BEGINNING OF THE MONTH
REMEMBER: Never borrow money from AH LONG, Borrow from your Wife or Girlfriends
If you spend more than you earn, you are losing wealth. You are accumulating debt. You are heading in the wrong direction. However, if you are earning more than you spend, you are accumulating wealth. The greater the gap you can create between earning and spending, the faster you will accumulate wealth. There are only two things you can do to gain more wealth: spend less and earn more.
Spending less is something that you can do right now with little or no effort. Just stop spending money. Seriously. That’s it. Stay at home. Don't visit Hypermarket. Don’t buy things. Sure, you need to buy some things, but if you learn to pay less for the essentials (food, shelter, clothing, condoms), and if you can learn to reduce your wants, you can trim spending by a shocking amount. Learn how to shop for groceries and to make your own food. Develop a frugal mindset. Live simply.
The problems is we can't spend less. We spend more than we earn monthly.Right??
With the easy avalaible of Credit Cards we end up more in debts. At the end of
the month we are like (See Pic)
Correct me if I am wrong !! Please give your comment