Money management skills must be acquired from young age. To be debt-free you must learn some skills that you can apply in your daily living.
1. Understand Where You're At
- You can't achieve financial freedom without knowing your starting point.
2. Look at Money Positively
- Some people says money is evil. Don't be wrong Humans who hold and control most of the wealth in this world are the evils. Money is an assets for us ordinary people.
3. Write Down Your Goals
- You must have a blueprint in building
your future.
4. Track Your Spending
- Monitor your expenses so that you will know where your money goes.
5. Pay Yourself First
- Give yourself a break. Treat yourself also.
6. Spend Less
- Most of the common mindset of others is when your income or salary increased, your expenses must increase also. Thats wrong, expenses must remain for you to save money.
7. Buy Experiences Not Things
- Don't go with what is trending, it will pass for sure.
Travel sometimes. If need some skills for improvements try to enroll in a short course.
Hopefully this article helped you.
You can also visit my other articles:
Cryptocurrency:
https://read.cash/@Great_Influence/cryptocurrency-is-the-future-b72cf5e3
Read Cash Fund:
https://read.cash/@Great_Influence/read-cash-fund-part-2-bae4f797
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