Money management all comes down to making the choice to what to better your self .
Choosing to be knowledgeable about money management is an important aspect .
It all comes down to making the choice to want to better your self .
- Budgeting and tracking money in a regular basis doesn’t sound like fun, however it is a powerful tool for you to asses areas in your life where you may have to work on
- Bills and debts should always be paid on time to avoid hefty interest or penalty fees .
- An emergency fund is imperative . You never know what life can throw at you and being prepared and able to fact without compromising your four walls of safety is key .
- Money should consistently be saved .once you get paid , pay yourself first straight into a saving account, prioritize yourself first because who else would do that for you ?
- Investments are the funds that will look after you in the future .solidify it by ensuring that you have investment.
- Having different income streams diversifies your sources. This means that you don’t rely heavily only on just your 8to5 or one business. If you suddenly get laid off, it would give you much better peace of mind knowing that you have income still flowing in from your other alternative work .
Do you consider yourself good with money ?
