Managing Money

How important is it to manage your money ?

Well i would say very important if you want to be successfull.

The problem with most people these days and their money problems is: They got no management.

They get their monthly income and often start to spend it without counting and than they wonder how they got no more left.

This is a small list of how you can save money and have a better overlook:

First: Make a list with all your „must pay’s“ and how much you actually make.

Second: Sort it! Sometimes you may pay stuff that you didnt used since decades but forgot to cancel the subscription.

Third: Dont believe what is written on the paper when you receive a receipt. Often a cashier in a store takes more money than the product costs.

(It happend few times to me but i dont believe it when they say it was an error from the system) They do this often enough to fool some people over cents and sometimes few bucks so be aware and look at it closer.

Fourth: When you finally sorted everything, you should look at it and maybe there is something you wont really need at all.

Fifth: Count how much you need for food! This should be the second part after your must pay list.

If you want money on the side, start to put some on the side – even if it is only 5$ per week or month. It will definetly come in handy and you will learn to value it more.

After you got your list you will see how much you have, how much you can and should spend and how much you can put aside.

This will help you more than you think.

Write down everything and start to manage your money!

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