Some of you might think like “why I always don’t have enough money in my bank account?”. The answer is so simple. Because you don’t control your spending wisely. Remember that I have talked about how to spend your money wisely before? So, today I want to talk about why every end of month is the perfect time for shopping.
Why?
Simple. Because if you spend your money at the end of month, you may overspend and don’t have enough money for the rest of the month which is for about 2 or 3 days. Then, you will top up your money again using your salary, earnings from dividend or what so ever.
But, imagine if you spend your money at the beginning of the month, you will have to suffer for the rest of the month (maybe 2 or 3 weeks!). I’m talking about the big spending here; not the small one like buying bread or ice cream.
How?
You will have to distinguish between the needs and desired things. Basically, you have to fulfill your needs first. For example foods, school items etc. The desired things are like expensive clothing, new shoes etc. which you don’t really need them.
These desired things are the one that you only buy at the end of the month. And of course if you have some extra money!
Give it a try and see what will happen to your current account. I’m sure you will feel the difference after this!
