Why is money at hand difficult to hold? I usually find it difficult to keep track of money anytime I have cash at hand, I make plans to hold money, but It never stays because something always demands the money, it is even so bad now that money kept in my account is also now being affected due to expenses. This is not something that happens to only me, I know that because of how money can easily be spent, many people now decide to avoid having cash, avoid taking ATM cards from their banks and also avoid activating USSD or internet banking, but is that really a long term solution? I blame myself a lot for spending so much and being irresponsible with money, but in your opinion, do you think that the soceity is contributing to the high and many expenses making money not to stay or is it just a bad habit I have?
Most likely both society and yourself.
Exactly. Both contribute to how we spend easily our fiat on hand. But mostly, I also believe that the issue is more on ourselves. If we keep living luxury lifestyle, and easily conform to the trends these days, then expect that we will never hold our fiat for long. That’s why even a lot of us are receiving good compensation, still we end up being insolvent and continue to complain financial instability. Also, by not being serious on our financial management and spend our money like there’s no tomorrow, then we will never experience financial security because of our poor money management.