Limit your expenses

Sunday 16th of October 2022.

Leadimage from unsplash by AlexanderMils

“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” – Edmund Burke

Budgeting expenses limitations is something we need to put to practice in other to get to the extreme levels. Buying what is ecencial to your need or wants is simply refers to "Budgeting expenses Limitations or Limitations of expenses".

One of the fact that makes people succeed in financing aspects is that fact that most people understand that "what we see is not what we get". We can't get every thing in life we only need to pick the useful items and materials that meet our needs and wants so that we should be stable and well built for that present of time.

If an individual decides to buy every thing he or she sees without caring to know wether what he or she bought will be useful or ecencial to him or her to meet his or her daily needs " he or she will surely get broken and shut down because he or she didn't understand and put the practice of learning how to limit budgets when times comes".

“Budgeting is not just for people who do not have enough money. It is for everyone who wants to ensure that their money is enough.” – Rosette Mugidde Wamambe

Learning how to control budgets is not for special human beings, it all for every one who wants to ensure that their money is enough to meet there goals and meet there needs. Rosette Mugidde Wamambe said that in this above quote.

You can't just wake up suddenly and become a millionaire without passing through process. To make it in life you have to learn with both young and old to gather opinion in making your present change to a better future, spending money on useful accessories is causing no good but making the bank dry, and when the bank get dries completely all is put to waste.

“A budget doesn’t limit your freedom; it gives you freedom.” – Rachel Cruze

We can't do without getting budgets every single day, each and every day is filled and package with budgets and also expenses. There are some certain things which we need to get in life and there are some which we need to ignore in buying at the market of life.

Limitations of expenses, is definitely refers to one of the fastest way to get richer. When an individual learn to cut short what drains his or her money he or she get richer and richer, limitations of expenses is not just to caught short everything but it is refer as the closing down of buying and spending on items, materials and even accessories that are not useful in meeting your daily needs and goals in life.

Setting down a budget with the limitations of expenses requires a method called "Financial Accounting".In a nut shell you need financial accounting because; To generate income in any business you need to know what you use the money you earn to do and how you received it, that will help you to increase or decrease your budget limit which will boost your potentials in gaining more income. Read more about Financial Accounting

“A budget isn’t about restricting what you can spend. It gives you permission to spend without guilt or regret.”

“Becoming rich is hard. Staying broke is hard. Choose your hard.” – Eric Worre.

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Finally, according to Eric Worre quote he said "Becoming rich is hard and also staying broke is hard" choose your hard. It is left to you cause you are the owner of your assets it is left to you if you wish to limit your expenses and controlling them or expand your expenses. Remember the only way to catch big to to try small so you can understand the value of both big and small.

Pay attention to what drains your pocket, drains it before it drains you bank and asset.

Note am Not a financial advisor. (NFA)

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Thanks so much for reading!

Special thanks to @Pinkchic for the sponsorship offer, just seeing the notification today am so sorry for the late response. Once again thanks so much.

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