Post
Topic
Board Off-topic
Re: How do you Manage your Budget?
by
barrett_fire
on 01/08/2018, 14:06:33 UTC
I plan my budget according to my income and reduce all unnecessary expenses which will exceed my income

I do not agree, spending should not be reduced.
but income should be added.
I agree that increasing your income is a very good thing to do. I don't think, however, that one's income should be raised to meet one's expenses. We need to always strive to keep our spending within the restrictions of our income. If we feel like those restrictions are uncomfortable, then we should work to earn more money. People who are in the habit of spending more than they make will often keep spending more than they make, no matter how much they make. This is just a recipe for debt!