A modern slave does all the things voluntarily – he goes to work, he consumes and takes loans without even thinking if he really needs these. That has always been the biggest dream of the world power players. Isn’t that a perfect scenario when a slave who hardly puts his body and soul together claims himself to be free and happy?
OK, maybe we exaggerate a bit, but only a bit, really… Just take a look around. It doesn’t really matter how much you and your friends earn. Everyone still lives from paycheck to paycheck and desperately count how much money is left by the end of the month. It’s not normal when even people with good income act like that and get so easily trapped.
Budget and discipline
The first rule one should follow to escape the cage is constant self-control. The best solution is to define how much money you can spend in the beginning of month or right after you receive a paycheck. Just make yourself get used to it, create a new habit. It’s going to be difficult only in the very beginning, but quite soon you will see that following your own financial plan saves both money and time.
A great number of today’s banks offer the opportunity to send a certain amount from your main account to the saving account every month. Just choose the day and the amount of transfer. Even if you save $10 or $15 every month that way it will be great. By the end of the year you’ll have few hundred saved dollars – isn’t that cool?
No credit cards
Credit cards are not bad things at all – on the contrary, these are very powerful and effective tools when you know how to use it. Just refrain from spending credit card money on the daily basis. Credit cards are like savings against a rainy day. Don’t use credit money too often! Spend it only on the things which are urgent or important.
The same should be said about bank credits, payday easy loans and all other borrowed money. It is totally OK to borrow and to take a credit, but it’s not OK when spending borrowed money turns into a habit of yours. The wisest option is to borrow for a certain purpose only.
The last recommendation we’d like to share is setting goals. When you have clear goals ahead it is much easier to increase your income. Life experience proves that motivated people oftener get promoted or manage to find a better job if the current one is not satisfactory.
The tips we’ve shared in this small review are rather obvious, but we always forget the most obvious thing. Keep these recommendations in mind and you life will change for better very soon.