Photo: 401(K) 2012
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Rich life seems as an unachievable dream for us. It should not, as the only thing you need to get is a will-power. Thus, earn more, spend less and invest the remains. Maybe you are not going to become extremely rich and will not buy a personal jet, but you will definitely become wealthier and financially independent.
Millions of people across the world dream to have a fabulous lifestyle, but keep spending money on unnecessary things and can not stop. As a result, they have lots of debts which later on with enormous sufferings have to cover up.
These small tips can help you to change your life into the better, but only if you are eager to let the changes in.
Set Goals and Follow Them Up
If you are only twenty and reading this article, you are lucky enough as you still have plenty of time to reconsider the attitude towards finances and its coherence with life in whole. Ponder over goals now, write them down in every single detail. Once you have a complete image of your future life, start thinking of the ways to achieve what is so desirable for you. The list of goals may also prevent from buying useless stuff that will be thrown away within one month or a bit later. Focus on your goals and make them visible, for example, make a collage with the pictures of your dream life and hang on the wall in your room – that will remind you of your goals and keep you motivated.
Don’t Spend Money for Short-term Pleasures
In our era of consumerism, we should be scared of a global idea that things can make us happy. They can, but for just for some minutes. Are they worth it? Is it a good idea to spend several hundreds of dollars to share a few minutes of happiness? You can spend twice less and be happy for a longer period of time. Memories are way much more significant in our lives. Money is flowing away, time is the same. But memories are always with us.
Emotions, Step back
Control your emotions when you are going to make a purchase, stay calm and cool-headed. Any hint of impulsive behaviour and you are going to waste much more than you have planned. When there is no plan with financial goals marked precisely on the paper, it is possible to lose control and start buying useless things, which you will regret after.
Make Mistakes, but Learn from Them
It’s impossible to live without making mistakes, we can plan as much as possible, but no one is protected from making some wrong steps and decisions. Mistakes make us wiser and more experienced. Nobody’s perfect, sometimes it’s okay to use credit cards or apply for instant payday loan online if there’s an extreme need of money. The most important is to understand that it’s worth to borrow money only if it’s really necessary. Try to live within your means, but don’t be too strict to yourself because under your own pressure you may lose a motivation. Enjoy life but remember that there are things more important than money. Our happiness is in our own hands, that’s why work hard and follow your dreams.