Money is like honey for Winnie the Pooh – If they are, then they are immediately gone. Not everyone is able to save money, and it does not matter how much you earn. How to learn how to save so that at one fine moment the necessary amount will help fulfill your cherished dream or, perhaps, save the life of you or a loved one? estet-portal.com will tell you about the secrets of money management in this article.
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Think about how much an hour of your work is worth
For example, you earn $500 a month and work according to a standard office schedule: 8 working hours a day, 40 – per week and approximately 160 working hours per month. Thus, you earn $3.1 per hour. It is deplorable, of course, but now is not about that. Now calculate how much you spend on your way to work (travel, coffee, bun, water, cigarettes, etc.). It turns out that many people spend money for the first working hour of the day even before they come to work!
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If you want to learn how to save money, resist impulse buying. Every time you feel like buying something you don't really need, ask yourself: how many hours did I work to buy this now? If the number of hours worked horrifies you, put your chosen position where it was and continue on your way.
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Appreciate impressions and feelings
Management of money begins with the management and control of their actions. Let's get back to the great and healthy morning habit of having a cup of coffee before work. Depending on your preferences, its cost can vary from 1 to 2 $. Same with cigarettes and any traditional morning shopping. So calculate how much such trifles cost you per month and per year. Now imagine that this amount could be in your hands / in a piggy bank / in a bank account.
But not to deprive yourself of all the pleasures in life? Don't deprive. Just turn this habit from daily to weekly. If you know that Monday is for you – the day of your biggest glass of cappuccino, you can enjoy your favorite drink even more and save money not spent on it on the rest of the week.
How money affects human behavior
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Think of wasted time as wasted money
If you are offered to work overtime, accept it. Lie on the couch with your favorite TV series – this is great, of course. But not profitable. You have an opportunity to earn money, why miss it?
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Spend wisely
In order to learn how to save, you need to realize that money itself – just useless papers. What really matters to you is what you can turn them into. A million dollars in a bank account – it's just a number on the screen. But $ 100 hryvnia in your pocket, which you spend on a romantic dinner in a cafe, turn into a wonderful memory that you will keep for a lifetime. Spend money on what really matters to you, – and saving money will become much easier.
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Think of money saved as money earned
Why not? If you learn how to save money, the money saved can be considered a payment for such work. You were able to forcefully refuse to buy coffee every day and saved, say, $ 200 in a year. You worked on getting rid of an already formed habit and received such a nice monetary reward. This is especially true for smokers.
Money management – the task is not so difficult. If you manage to prioritize correctly and learn to avoid unnecessary purchases, over time you can learn to save money that you can invest in a business, buying a property, or at least a decent vacation. Estet-portal.com sincerely wishes you success and prosperity!
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