In this world of rat race what do you prioritize?
By markgadiano
@markgadiano (895)
Philippines
July 16, 2007 9:25am CST
We now observed that the of life today is different from before,nowadays we almost need everything.If you dont work you will surely die... but in general only few survive an income without working less than 4 hours a day. Most of the people works at least 8hours to 16 hours a day, and this is the rat race I am saying... Now if you are one among them, what do you prioritize upon receiving your salary? Or what do you prioritize during weekends?
3 responses
@dudumodu (48)
• Israel
24 Jan 08
Prioritize out everything and anything that prevents you from paying yourself first, which is another expression for saving 10% of your earnings.
It is a myth that "we almost need everythiing".
Once you begin to apply the save 10% thumbrule, you will be surprised how well you get by without some of those so-called needs.
Read George Clason's The Richest Man In Babylon for more ionsight in this respect.
All the best.
@bench_mmcc (46)
• Philippines
17 Jul 07
As for me because I have a family, I prioritize more on the needs of my family, no matter how encouraging our suggestions are, yo uneed discipline to start with soem tips that i'll share.
1.Remeber to SAVE first before spending what is left, like SAVING 10% of your income, 'coz we tend to spend first before saving what's let, right?
2. Before spending thnigs, ask youerself..."Do I really NEED this? or its just I WANTED it?" know how to differentiate from your NEEDS & WANTS.
3. iTt is right to reward yourself first after your hardwork BUT don't overspend. Set your limit or budget for how much you will reward yourself. If going out on weekend, it's ok to set budget, don't mind what your friends will tell you, ask this question to yourself "If i'm struggling with my finances, are my friends be there to help me through thick and thin?" PAY NOW, PLAY LATER or PLAY NOW PAY LATER, either the way you will PAY. it's your choice.