Daily habits that will strengthen your relationship with money
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By:
Isaac
1.Evaluate your spending
Schedule a time and a day each week to compare your actual spending against your budget to avoid overspending.
2.Set yourself goals
When you set goals, keep in mind that you want them to be SMART, that is, specific, measurable, achievable, realistic and time bound! There’s no point setting yourself up to fail with unrealistic goals, it will only falter your motivation in the long run. You will want to break your big goals into small, easy to digest chunks so that you don’t overwhelm yourself.
3.Pay your debts
Debts can make it more difficult to keep up with day-to-day expenses and savings.
4.Create a plan for your finances
A good manager will always assess his situation and from there he comes up with a plan on how, when and where to do things.Once you’ve got your goals set out in stone, you need a plan to achieve them. A good place to start is to determine how much each goal will cost and then how much time you will need to reach that goal. Not to mention, arrange your goals in terms of priority to help you achieve all of them within a short time.
5.Adjust your shopping habits
The easiest way to mess up your budget, is to go shopping without a plan or a list. You will go into a shop without a care in the world, pick up a few inexpensive items without realising how quickly those small costs add up at the end. So to make it easier on yourself, make sure you always plan what you’re going for, make a little shopping list of what you need, this will make it more likely for you to stay on budget.
These are just some of few ways on how you can build your relationship with money and make it a long life friend.
Let's get educated and say goodbye to poverty and brokenness.