"Financial tips to avoid wasting your money"
Hello friends, long time no post in the community, I hope you are all very well. Today I want to share with you a new topic about finances, as I have always said, learning to manage our money is necessary and important to have economic freedom, something we all want.
A long time ago I made bad decisions and today I am still seeing the consequences, but well, that's what life is all about, making mistakes to create new experiences and to be able to act differently in the future.
The first thing is to learn to differentiate our expenses and even if it seems repetitive it is essential, because if we do not let ourselves be guided many times by our emotions we will fall into bad expenses so to speak, in expenses that undoubtedly will not leave you any benefit. They could perhaps be classified as a liability because it will only generate satisfaction at the moment and then perhaps only expenses, such as, for example, a late model car.
On the other hand, we also have the good expenses, such as investments, health because health is undoubtedly paramount, education, family moments that although they also involve expenses, they are necessary for our recreation and sharing quality time. In the end, the idea is to be able to share our financial freedom with our loved ones.
Having a limit in terms of expenses is also important, because sometimes we go overboard and do not see the reality of our income. We can never spend more than what comes into our pockets, that would be crazy and yet many people do it, they have not finished receiving their income when they have already committed.
This is undoubtedly something that will lead us to ruin in a short time.
Enjoying is necessary as I mentioned before, but despite this it must also be planned, we can not spend all our income on fun, because part of our earnings should be earmarked for investment, savings and education, all these pillars have great relevance in the life of a person, without neglecting health of course.
Many people forget that there is a future and only want to live for today and waste money, it is true that money is to be spent, but in an intelligent way, not to abuse the privileges that we can have. We should always be prepared for any eventuality, especially those who work with cryptocurrencies.
Investing in our education is often the best thing we can do, because we are acquiring skills that will most likely benefit us in the future. Nurturing the mind is our best investment.
Don't lose sight of the fact that there is a tomorrow, think very well in what you invest or waste your money.
Thanks for reading my post, see you soon!!
greetings @franyeligonzalez _
Undoubtedly there must be a true balance between expenses and income in order to have a good basis to use resources efficiently and with awareness of what really needs to be spent.
Excellent piece friend. One needs to avoid wastages, so as to avoid blowing their finances at once. Nice financial strategies. Thanks for sharing.
Hii @franyeligonzalez
Money saving is a must , people have money but they forget to save it and then end up getting poor
Thanks for the tips
These financial strategies will make one financially stable. I will try and inculcate the habits you have listed and see how far I can go with it. Thanks for the exposure
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I find these financial strategies very helpful and I am sure those who follow the same will be benefited. Nice post
Thanks for all this financial strategies that will aid and control my savings mentality.
Important advice, as you rightly say, the fundamental thing is to learn to differentiate between what is necessary or fundamental for our life and what is not. Excellent thanks for sharing.
Having a good financial organization gives us peace of mind, on the other hand, it is necessary to be financially conscious in order to differentiate between necessary and unnecessary expenses. Of course, considering that from time to time we can give ourselves some luxury if we can.
Hello dear friend, these are very good tips to safeguard our personal finances, thank you for sharing such valuable content of great interest to all of us. Greetings.