How To Improve Your Financial Situation?
@cecillecarmela (3818)
Philippines
May 27, 2007 12:39pm CST
Ok, here's my problem: I have decided many times that I will control myself with money but often times, inevitable circumstances will occur that will challenge my discipline in saving.
Most people say that it's just a matter of mind control and it takes a lot of effort and discipline to be prosperous. Anyone who can share SPECIFIC tips and advices as to how one can improve his financial situation? It will be greatly appreciated.
1 person likes this
5 responses
@Healthkeep (996)
• Israel
15 Jun 07
I think the attitude of saving money as a method of improving one's financial situation has a bit of mistake into it. Only saving money doesn't change the financial status - it only reflects it.
I, like you, decided I wish to improve my financial status. After two years, I now buy a new home for me and my fresh wife for the sum of 220,000$. Not only that - I have my own car. And you know what else? I am a full time student.
All that has to tell you it is not a matter of time, but a matter of how you view things. Are you open minded? Are you ready for new opportunities?
@musicman6 (2406)
• United States
25 Aug 07
Healthkeep, this is the best answer that I have seen in a long time! And I think it is the key, to why a lot of people can't make ends meet,they spend uselessly trying to save,when they should increase their efforts on increasing their income,! I would like for a lot of people to take heed of this post, it would help them a lot!!!
@dcroome2005 (1210)
• United States
27 May 07
Set yourself a budget. There are many free programs and even excel or word that you can do for free to make out a list of all your bills.. All your incoming $$$ as well go in there. Decide what you need each month and what you can live with out. Trust me, I know it's tough but it makes a difference. When you go to the grocery store, eat before going and make a list. Do not get anything that you are just impulsingly buying. Stick to your list. Allow yourself misc spending each month if your budget allows it. Hope this helps.
@jalbeos (1175)
• Philippines
16 Jun 07
The same thing to me too. I really know how important the savings is.
Here's the tip: You can give your money to someone(your parents, perhaps), let him/her keep the money and never get that money back. Good Luck!
Nice topic :)
@TenchiMuyou (91)
• Brazil
27 Jun 07
Well, things that I do:
1) I don't have any kind of special accounts or anything like that. That way my account can't go negative, so I live with the money I earn or less.
2) I usually keep my credit cards at home, and when I need them I get them at home. This helps me a lot avoid me buying something just cuz it's cool.
