Post
Topic
Board Economics
Merits 5 from 3 users
Re: How to avoid over expenses and have discipline
by
Out of mind
on 19/09/2023, 10:15:49 UTC
⭐ Merited by HelliumZ (2) ,cryptoWODL (2) ,fillippone (1)
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4. Make the 24 hour rule
             This rule helped me when I was building in this way. Because when I want to buy something, I put it off for 24 hours, and during this time I learn how to assess these things. Usually the excitement we experience disappears immediately after a few hours. You imagine the sacrifices you will make when you accomplish them. Like the small savings you have or sometimes we will even borrow the money we will use here. At least in this way we can avoid impulsive buying or bursts of emotion.
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If you take this step to save yourself from wastage of money, you will definitely be somewhat safe of your money. We often do a lot of things with excitement when we buy things that we want and leave them at different places later to no avail. We waste our money by buying all these things and throwing them in different places, so it is very important for us to be aware of this so that we do not have to waste money later. One must take 24 hours before purchasing an item so as not to overexert the item. When you have 24 hours to think about buying something, many thoughts come to mind and if you can live your life accordingly, you can avoid spending money. For those of us who spend a lot of money regularly, if we save that money, it will help us a lot in the future. And what money we use to buy things that we don't need in our daily life, but to invest that money in something that will be profitable. I think investing in crypto with the money of things that will not be of any use will give us a good profit in the future, and thus we can prevent spending our money.