π£πΎπππππΎπ½ πππππ πΌπΊπππΊ
I am someone who loves to spend money, enjoy my time, and eat a lot. I spend most of my money on food and have not really been living below my means. I have not been saving much because I have always felt that I should not deprive myself when I can take care of myself to some extent. I have always been giving some of my money out to help friends around without even putting much thought into my own financial stability, but now, I am coming to my senses.
I was hit by this quote: "Living below your current means increases your future means" while reading the book Atomic Habits by James Clear. He was talking about building a habit of doing something where having a reason to do something can be a motivation for taking action. This quote was used as an example or a word of motivation for having a habit of building finances.
As I thought about this quote, I started to wonder if I have really been living below my means. I took a closer look at my spending habits and realized how much I have been spending on eating out almost every day. Even though I know how to cook, I have completely avoided the kitchen and not used the fact that cooking myself can save money compared to eating out. Instead, I have prioritized my comfort over saving for the future.
Although I am not completely at zero in terms of savings, I can't help but imagine how much more financially stable I would be if I had developed a good saving culture and a habit of preserving and managing money. It's time for me to take a hard look at my expenses and see what can be cut out in order to make my future finances more secure.
One step towards building a more secure future is establishing an emergency fund. In the past, I have always relied on my Hive stake as an emergency fund, which has led to power downs during difficult times when I had no other source of financial support. It's time for me to start actively building up an emergency fund so that I am better prepared for any unexpected expenses or setbacks.
Overall, the quote "Living below your current means increases your future means" has really resonated with me and has motivated me to take control of my finances. I know that it won't be easy to change my spending habits, but I am determined to make the necessary changes in order to build a stronger financial foundation for myself. I am excited to see where this journey will take me and how much more financially secure I can become in the future.
WHO IS STARSTRINGS01
Designed by @ grisvisa
Starstrings01, also known as Giftedhands, attends the Federal University of Agriculture in Abeokuta to study Mechatronics Engineering. He is a lover of the hive, a guitarist from Nigeria, and a student.
His ambition on Hive is to be more than just an ordinary blogger; he wants to be someone with a purpose. That's why he started the newbies initiative 
He tries to juggle education with being active on the chain, but his love and passion for Hive keep him on track..
All images are mine except indicated otherwise
All gifs included are powered by Tenor
