I dont know if it is just me or others also experience it. I always set goals financially, set limits in spending and trying hard to save but most of the time no matter how i tell myself to refrain from spending in unnecessary things whenever i see something i really like even if i dont need it i cant resist buying it that cause me to regret later. Are you familiar with this situation?
You need to distinguish your NEEDS from your WANTS and you need to establish a financial goal and a concrete plan towards your daily-monthly expenditures. Mostly, it really boils down to your perspective and attitude on how you handle your finances. Typically, people usually spend more if they have the means of sustaining themselves. If you feel like you are spending too much, then the realization would help you into learning your lesson to not SPEND MORE.
Basically, self-control and self-discipline should govern your mind so you could manage your resources better.
In my opinion and based on what I am doing. I read books about finance and other related topic about money that is wrote by rich person or a group. Through time as I read it I learned their way which is keeping myself focus and do not let your money get distracted.
Thank you for pointing that out. Reading learning materials in relevance to financing can improve the basic financing of an individual. You should maximize your resources in order to sustain your knowledge about financing.
