Hey guys, here's just my take on money management / spending.
Whenever you're buying something or planning to buy something, always ask yourself this question "Do I really Need It" and be honest with yourself. If the answer is still yes, go for it, buy it. But if you come to the conclusion that it was just an impulse purchase, don't buy it. Your future self with thank you, or else you're just a slave to the system as there will be new products (cars, phones, laptops) every other month.
You'll be in a much better financial position if your savings exceed how much you spend. It doesn't matter how much you're saving, it will always add up when you look back. What just matters that your net savings are more than your net expenditure. Conversely, if a person has a lot of money, assets, but they don't know how to spend it wisely, well...
So before making any purchase, ask "Do i really need it?"

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Have an awesome day ahead ;)

Spread Love. Be Kind ✨

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