1. NOT HAVING AN EMERGENCY FUND
2. NOT INVESTING
3. OVERSPENDING
4. NOT TRACKING EXPENSES
It's good to have an emergency fund, but without some nice income it's hard to put money on the side that can cover "saving & investing". Overspending is not something that we can control, especially if we need to take care of a family and maintain the household. Many things can happen all of a sudden that will take our money from the wallet. And this inflation is not helping, my salary hasn't gone up as much as the prices have gone up.
So, you have good points here, but without income, it's hard to do anything. And to get to nice income it's not so easy... some people get there, but some never do.
That's right, setting aside money as an investment or saving will be difficult if you don't have enough income, because many people who are already working earn income that is only enough to meet their daily needs, therefore they can't set aside money for it. saving especially for investment, also nowadays it is difficult to get a job with a good enough income, many unemployed people are going back and forth here and there looking for a decent job, even though sometimes they have to pay money up front as a sign of being able to enter and be able to join the company Of course this will actually increase their burden.
In my opinion, currently finding a job that has a good income is also difficult, because there are few jobs available, but on the other hand, now there is the internet which is developing rapidly, and I think they have to take advantage of this, especially with young people who tend not to be able to travel far. from cellphones and the internet, this can be used to make money gradually, because getting rich straight away is impossible, whatever you do you have to start with something small and then grow and make a profit.