Design wisely!

Whatever financial background we have, finances move everyone's thoughts and may even be anxious to handle it. Of course, those who have to manage a small income per month carry a much higher burden. It's easy to get into a spiral that can fully absorb the wealth, but it can also mean a bigger failure even in the case of greater wealth.

Many struggle on a monthly basis for survival, which means that saving is absolutely impossible. Can you make some savings even with low revenue? Well, probably yes, if we manage our finances and plans properly. How to start?

The first task is to limit our goal. Man needs plans, goals for which he can work, struggle. If you have it, take it on paper. Maybe it is a new car, a gossip, a wedding, a trip, a house purchase, a home renovation, but we call it a name. Once we have the goal, let's just think about how much we stayed in reality. If it would be necessary to have a smaller or bigger miracle to realize it, its realization is now not only timely, but perhaps never. In any case, we need to achieve two goals on the ground. We know very well that they give the impetus and encouragement we achieve. To dare to dream big in finance is not always winning, so if we want to be sure, let's stay in reality.

If we have a goal, let's look at how much we need to spend. We should do this in the same way, as much as possible on paper. It should also be calculated that not all will work as a fleet as we have planned, designed, that is, unexpected expenses have to be taken into account. For this reason, let's calculate this too.

There is a need to think and manage differently in the case of short-term plans, which means we want to do it in three years. Being on the ground of reality, we need to consider whether our short-term plan would really be feasible within that time or not. If not, then it already slips into our long-term plans and it has to be treated differently as well.

It should also be taken into account in planning that the value of money is constantly changing. What we calculate during design will not be up to date in a few years. We have to deal with our finances so that we can only count on ourselves. This is a private matter that we have set ourselves to realize, so we have to do the same.

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(Source: marmalade.co.uk <br> pixabay.com)