Post
Topic
Board Economics
Re: How to avoid over expenses and have discipline
by
lienfaye
on 05/09/2023, 05:27:09 UTC
You don't need to eat at those expensive restaurants if you can eat it in a normal restaurant, because if you are just earning minimum wage, then you don't need to eat at those restaurants. Don't be fancy, and you are right, don't buy those nonsense items that you don't need. It is really about self-control because, as others have stated, if you can't afford it, don't push yourself to afford it at that time; instead, work hard so that you can afford it in the future. Right now, because of the high prices, people are sure getting a budget on everything.

Sure, you do not need those things, however, people are living not only needing lives. We have desires, ambitions, self esteem and endeavour for realisation. We have to earn our place in society. And that is why we are doing a lot of things. Yes, we could not do it, but then our lives would look dull, savourless and boring. A person should strive for something, desire something. Only then does he or she feel alive.

But in the meantime, you should be disciplined with your spending if you are just earning the minimum wage. Yes, all of us have desires and ambitions that we need to gradually achieve, but that doesn't mean that you should make an abrupt move because your life is boring. In the meantime, to achieve those dreams you want, you need to have discipline in life, not only in finances, because how would you be achieving your wants if you were already broke.
I agree. Prioritize the needs first, before the wants and be practical (for now). If you have desires that you want to achieve then work on it, strive hard so you can turn your dreams into reality. However, if your current situation is hindering you to achieve whatever goal you have in life then it's time to do something that can help to change what you used to. Anyway, to avoid the short of budget due to unnecessary expenses, before your pay day, list down the essential things (food, bills, transpo etc.) so you can budget beforehand the amount allocated for these expenses. Don't spend more than what you can earn, so can still save money. Discipline is important if you don't want to struggle financially. Much better if you can increase your earnings by looking for a side hustle and not just relying alone in your main job.