How do you manage your finance efficiently?
By Anish Asokan
@RevivedWarrior (2485)
India
May 31, 2024 11:13am CST
This has been a challenging question for some. With the rate of inflation, plus decreasing savings, how do we manage our finances ? For me, I reduce my unwanted expenditure, invest in stocks and mutual funds and then having a budget for everything. The focus this year has been to reduce the debts. Not yet having a breakthrough in the areas and long way from achieving financial independence. So How do you manage your finance?
4 people like this
4 responses
@RevivedWarrior (2485)
• India
1 Jun
That is absolute care for environment and people around you. Great point
1 person likes this
@May2k8 (18391)
• Indonesia
31 May
What my parents taught me was don't go into debt, and try to keep saving even a little... if possible, I have to keep turning over that money until I produce something that can meet daily needs. Currently, I am still struggling hard, especially since I have been unemployed for quite a long time.
1 person likes this
@RevivedWarrior (2485)
• India
1 Jun
Thats an important lesson not to go into debt which we can never manage. I hope you find success.Keep trying with all your might!
