Pay for yourself first

This article does not mean to buy yourself a new sweater, coat, computer or mobile phone first. This means that you should save some income before other expenses (bills, groceries, gasoline, etc.). ). You can start with a small amount at first, but it is very important. Because when you have the ability, you can increase the deposit amount and save 10%, 15%, 20% or even more of your income. In this way, you can keep moving towards your goal, although you could have spent your money elsewhere.

3. Budget, budget or budget

Yes, it's a disgusting word. Your budget should not be very harsh, but it should be easy to achieve. A budget that does not accurately reflect personal consumption habits and expenditures will have no effect on achieving your financial goals. Budget can let you know where your money has gone at a glance, and at the same time you can improve your financial situation by cutting the budget.

4. Distinguish between want and need

In fact, only a few things are our daily necessities. For most people, except for adequate food, clothing, housing and transportation, everything else is almost just a want, not a necessity. You may feel that you need a digital TV, a mobile phone or even a car, but many people still don't have these things. So, when you are ready to buy something new, ask yourself a few simple questions:

1) Is this what you want or need? 2) Can you postpone the purchase to ensure that this purchase is necessary? 3) I can use cheaper ways (library, second-hand market, borrowing from friends) 5. Paying in cash is better than handing in a plastic card. If you plan to spend 20 yuan on entertainment this week, then knowing that you have plans on Friday night, whether to spend 15 yuan to rent a movie on Monday night and swipe your credit card is like a difficult slope. You don't know how much you spent. Anyway, 8 yuan here and 20 yuan there is not much, but after 30 days, when you pay back the money, these small expenses will accumulate into a large sum of money.