Save Money Live Better
Ways To Save Money – It seems that money-related issues are something that is very sensitive
The problem of coming problems related to the financial world sometimes comes unexpectedly.
Even for us who already have a stable income through
In connection with this issue, can we use the money we have collected effortlessly in accordance with our purpose in life?
Of course, you realize that the problem is very related to how we can manage the financial cash flow from the salary we get.
Believe it or not, your cash flow will be very important.
Both for short-term interests and for long-term interests.
All that must be done together and planned.
Failure to manage your personal financial cash flow means you have also failed to regulate the path of your financial life.
No matter how much your salary and wealth you already have.
Setting cash flows and also the allocation of savings should be able to integrate between your financial goals with the projection of income and expenditure.
The thing that you now need to do is to move all the abilities of your finances to the maximum,
So you can achieve the goals of both short and long-term financial plans.
Between income and welfare of life
Of course, you agree with an opinion that says only a large income will not make people rich.
Why did it happen? What is the reason?
Wealth will come true if you are smart in managing the income and expenses of the income you have earned.
It does not escape the willingness and the awareness to save and set aside some of your income funds each month and invest it.
Many think that if they can make more money each month then their circumstances will change for the better.
But is it true?
The fact is that the increase in income must also always be accompanied by rising standards of living or lifestyle.
Therefore even if you earn even greater income,
you will still need almost all the monthly income you have earned with hard work to meet your needs and lifestyle.
So it is not true if you think that your wealth or prosperity will come by itself,
If you also have a large monthly income as well and still maintain the behavior of your finances.
From now on you should be able to change for the better and also learn more responsibly towards your own income.
Rules of saving
( Ways To Save Money ) – So far you already know the term “save” and of course maybe you even have to do the activities of saving itself.
Yes, Saving is an activity in setting aside funds from your monthly income for a financial goal in the future.
Of course, every individual wants every family has different financial goals that want to be achieved.
Sometimes you experience an incident when you can not immediately realize your desire
and have to wait sometime before you can finally get what you want it.
It is true that one day we can not immediately fulfill what is, to our desire because of the large cost required.
Therefore, in order to achieve what has been your financial goal.
You can do it in two ways, namely, borrow money to the bank or set aside (save).
Indeed, when viewed in terms of time, this first way is faster. However, about this subject, it’s good to think wisely too.
Do not let the monthly repayments to be paid to the bank will be burdensome to you.
In general, of the revenue you earn each month, the allocation of funds for monthly installments does not exceed 30%.
However, if you are a little patient with setting aside or saving some of your income on a regular basis.
Thus, in such a way it is expected that the potential for achieving the goal will also increase.
Now that comes into being a new problem is why people find it hard to save for these diverse reasons?
One of the things that definitely makes one difficult to save is about financial goals.
Indeed, in the absence of more specific financial objectives, there is no motivation or motivation to achieve what is coveted so far.
Therefore, these financial goals become indispensable.
Maybe also because you do not have a savings account or investment that is different from the savings of daily use.
Because if the savings for daily needs and savings for future purposes are in one account, it will be very difficult to be able to set aside some of the savings.
Because everything comes from and goes to one savings account.
It’s good if you start thinking about opening a savings account or other investment as a placement of funds in order to achieve financial goals owned,
o that the income you have earned with difficulty is not lost or discharged without a trace and not in accordance with your financial goals.
Try to set aside your monthly income for unexpected needs.
Of course, it is the right and wise move.
We as human beings can not guess what happened later on.
Setting aside funds for emergency needs should be a top priority in your financial plan, especially for those of you who are already married
As reference funds are prepared as an emergency fund between about 3-6 monthly living expenses.
The second is with the purpose or need of life for the medium term.
In the needs of this medium-term plan, it turns out that it might be a goal of finance,
Suppose buying a house with a credit system so it can require advance at the beginning of the transaction.
It could be to buy a car as a means of transportation for your family.
Of course, there are many other things that are not less important.
While the third is a long-term requirement.
This need is to be prepared as well and as early as possible despite its usefulness is still in a long time.
These long-term needs such as the cost of education for children.
because every parent would want their children to get the best education,
what else the cost of future education is more expensive too.
Other long-term needs such as wedding expenses for those of you who are not married or maybe for you as the cost of preparation for pension funds.
Saving for this is usually an alternative that should be considered with the best, especially about education for your children.
Calculate correctly every need and start setting aside your income for savings to achieve that goal.
The goal you have planned for this long-term need of time is the friend for you the longer the time for the need the smaller the regular savings that must be allocated. But still with interest rates and the desired needs remain the same.
Tricks for saving the right.
The right way to save money in the right and proper way is not as difficult as you think and not as complicated as you might think.
The most important thing you do now is to know how and make saving activities a habit.
Try to save into a priority for you.
Emphasize your inner belief that saving is not only a necessity but also a necessity that you have to keep doing.
Start from now to save. Many people fail to do and stay just to reduce the need each month. Many of them are cutting back on little expenses and still, they are only marginally set aside money each month.
maybe is now a good idea if you try to change the way you save.
If we learn it we have been paying others first rather than pay themselves.
Why is that? try now notice you have paid bakers when you buy your darling bread,
you pay your subscription fee when you reuse it.
Now the question is if all this time you just continue to pay someone else, when do you pay for yourself?
If it’s like that now it’s time for you to turn things into the opposite. Now it’s time you pay yourself before you pay to someone else.
You should be able to set aside 10% of your income each month, do not set aside your income each month using the remaining funds. But it should be set aside.
This means that the first time you receive a monthly salary you must provide 10% of your salary to be immediately combined.
With this step, it is expected will be able to build awareness and habits of yourself to save.
That is the article about saving well for you that we can deliver. If this article useful please share your friend. thank you for visiting our simple blog. hope your day is fun.