Life is a Priceless gift from God. Very few people know how to live and lots of people don’t. The people who put their life into struggle are the ones who don’t know the value of the life. Nowadays the first thing which changes a person’s life completely is none other than Money. But earning lots of money is not change your life happy, but also, you need to know how to manage your money. How to make yourself worthy? How to become a millionaire or billionaire? Everything will happen easily if you understand how to manage money. Through this post, you will get to understand something about the importance of money management in your life.
How to make yourself worthy
First of all, you all must understand where your money is coming from and where your money is going to. Most of the people know where the money is coming from but they don’t know where it is going to. That is not a good in money management and it will spoil your life completely. Remember the following five points all the time. Set goals, Get organised, Track spending, Build a budget and Save money. Apart from those five important points, you must try to understand about your income, Manage your bank accounts, Use your credit cards wisely, Always review and understand your credit reports, and Use calculators. Those points definitely answer the question of “How to make yourself worthy?” The following image contains six excellent thoughts about money management said by Warren Buffet, one of the richest magnet in the world.
When you talk about money management, There are some more things you have to do for it.
- First, don’t spend more than what is in your account.
- Pay all of your bills and check the available money for your direct debits, standing orders and cheques each and every month.
- You must understand about the Gross pay(The hours worked multiplied by pay rate) and the Net pay(The amount you actually received, after all, deduction).
- Every morning you have to count the sum of money you got in your wallet and also every evening count the sum of money in your wallet and make sure where the missing money was gone.
- Save your money as much as you can and this will make yourself worthy little by little.
- In this current world Credit cards and loans are the most vulnerable aspect of money management. So try to be aware from these two.
- After all these necessary steps keep safe your personal information like credit and debit cards, pin numbers, passwords and other security information about your account.
Let’s see some quotes about money management and How to make yourself worthy.
1. “Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” -Will Smith-
2. “Those who don’t manage their money will always work for those who do.”
3. “If you do not know how to care for money, money will stay away from you.” -Robert T. Kiyosaki-
4. “A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man” -Lana Turner-
5. “If we never save money or interest, we will always be poor, no matter how much we earn.”
So, guys, I hope this post might help you to understand about money management and How to make yourself worthy. Time management is exactly the same important thing in order to make your life happy. Once you understand and follow both Time management and Money management, your life will be turned into happiness and joyful. No one wants to be poor, everyone wants to be a millionaire or billionaire. For that, you have to just follow the rules I mentioned above and make your life easy.