1. Must take note and calculate our income and expenses regularly and consistently every month or week.
this is necessary in order to start saving by looking at our financial condition. and evaluate whether our spending has been done effectively or not. and measure how much we can save later.
Financial management really needs to be done as a form of evaluating monthly expenses.
2. Buy only what is needed, and put aside the things that are only wanted but not needed.
so after seeing our financial income and expenditure records every month. so from here we can start analyzing what things we have bought so far that are only based on desires and the things we buy based on needs.
and from here because we want to save money then make our priority only to buy what is needed. and we reduce the things we want but don't really need.
well the result of doing the first step will be useful here.
Of course, but unfortunately the fact of reducing the necessities of life is not as easy as we think. The higher the income, the more needs are waiting to be spent. This is based on my experience as the head of a family who lives in a rented house with a size of 4x6 square meters with a monthly salary of $300 (enough to pay electricity bills, water, and a little to meet daily needs).