If a person is unable to manage his money wisely, then he creates many problems for himself.
These people go into the store and leave with large bags of things that, as a rule, turn out to be completely unnecessary.
After a few shopping trips like this, people say that money is flowing away like water. Although in reality, they simply did not optimize their spending.
Agree, you also bought things under the influence of the opinions of others. For example, your friend bought himself a new phone, and you began to think that your gadget was quite outdated, and now you have a mobile of the latest model.
Perhaps your personal example is more modest, but the essence remains the same - people do not want to lag behind their environment financially.
However, try to rise above this and before you buy something new, think about whether you really need this thing.
Advertising is a powerful tool for influencing consumers. Marketers have come up with all sorts of things to make people buy unnecessary things.
If you need clothes, make a list of what you need and go to the sale. Otherwise, you will buy a lot of unnecessary things that will remain gathering dust in your closet.
Try paying in cash. You won't notice how you spend most of the money from your card, and the bills "fly away" much more slowly. Credit cards are a separate trap of banks.
At first it seems to you that you can afford absolutely everything, and then you have to overpay considerable interest.
Try not to go shopping every day. However, this does not mean that, say, on the weekend you can afford to spend thoughtlessly.
Your task is to learn to buy only the most necessary things. Also, stop browsing various online stores for hours. It is better to find another way to relax.
It is important to control your money. Keep records in a notebook or in special applications on your phone.
Once you start tracking your income and expenses, you will always know where your money is going and will be able to reduce the amount of "empty" spending.
Earlier I talked about what qualities are needed to run a business.
