Post
Topic
Board Economics
Re: Tips to save my finances, to grow personal economy
by
lienfaye
on 16/08/2022, 08:33:53 UTC
Invest a little money for your health as well as for your vacation because you should not only think about the possibility of getting rich in the future about your investment while your health and psychology are compromised. These two things are very important to think about because the body also needs healthy nutrition and the brain also needs relaxation which does not always have to think about money and money.
This is true. Dont be too focus on saving and investing money, we should also prioritize our health because everything will be futile if our health is in bad condition, it can drain our life savings. Thus work to continue earning, save, invest but on top of that is dont forget to take care of yourself. Its beneficial to get an insurance since we dont know what lies ahead.

It's true to live a simple life, but you don't have to cut too much of your life just to prioritize investments. 5% to 10% of your total budget is also a good range for you to invest as long as it is consistent with it. So don't worry too much about it because life isn't just about money.
As long as you are able to save and invest even in small portion every month I think that would be enough. We dont need to force ourselves in things that are hard for us to do. If you know that your monthly income is just enough for the expenses and you're determine to save then its time to look for other resources to have additional income.