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Avoid putting your budget into unnecessary stress: Reason why you are still stuck in debt

[email protected] 1d

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I have noticed that many people feel left out 

 hence the urge to upgrade their lifestyle before their pockets permit them. This often lead many into  unnecessary debt. I always tell everybody who cares to listen that they should know that they are the Author of their own story, so write your own story and don’t copy what others are writing or don’t let anyone write your story.


Same applies with money, this principle is 100% effective. Mostly our friends ask us when we will upgrade our car, then we just say when the time is right. We know and understand our financial story and our goals. So, whether they feel that we are stingy as many label us, Accountants, as such.,

Oh, well all I have to say is that you must be stingy with your money so you can see its works.


One money rule is that if you are not disciplined, you will end up feeling pressured and end up getting into debt just to impress others. Also, if you dont set any financial goals, you will just end up spending with no proper financial planning. Because they just asked, "when you are going to upgrade."🤷🏾‍♀

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That is the reason why l always emphasize the importance of budgeting and understanding your personal financial circumstances so that you don’t end up diverting your spending plan just to please others and straining your budget in the process. Debt is not good especially if you are taking it for unnecessary expenses which you cannot measure the value.


The reason why many people are stuck in debt is because they live to impress and to be seen that they have made it. What they forget is to let their money labor for them for the future. Debt is very expensive, the interest rates, charges etc but its something one can avoid if you live within your means.You just nee to understand what you can and cannot afford now.


When you understand where you want to be, it’s easy to plan how you intend getting there and know the financial steps and sacrifices to take to be able to reach that financial destination. Lets all wise up and work with what our budgets can handle. Avoid debt, avoid spending more than what you can afford.


“Know your money and financial goals, stick to them and your money will not depart from you “– Tarie’s quotes


 


#writeyourownmoneystory


#don’tstressyourbudget


#knowwhatyoucanafford


 


By [email protected]

www.letstalkfinanceswithtarie.co.za

Source: opera.com
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