Post
Topic
Board Economics
Re: Saving one third what you earn monthly is not that hard, isn't it ?
by
DrBeer
on 05/06/2023, 07:32:48 UTC
One of the problems of modern society is the unreasonable waste of money, for things that do not really solve any noticeable problems or tasks for us.
This "habit" has developed over the past 10-20 years. There are a lot of "fashionable" things that everyone thinks is "prestigious" or "revealing". Marketing and advertising - they constantly say "buy, buy." And here another problem makes itself felt - the low financial literacy of the population, and first of all the poor or close to it. The problem is that they are trying to change their status with such a purchase ... And the basis of the problem is self-deception, it does not give any changes, except for increasing costs. People from a financially more developed society, who understand what money is, its value and the ability to manage it, restrain them from such unreasonable spending. Although among the financially literate, there are people who spend money without thinking much Smiley
it is hard for me to cut my spending. it's my weakness but it's good for the economy and entrepreneurs. i literaly giving money for them, if not they will go bankrupt.
at least that is what i do Grin Grin


Managing your "wants" is one of the hardest things in our lives, I agree, I know it myself Smiley
But believe me - if you learn to control your desires, the rest won't be a problem for you Smiley