DDHK.ORG - Many people feel rich and wasted at the beginning of the month, because they just received a salary. But from the middle to the end of the month, they immediately turned "poor", because the wages had already run out.
Have you experienced that? And, it happened over and over again?
Reporting from Koin Works, there are 5 tips to avoid “month-end misery”.
First, create a daily, weekly, or monthly budget. This budgeting will limit your expenses.
For example, suppose you earn HK $ 4,630 and want to save HK $ 1,000 per month. That means, what you can use for daily necessities and send to your family at home is HK $ 3,630.
Money that big must be used for anything. For example, to donate, eat for a month, buy phone credit and internet quota, transportation during holidays, and other expenses.
Second, skimp on eating. You can still eat well and snack, but from now on, reduce the portion and intensity. Remember, there are many more important things that must be prioritized for your future.
Third, take advantage of discounts and promos. Often times, we are lazy to collect points and antipathy towards promotional activities carried out by various companies. In fact, we really need many of the products and services provided.
Fourth, Avoid excessive shopping. We must be able to sort, between needs and wants. So, in order not to languish at the end of the month, you should control your shopping desires.
Stop wasting money on things you really don't need. Moreover, because of that you have to pay rent for the luggage storage area because there are already too many items and don't fit anymore at home.
Fifth, looking for additional income. To find additional income, you can look for additional work while on vacation, open a family-run home business, sell online, or invest. [DDHK NEWS]
