Post
Topic
Board Economics
Re: Share your Money management strategy
by
Theones
on 05/07/2022, 00:02:20 UTC
I never used to keep track of my expenses, which was my biggest mistake. My friend Peter was working on a project for a company that bought ideas https://radicalfire.com/invention-companies-that-buy-ideas/ a few years back. He was developing a mobile app to record expenses and revenues and asked me to test this app. As a result, my expenses were reduced, and I realized I spent too much on fast food and coffee daily. Try to follow where your money goes. I think many of us spend money every day on stuff we don’t need. Report your income and expenses through an app or just in notes.
Once I got an advice from some - he said - take care of every penny and dollar will take care of you.
We ignore the small leaks in our wallets which make a big loss later. So try to take care of all the unnecessary purchases and you will be fine