We are not accustomed to discipline in managing finances and cannot distinguish between lust and need. But calm down, it’s never too late. If you really want to improve your financial condition, now is the time.
Now, some of the habits of managing this personal finance must be applied so that the salary doesn’t just pass through. Check it out!
1. Track income and expenses
Often we don’t care about our expenses. Where have we gone for a month’s salary? Tracking income and expenses can be done by making simple bookkeeping. If you don’t want to be bothered, you can use the financial management application on your smartphone.
2. Giving angpau
Relatives or friends’ wedding invitations can come in a row in a month. Donating money is legitimate, but it must be remembered: do not let the pocket break because of the frequency of donations.
3. Check the bill
Accustomed to checking bills is important. Shopping receipts to the most important credit card bills. This is important so that we don’t find stealth costs there.
4. Take advantage of the internet
It’s not the time to queue at the bank just for the transfer. Take advantage of e-banking.
Especially if we want to compare and propose banking products like unsecured loans (KTA), motorbike loans, credit cards, etc. With the internet you don’t need to go around the bank just to find information.
5. Save, save, save
Savings habits do need to be nurtured from an early age. But it’s not too late for those of you who aren’t used to it.
Begin to set aside a small portion of your salary. This is important for reserve funds or future funds.
6. Take advantage of a credit card
Who says credit cards are demon cards? When used wisely, credit cards make life easier.
Shopping monthly and buying tickets will be easier. Credit cards often offer promos, point rewards and cash back.
7. Always make expenditure items
After payday, always make expenditure items. This list of expenses must be adhered to so that it does not run out towards the end of the month.
8. Avoid unnecessary costs
Often pay late bills and get fines, use brokerage services, violate traffic that ends in a ticket. These unnecessary costs are often underestimated because we feel our salary is good. If you don’t discipline in trivial matters, how can you manage your money wisely?
9. Always compare
Be sure to always compare prices when you want to buy goods. Whether it’s electronic goods, smartphones or plane tickets. There is no reason to be lazy, wong already has internet technology right?
10. Always take care
Accustomed to caring for it is good. Not only items that have to be treated to be durable, caring for yourself is also important.
11. Restrain yourself
Lust and desire can arise at any time. Especially if you go to the mall again.
Seeing the big discount chest board was immediately excited. It’s hard to restrain yourself, but rather than starving at the end of the month, it’s better to hold on to unnecessary shopping.
Remember, discounts can occur at any time.
12. Always set the target
There is a principle in living ‘let it flow’. This principle is not wrong.
But setting a target in life will be much better. For example, when you turn 30 you must have a home. 35 years old must have their own business.
Install any of these targets. Can be a career, finance or business
But don’t just install empty targets. Hold the target and try to fulfill it.
13. Self evaluation
Self evaluation. Don’t wait for the end of the year for evaluation. Evaluating mistakes and things that have been done is a good habit. With evaluation we can learn not to fall into the same hole.
Anticipating events that have not yet occurred must be done. For example, preparing a reserve fund to anticipate unexpected events.
15. Think long
Think long and forward. Invest your funds, including examples of long thinking. That is, by investing you are preparing for your future.
Well, have you applied the above habits yet? If not, it’s never too late.