Money Management
We all love money.
When money reaches us,we tend to think differently under the different circumstances.The circumstances which we find ourselves are
1.Money for food
2.Money for clothes
3.Paying the residential rates.
4.Paying for transport
We all find ourselves on the above
Circumstances.Then there's a group which can
1.Buy 2 to 3 cars
2.Build extra 2-5 houses
3.Misuse it for evil purposes
4.Buying Friendship
There are good Samaritans who donate to
1.Old age home
2.Fund the natural disasters
3.the poor of the poorest.
4.the further development of Science.
Now,we are at the beginning of the year.
You may not have enough.
You have to plan how are you going to survive the rest of this year.
In order to survive,you must have a PLAN
which will be according to your NEEDS which some of them
1.How will you cope with your regular expenditure.
2.There are also immediate expenditure.
3.There are unplanned expenditure which will mushroom at any time like fever,cold,
death,Home Disasters and the unavoidable car maintenance.
4.Thats why you must have the basic insurance which will help you to the unexpected expenses like health,funeral etc.At least 30-40% of your monthly money should go to your insurances
At the same time you will need an extra cash in your home for any emergency.
In order to accomplish what I have said,
you will need;
-Discipline
-Trust yourself
-Focus
-Share it to yourself.
-Discipline
Discipline means you deposit your money
every month.
-Trust yourself
Your inner being determination will lead you to trust yourself.
-Focus
Focus to what will bring Results
-Share it to yourself
It is important to keep it yourself.
Don't be deterred by cropping sales unexpectedly.
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