Quote from: Stepstowealth on June 22, 2023, 02:08:47 PM

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 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 society is contributing to the high and many expenses making money not to stay or is it just a bad habit I have?

Money is like current as the name implies "Currency" It keeps moving from one hand to another, and when you spend (wisely) it gives room for another one to enter. On the other hand, when there is money and price inflation together hitting the economy of a nation, it reduces the purchasing power of the money and makes you spend more, while the last one is to spend according to your income, be able to differentiate between your needs and wants, with these you can cut unnecessary expenses and spend wisely.