Be thrifty... that's how to do it. If you're trapped in a huge debt right now it means your life is ugly, banks will call you, your friends whom you have debts will annoy you, you will feel like broke even if you have a car.
Never use the credit card, it is a temptation, you will burn the money that is not yet yours and you will pay with interest. Credit card is for dummies, it is for people who have no financial freedom.
Practice delayed gratification, if you want to buy something... save money and pay it in full, never loan, never use credit cards because it will make you feel bad especially if the time for paying it s coming. Being rich is feeling good, if you have a house and a car but you have a lot of loans then you will still feel poor. Being truly rich is having a financial freedom, it's having zero liabilities.
Never buy food from the restaurant if you can cook at home, never buy useless things if you don't need it even if it is sale. Staying out of debt is very easy if you will think smart, or maybe not smart... just think right.
If you are in a huge debt right now, you can escape from it by simply downgrading your life, eating your pride and try to look simple for once. A lot of people wants to look rich but they really don't have any money, they just wanted to look rich by buying expensive clothes, bags, shoes etc. The truth is.. they use credit cards to buy those things or maybe they use cash but they don't know where will they get the payment for their bills this coming week.
Impressing a lot of people will make you run out of money, you buy things just to impress people that doesn't even matter to you. You want to look rich in front of people even though you haven't paid the tuition fee of your children yet.
Stop using installment, you should only buy something if you can pay it in cash, yeah it is hard to do it but it's even satisfying if you can save money and buy the things that you want, it feels good to do it rather than using your credit card that will be cut next month or next week.
-
Have a mindset that you can achieve anything or accomplished something great by opening yourself to all possibilities. Open yourself to... -
This technique is so great that it can make your life easier while you are trying to pursue your goals. Live your life like a disabled pe... -
Always keep in mind that life is not all about winning, sometimes you will lose but you still feel good because you try and give your bes...
No comments:
Post a Comment