Over the years, I have come across many different people. Hustlers as they call themselves, they venture into many different things to secure money. Where I'm from, chasing the bag seems like a normal thing. If you don't follow the trend of chasing the bag, you will be seen as an unserious person who don't know what to do with their life.
Many motivational speakers (both online and offline) tend to encourage people to lock in for a couple of months. After the duration of locking in, there will be good results. However, one thing I always ask is - why should you lock in when you don't actually have good updates or the right information of things that will bring finances to your table? If you lock in without adequate information, what would you be doing during that time? Waste it?
As a growing person or as an already grown person, financial management is a very important tool. It helps with proper financial growth for a growing person and it also helps to maintain a good level of financial stability and improvement.
As a struggling and growing young man, I find my self having difficulty when it comes to proper financial management and accountability of the route in which my finance went through. Just like many young men, spending to impress was the order of the day. What I didn't know and still don't know is whom or what I wanted to impress.
I found my self spending aimlessly on things that I don't even need. Why did you buy this junk? This is the question I always ask myself after every stupid purchase. Crazy enough, I don't have a good answer for that question.
For the records, I used to suck at managing my finances. However, the crazy thing is that I'm very good at managing other people's finances. I give good financial advices. Guide people and teach them responsible spending while me, the adviser, spend without a care in the world. Probably because I know I'll replace the lost funds or something, but then, I knew that I needed to control my spending habit.
Minimalist lifestyle looked like the easy way out, but then, that's not actually who I am. I don't really need a lot, but then, I also don't need less. I'm not an extreme minimalist and I don't think I can ever be, but then, a good level of minimalism and financial awareness is probably what I needed.
One day, I was at work. I was thinking of the money I spent in that month alone and I was very disappointed. That was when I knew that I had to work on my spending. Not that I'm rich. I even don't consider myself as a middle class. Though many people think otherwise. For the records, I think lowly of my self, not out of low self esteem, but to motivate myself to do more.
I began to be very conscious of what I spend on. I had a scale of preference where I settle the 3 most important need and leave everything till the next month. I was no more in a hurry to settle my wants. Instead, I began to get what I really needed. Not just what I need, but what I really needed.
I also kept records of all my spendings in a book. This is the difficult part, but I tried. Even when I enter a cab, I write it down in my journal. Every month end, I give my self an account of how much I got and how much I spent. If I exceeded my budget for that month, I scolded myself harshly and give myself some restrictions. If I spent wisely, I treat myself to something nice. Of course, on budget. Lol..
These things have actually helped me a lot in my journey of financial management. This way, I could play the game of stacking.
Thank you for reading.
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