- STRATEGY OF MAINTAINING FINANCIAL STABILITY THAT I HAVE ONCE TRIED AND IT WORK FOR ME .
Good day everyone on hive reach out I will be sharing with my friends on how to maintain financial stability.
1.HAVE A BUDGET AND STICK TO IT:a person that wants to be financially stable must have a budget.on what he or she needs.as human we
have needs and wants.
But to be financially stability you must learn to put
aside your wants and take care of your needs because needs are necessities that must be taken care of like water , food,shelter, clothes those are needs but sometimes it depends on the situation of a person.
You can only think about your want when you have extra money to spend but if not control yourself.
2.HAVE SAVINGS : don't be extra vagant in spending have a certain amount you save either everyday or every month which ever that is easier for you as a person.
You must be very self control to be able to save, you must not have a fixed amount inorder to save
E.g you can save your HBD and spend your HP.
You must not buy your needs at once.buy them bit bit by bit like I need a keyboard and alot of things to make video but I just got a ring light, headphone,a very small music box and am saving my hbd some money from my HP was added to buy them and am doing Acapella for now because, I don't have instruments and I don't know how to play them but in the future I will learn guitar and I will buy it,so you learn how to impprovice and manage in order to have a stable account
3.NO PROCASTINATION:yes friend don't procrastinate anything that boost your account
Let give an example I have procasted I didn't write on the topic the topic my plan for 2025 and it has past no matter how little I would have gotten it is still something to my account and that why I decided to sit up this work and write as early as possible to boost my savings, cause hive is my main source of income for now so I will not jopadise with my source of income because of Procrastination and laziness
4.IMPROVE: you must learn to improve in what ever you are doing that brings in money for you because the better your performance the better your pay the better your pay, the better your savings and the better your savings the more stable your finance get
LAST BUT NOT THE LEAST CONTROL YOUR APPETITE: when I said appetite i don't mean food alone,I mean whatever you like so much like it may be cloth,gist and some time play, control them,let me talk about appetite for snacks and gist,I am trying these days I don't eat snacks like before and I control the level of how I gist so that other activities that bring income will not suffer and I have learnt to bake and do some of the snacks at home, because doing them in large
quantity is more economical and it helps me not to spend as much as buying bit by bit.another reason is to be able to fast and fasting help your spiritual growth and your spiritual growth reflect the physical.
Believe me my friend on hive if you apply these strategies you will have no reason to regret parting financial stability.