COVID-19 PANDEMIA HAS CHANGE OUR LIVES FOREVER
THAT IS WHY WE NEED TO BE SMART AND SAVVY
Why is it that I never have money if I work hard and earn well? Why is it that I see so many people that even earn less than me and I see that they have everything and live quietly?
What am I doing wrong?
More than two thousand years ago in the Bible, there is a parable in the form of advice that says: “Who does not sit down first to calculate the expenses before Building a Tower ‘?
I mean buying or managing our money no matter whether it is a lot or a little.
Two things: PLANNING AND WISDOM.
After doing personal research on this subject there are many more than 45 tips in different media, but I will share what I consider most PRACTICAL AND REALISTIC.
Which applies more to people in general, especially those who are poor or grating or as they say the middle-class experts, but believe me, this applies to the rich also because there are not many like famous people, athletes who were billionaires and died in bankruptcy.
So it is not a matter of how much we have but how we handle it again the keyword WISDOM that means applying our intelligence or listening to advise from trusted sources and people.
Also, I will give you some input on things that work for me as a poor person all my life but even in the worse God has to help me and other sources.
The button line is LIFE is a battle and even that money is not the most important thing in life but is part of our LIFE and the main key element to surviving after our health.
I want to share a few first from the following link https://www.thesimpledollar.com/save-money/little-steps-100-great-tips-for-saving-money-for-those-just-getting-started/
I found these ones so interesting and simple.
Turn off the television.
One big way to save money is to drastically cut down on the amount of television you watch. There are a lot of financial benefits to this: less exposure to spending-inducing ads, a lower electric bill (and perhaps a lower cable bill if you downgrade your subscription), more time to focus on other things in life — such as a side business — and so on.
Want to take things a step further? Consider cutting the cord to cable TV altogether.
Stop collecting, and start selling
There was a time when people thought their collections would bring them riches. Beanie Babies were a big fad at one time, as were Longaberger baskets. Now you can find those items on resale sites like Craigslist and at garage sales for a fraction of their initial cost, leaving many people who sunk thousands of dollars into their “investments” wondering what happened.
If you want to avoid that situation, don’t collect items of questionable value. And if you want to recoup some of the money you’ve already spent on collectible items, you can start selling them now and use those funds for any number of worthy financial goals. Read our “Guide to Selling Unwanted Items” for some simple strategies that can help you profit as much as possible. Sign up for every free customer rewards.
Use credit cards wisely.
If you have a habit of overspending with credit cards, hide your cards and keep them in a safe place in your home, not in your wallet. Keeping your card “out of sight and out of mind” might help reduce temptation while you’re out and about. Already in trouble with bad credit? Apply for a bad credit credit card and rebuild your credit through slow, consistent spending on essentials.
Master the 30-day rule.
Avoiding instant gratification is one of the most important rules of personal finance, and waiting 30 days to decide on a purchase is an excellent way to implement that rule.
Quite often, after a month has passed, you’ll find that the urge to buy has passed as well, and you’ll have saved yourself some money simply by waiting. If you’re on the fence about a purchase anyway, waiting a while can give you a better perspective on whether it’s truly worth the money.
Write a list before you go shopping – and stick to it.
One of the easiest ways to save money is to only shop when you have a list. Because when you’re without one, you typically end up making impulse buys and unplanned purchases – all things that cost money.
Creating a list before you go to the grocery store is especially important. Not only can it help you buy items that fit with your meal plan, but it can also help you avoid buying food you might waste. Always create a list and, more importantly, stick to it.
You can also take advantage of a cash back rewards card that gives bonus cash at grocery stores – just be sure to pay off the balance each month.