Quote from: Distinctin on Today at 07:44:08 PM

Quote from: mk4 on January 31, 2023, 02:55:58 AM

* Don't forget to spend only a teeny tiny of money on wants, and only buy wants when you have a budget oversupply. Needs first always.

* Increase your income. Saving can do so much.

Needs should be the priority first, and when youre done with them, you can try to achieve your wants once youve got extra money to spend. But as Ive said, if youre struggling with funds, focus on your needs first. However, if you can have other sources of income, that would be a lot better so you can increase your income, reserve for your savings, and mostly you can do as much as you want with your extra money on hand.

Self-discipline is very important for us to have proper budgeting. Nowadays, the price of necessities are increasing which includes our bills so buying things that aren't really needed will just consume too much of our budget so we must delist them. As much as possible, we must live a lifestyle based on our salary and we shouldn't exceed too much so we can still have enough savings. Don't be attracted and tempted to buy unnecessary stuff to avoid misbudgeting. Control our urge to spend too much, especially on things that we can't afford. It's better to live a simple and well-managed life.