What is your personal philosophy when it comes to managing your finances?
By thriftymom
@thriftymom83 (32)
July 14, 2023 1:39am CST
Managing personal finances is a crucial aspect of our lives that often reflects our values, priorities, and aspirations.
When it comes to navigating the complex world of money, what are your personal philosophy that guides your approach to financial management that serves as your compass, steering decisions and actions in alignment with long-term goals and desired outcomes.
To start, my personal philosophy about money is that it acts like our fuel in our life. It is hard to do anything without money, so my approach to money is that you need to have it first to yourself before sharing it to others, because you can not share what you do not have. By becoming successful on making my own money and keep it to make me keep going, I am also able to help other people light their candles too.
4 people like this
5 responses
@Butterfingers (66583)
• India
14 Jul 23
We should certainly learn about managing our personal finance
1 person likes this
@thriftymom83 (32)
•
14 Jul 23
for sure, for me it is the foundation of having a quality life
1 person likes this
@thriftymom83 (32)
•
16 Jul 23
yes, I totally agree, our financial freedom depends on the success of how we manage our money.
1 person likes this
@MarieCoyle (36687)
•
16 Jul 23
Even though times are very tough, I still see people make foolish, impulse buys on things they absolutely do not need. It amazes me the amount of people that spend money on, well...junk! Or endless fast food. I automatically ask myself every time, is this a need, or a want? If I want this so badly and go on home and don't buy it, will I still want it? Will I wake up tomorrow wishing I had bought it? If it's a want, I leave it where it is. I give it a day, just go home without it. About 99% of the time, the next day I never give it a thought again--and why? Because I didn't really need it. Sure, we all need a little treat of some sort once in a while, but people spend money on a ton of things that is just not really necessary to spend.
1 person likes this
@thriftymom83 (32)
•
14 Jul 23
that's great! keep. It going and I wish you more financial success in life!
1 person likes this
