@FreshGee

Developing a saving culture A healthy saving habit plays an important role in attaining financial freedom. A culture of saving helps you better control your money and secure your financial future. Here are a few ways you can discipline yourself and save more. 1. Know your expenses The first and most important step to take if you want to start a saving journey is to get familiar with your monthly expenses. This way, you know how much you spend on things like rent, data and call credit, cable subscription, transportation, feeding, clothing, utilities, entertainment etc. You can also try out personal finance apps like “reach” to help you keep track of your expenses. 2. Save until you’ve reached your target. Set a savings target. Nothing gets your motivation up than a target. It also helps you stay disciplined. Of course, you can keep saving, even after you meet your target.  3. Do more with less You should also watch out for places where you can get quality items at discounted amounts or relatively affordable prices. With this, you get more value by paying less, which leaves you more to save.

How much you need to be happy This topic has created large controversies. So what’s the takeaway? Well, it’s true that you need a certain level of income to be happy, but happiness depends on much more than just  income. Where you live plays a factor, and your emotional well-being is a different measure than your overall life satisfaction. Most importantly, spending money on material possessions or a nicer house just isn’t going to make you happier. Instead,  if you want to be happier, you should focus less on yourself. People tend to be better off when they spend their money in service of other people. Happiness is a product of making others happy.

Knowing or mastering a skill is not enough, application of what you know to solve a problem is what matters. Be a solution to issues around you.