2024 Author: Malcolm Clapton | [email protected]. Last modified: 2023-12-17 03:44
The reason for our achievements in life is not control, but an understanding of our behavior. Keeping track of your personal finances on a daily basis will help you keep track of what and why you spend your money, and, as a result, change your approach to spending.
I want to give you one piece of advice that can save you a lot of money and financial anxiety.
It is not difficult and does not require any special skills. You only need a few minutes a day, plus an alarm clock or sticker in a prominent place to serve as a reminder.
My advice: keep track of personal income and expenses. Don't limit yourself on purpose. Just record the money you received and spent, categorizing it. Check once a week to see if you've listed everything. Analyze the entries at the end of the month.
Planning for expenses or some kind of self-restraint is not so effective. And by keeping records, you control your financial situation. At the same time, you are not trying to deliberately spend less and earn more.
You keep track of your habits. This will help you figure out where the large sums of money are going and learn from it.
For me, this advice turned out to be the most effective. I do what I want, but be sure to list absolutely all income and expenses. Sounds strange, perhaps. But this is much better than following your arbitrary prohibitions and hoping that this kind of torture will someday work.
As it usually happens, we set ourselves a definite goal: to save up some amount of money, lose so many kilograms, spend so many hours on work. And then we painfully try not to deviate from our plans. From the very beginning, we are just waiting, when we can already free ourselves from the shackles of self-restraint. Such a struggle awakens in us feelings of guilt and powerlessness.
Keeping records without trying to limit almost immediately changes our desires for something. You can easily see where it is better to spend your money, time and energy. The huge spending figure under the Clothing column will surely force you to pacify your inner shopaholic.
Spending too much, skipping workouts, or dropping out halfway through it means that we are simply not aware of the real consequences of our behavior.
"Today's self" succumbs to temptation in the hope that "tomorrow's self" will fix everything.
Keeping records can be very interesting. It can be fun to see what in life affects the recorded numbers and how those numbers affect your life.
The essence of this principle is that you will not feel obligated to do something. The understanding that you need to change your habits will come by itself. You will voluntarily give up unnecessary expenses.
Remember that you are free and that you have always been. But only you are responsible for your freedom, spending money, time and energy.
Recommended:
An easy way to make strength training much more effective
Eccentric exercises can help you accelerate muscle growth, improve flexibility, get stronger, speed up your metabolism, and break your workout plateau
"We are a verb, not a noun": why it is worth giving up self-esteem in favor of self-compassion
With Dr. Christine Neff's book Self-Compassion, you will learn to support yourself the way you would support a close friend
Self-development without self-violence: how the concept of personal leadership works
If you want to be more productive and conscious, develop the qualities of a wise and caring leader. We tell you how to become a leader for yourself
Why a calendar is more effective than to-do lists
Time planning is very important because time is the most valuable resource. This is where a calendar comes in handy, which is more efficient than to-do lists
Creativity is much more than 10,000 hours of practice
Why many hours of practice will not guarantee genius and what else a creative person needs to create a masterpiece, find out in this article