Discover The Ultimate Secret To Saving. The Number One Strategy
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Knowing the ultimate secret to saving money will go a long way in helping you to save money for your needs. It is one thing to know and another to praticalized it.
As you and i know, that saving is one path that we must take to buy those things we need without putting burden on our self, it is also one path that we must take to the world of financial freedom and to maintained the status of financial freedom.
To acquired that electronics,car,house and be financially free, you must save some money from the money you earned or given to you by somebody. This is a known fact that almost everybody in this world is aware of, but majority of us are finding it difficult to save even though some of us are earning big.
You see them complaining of one problem or the other that is making it difficult or impossible for them. You always hear them blaming it on Mr and Mrs ''if''.
The ultimate secret to saving is nothing other than ''you should not spend above or at par with your means''. This means that you should not spend above the money you are earning or let you spending tally with it. It must be below what you earned. Alot of financial adviser, motivators and other well wishers have been preaching this fact. The thing is people are finding it difficult to absolve and praticalized this fact because of their attitude not because of the problem facing them.
Praticalizing this ultimate secret to saving will only be possible if people will change some of their attitude,because some of this attitude are the real stumbling block।
Bad attitude to life like smoking drugs, achohol, womanizing and other negative habit to life and there is the attitude of spend everything today and let tomorrow take of itself.
To save , sit yourself down and begin to look into those attitude of yours. Those attitude that are affecting you negatively and financially. Look at all your needs and arraigned them in their order of important, strike out those things that are of non necessity and confined your spending to those that are of necessity and by so doing you will have some save money.
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Thanks well said
@otemzi i really appreciate you notice that point. Thats one of the major secret to saving. One can't save if he or she spend above her means or at par with income, because there will be none to save. Be bless and stay bless.
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STOPNicely said. Spend below your earning that will see you grow fast and high @enm
Yeah thats how it should be.
This post is very educative if and only if people will apply this principle.
Yes it is. Thanks
pleasure is mine, i just resteemed the post
Yes @enm, saving is an open-secret method for accumulating earnings and getting rich. Many people know about it but not many people apply it. They just earn and spend.
To save properly, a fixed percentage of earnings say 30-50% must be kept aside. No matter the circumstances.
Welldone for the new perspective. Everybody should go and read this book:
Cheers!
#HUG-challenge!
I am reading the book currently, very educative
Yeah bro @nairadaddy it is but that's not all. After saving one need to invest the saved money to accumulate wealth. Save and invest then save and invest ..... It is a continues process. The richest man in babylon is a very good read, thanks for recommending it.
Yes @enm, I agree the formular is...definitely...