Reasons Why You Can Never Save

You always intend to save, but never succeed? Surely, you are letting your money escape with any of these actions: You Are Too Optimistic It’s okay to think positive, but when it comes to finances, you have to be realistic. Stop believing that you can survive with $ 100 until the fortnight or that you have enough with $ 250 to buy the errand for the whole month. You Don’t Know How Much You Spend Each Month Just as the fortnight arrives, it goes away. And you don’t even know where it went. What you must do to avoid repeating this every 15 days is to write down each of the things you buy. Only by being clear about where your money is going you can better control your expenses so you dont have to seek personal loans online. You Never Check Your Payroll Receipts You might  receive a fixed salary every fortnight, but there are others who may receive a little more or less depending on the month. Knowing how much you earn is as important as knowing your expenses. Check your receipts without fail. You Like To Live In The Moment You enjoy the present without much thought about the consequences in the future. Attending a concert, going on a trip, buying clothes, eating in restaurants … All these little pleasures are throwing your finances out of control and preventing you from saving. You Are Not Clear About Your Priorities It does not matter to you to pay the rent that the gym monthly. Although at first glance they may seem just as important, there are expenses that are completely expendable and that are affecting the balance of your personal finances. You Always Forget The Payment Dates You get lost between so many invoices and you never know when you should make the payments, so you always end up paying surcharges. Something as simple as scheduling payments can help you save a good sum of money throughout the year. You Are Convinced That You Do Not Earn Enough You are constantly repeating to yourself that you earn so little that it is not enough for even the most basic, much less to save. The problem with this is that many times we save what we have left after spending, when it would have to be the other way around.  

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About the Author: Patrick R. Turner