responding to the rising cost of living as well as the suffocating tax increase forces us to be able to process money well, every decision we make will affect financial life in the future, with good managers expected to be able to survive if possible develop, control pengluarang, save wisely can achieve financial freedom. steps taken to survive in the midst of rising costs of living include
Controlling expenses towards healthy finances
the first lesson in holding money is to spend it, but that does not mean the money we have must be spent, spend as needed as needed, mengencalikan pelngelayaran key free yourself from the shackles of financial pressure, one of them by checking regular expenses, not infrequently we subscribe to a membership that is rare and may no longer be used, as well as internet packages, check back whether we need a subscription package such as entertainment packages or internet packages, if sekiranay no longer provide benefits cancel subscription to be able to provide more space each month.
before buying a large item through an online platform, we can easily compare prices from various retailers saving a lot of money in the long run
Saving wisely to prepare for the future
setting aside for each of our money is a rare closer to financial freedom by drawing up a budget, dividing it into important categories such as pension funds, children’s education, buying a house and sisihkna for savings, a method often used by financial consultants by dividing into 3 items consisting of 50 for monthly needs, 30 for desires and 20 for savings and
in addition, use the savings automation feature by setting up automatic transfers to savings accounts on certain dates each month without worrying about missing setting aside savings funds
Increase revenue and open up new opportunities
always by limiting spending and saving the next effective step is to increase financial ability by increasing income, in addition to the main income we need side income in several ways such as working part-time opening a side business or renting out a house by diversifying our income
The strategy of saving money every rupiah means a lot,
in saving money there are several strategies that can be taken including
Use coupons and discounts, take advantage of certain event events to hunt for discounts, or can manffatkan vouvcher discounts from e commerce
Buy used goods, if possible buy used goods for electronics or furniture, because the price is quite cheap almost half of the new price
Cook at home, as much as possible masakalh eat at home because the price is Cheaper lebi also guaranteed health, it also gives you control over the ingredients you use
Set Aside An Emergency Fund
the next smart step is to build an emergency fund, with this can give you peace of mind when there are unexpected situations such as job loss or other medical needs, taergetakn emergency fund for a period of 3 months to 1 year of your regular monthly expenses
Saving and developing wealth with investment
before investing make sure you can save without affecting your regular monthly expenses, from the funds collected then direct investing, start investing with small amounts and focus on long-term investments
Managing debt wisely
good debt is debt that is oriented to investment or purchase of assets that can increase the value such as opening a business or meronavasi property, bad debt dikatakn when we force to buy a machete konslumtif such as gadgets or clothing
managing finances amid rising costs of living is a little complicated but with the right steps we can arahakna more money to save or start investing for the future