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| Top 6 Tips On How To Afford Anything |
Oh, the money, Oh! The magnet. Can you imagine any
materialistic thing without the backing of money? Perhaps no. With countless
desires you earn, save, spend BUT not all desires come to their desired
destination. Means, not every desire can be fulfilled. But efforts have no
charge and it is considered that with a little organised approach, you can
afford almost anything. Yes, the journey is not as smooth as cakewalk but this
is what you need to find. The ways that can smoothen the bumpy roads of
finances and enhance your financial capacity to the maximum to afford anything that
crosses your aspirations.
materialistic thing without the backing of money? Perhaps no. With countless
desires you earn, save, spend BUT not all desires come to their desired
destination. Means, not every desire can be fulfilled. But efforts have no
charge and it is considered that with a little organised approach, you can
afford almost anything. Yes, the journey is not as smooth as cakewalk but this
is what you need to find. The ways that can smoothen the bumpy roads of
finances and enhance your financial capacity to the maximum to afford anything that
crosses your aspirations.
Table of Contents
1. It Is
Necessary To Prioritise:
The world may take some time to understand, but you GET this
right now. When it is about finances, the art of prioritization is necessary.
Decide, categorise and separate the needs and dreams that are more important
and required. Life is ONE and you should spend money on ‘what you want’.
Perhaps it is better to focus more on the things that fulfil your needs but at
the same time make you feel happy. God knows, may be spending nights in a hill
top hotel staring the moon whole night is your melting point. You want to spend
every weekend like this, away from the noise and crowd of the city. In that
case, you need to prioritise to manage expenses in a way that nothing can come
as an obstacle.
right now. When it is about finances, the art of prioritization is necessary.
Decide, categorise and separate the needs and dreams that are more important
and required. Life is ONE and you should spend money on ‘what you want’.
Perhaps it is better to focus more on the things that fulfil your needs but at
the same time make you feel happy. God knows, may be spending nights in a hill
top hotel staring the moon whole night is your melting point. You want to spend
every weekend like this, away from the noise and crowd of the city. In that
case, you need to prioritise to manage expenses in a way that nothing can come
as an obstacle.
2. Save More
And Forget Not To Bring It To ‘As Much As Possible’ Approach:
Savings are the saviours and you know that. Right? Save and
then spend money. Decide a fix amount of saving and keep it aside every month.
Now you have a ‘left’ amount and this is your real challenge. Manage expenses
of the month from the left over amount. You know what, it is not advisable to
go extreme in this case. Means, do not overreact to decide the limit of the
saving amount. Keep it in a satisfactory ratio of income as you cannot give too
much for savings if the left money is insufficient for outgoings.
then spend money. Decide a fix amount of saving and keep it aside every month.
Now you have a ‘left’ amount and this is your real challenge. Manage expenses
of the month from the left over amount. You know what, it is not advisable to
go extreme in this case. Means, do not overreact to decide the limit of the
saving amount. Keep it in a satisfactory ratio of income as you cannot give too
much for savings if the left money is insufficient for outgoings.
3. Live Debt-Free:
Oh, this is a HUGE relief in the world today where countless
people are bearing the burden of obligations. Multiple instalments and that too
on varied interest rates, guaranteed
loan, home loan, two-wheeler loan, etc. etc. etc. Credit cards to add to
the pain with their dues that increase double due to high rate of interest.
Keep your financial life debt free as much as possible. However, home loan is
something that is actually comes in the list of ‘afford anything’ desires. But
avoid unnecessary obligations. Nowadays everything is available on loan, but
that does not mean you need to buy everything. Remember, from a short-term 1000 pound
loan to a long-term loan, whatever obligation you take, it should be
affordable. Besides, avoid multiple debts.
people are bearing the burden of obligations. Multiple instalments and that too
on varied interest rates, guaranteed
loan, home loan, two-wheeler loan, etc. etc. etc. Credit cards to add to
the pain with their dues that increase double due to high rate of interest.
Keep your financial life debt free as much as possible. However, home loan is
something that is actually comes in the list of ‘afford anything’ desires. But
avoid unnecessary obligations. Nowadays everything is available on loan, but
that does not mean you need to buy everything. Remember, from a short-term 1000 pound
loan to a long-term loan, whatever obligation you take, it should be
affordable. Besides, avoid multiple debts.
4. Embrace Self-Discipline:
To stay stable enough and afford anything you have to follow
the rules of self-discipline. Anything that is done carelessly cannot be help
to achieve the desired results in life. Especially, money that is hard-earned
should never be spent without any planning. Make budget, do savings, avoid
debts, keep income-outgoing balance and do not let anything go out of control.
These basic things can change the way you spend money, making it wise and calculative.
the rules of self-discipline. Anything that is done carelessly cannot be help
to achieve the desired results in life. Especially, money that is hard-earned
should never be spent without any planning. Make budget, do savings, avoid
debts, keep income-outgoing balance and do not let anything go out of control.
These basic things can change the way you spend money, making it wise and calculative.
5. Make Smart
Investments:
Why not let your money create more money with a right kind
of investment. If you are saving then put a part of it in a financial product
that can multiply your invested amount. But do not take risk in the greed to
get more money. Do a research on all the investment products of the market.
Choose the safest one with the most returns. Many people do this and get the
due and desired benefits. To satisfy all your desires, it is necessary to work
on all aspects of life. Pay special attention to financial matters as they are
the key of your safe future.
of investment. If you are saving then put a part of it in a financial product
that can multiply your invested amount. But do not take risk in the greed to
get more money. Do a research on all the investment products of the market.
Choose the safest one with the most returns. Many people do this and get the
due and desired benefits. To satisfy all your desires, it is necessary to work
on all aspects of life. Pay special attention to financial matters as they are
the key of your safe future.
6. Avoid Addiction:
Anything that makes you spend money beyond limits and is
difficult to control is an addiction. Alcohol, television, nicotine, even fast
food or anything addictive can take you away from your financial goals. They
become impossible, make sure that you do not become the victim of anything that
can act destructive for your finances and future. Diversions are not good for a
healthy and wealthy life, more focused you stay, more prosperous you become.
This is something that you can achieve easily with a control on your wrong
habits. In short, follow the rule of ‘excess of everything is bad’. Nothing can
work on this aspect except you. Discover constructive diversions, for instance,
if you feel the intense urge to have your 5th pizza in the day, go out for a
walk. The fresh cold breeze may help you stop yourself from getting in the
hands of the addiction.
difficult to control is an addiction. Alcohol, television, nicotine, even fast
food or anything addictive can take you away from your financial goals. They
become impossible, make sure that you do not become the victim of anything that
can act destructive for your finances and future. Diversions are not good for a
healthy and wealthy life, more focused you stay, more prosperous you become.
This is something that you can achieve easily with a control on your wrong
habits. In short, follow the rule of ‘excess of everything is bad’. Nothing can
work on this aspect except you. Discover constructive diversions, for instance,
if you feel the intense urge to have your 5th pizza in the day, go out for a
walk. The fresh cold breeze may help you stop yourself from getting in the
hands of the addiction.
Keep working on your plans and also keep improving on what
you do. Make sure that nothing comes in your way to distract. If you succeed to
do this, you can actually achieve anything.
you do. Make sure that nothing comes in your way to distract. If you succeed to
do this, you can actually achieve anything.
Description –
Desires are countless, finances are limited, but still you can get anything if
you keep an organised approach. Learn about the ways that can help you afford
your desires.
Desires are countless, finances are limited, but still you can get anything if
you keep an organised approach. Learn about the ways that can help you afford
your desires.
