Withdrawal can become a habit. Once you develop the habit of withdrawing either fiat or converting your crypto holding to local currency for use, It almost becomes so difficult to break.
Needs and wants/problems to solve with money never stop arising, how do you handle your withdrawal? Be sincere, considering that local currency is becoming less of value as the cost of things are constantly rising now, so much that the cost price today is not the cost price tomorrow. Is a budget still effective in your opinion?
Well it’s good to be making budgets so that we will be able to know what you’re spending on. But, sometimes there are some expenses that you never plan and they just come in out of nowhere.And just like you said, these days inflation has been much and there has been an increase in the price of most things you will find in the market.
So, the best solution now will be to increase our means of income: if you only have one source of income, it’s best that you also look for another source that will serve as a passive income. So what I’m trying to say is that your income should match or surpass the level of expenses you are making in a month.