you poor
Yes,it is lack of money management that has made some people to spend more than they earn and get caught in several debts...
Yes. I wish people will learn.
But many are not willing to learn,that is the sad part..
True.
Spending more than you earn every month leads to unending poverty.