People often think that to be rich you need to spend a lot, earn a lot, and rich people do not spare money to live well and beautifully.
However, some people believe that you can become rich if you save well and increase your wealth. Who is right?
If you spend money thoughtlessly left and right, you will definitely not become rich.
For example, a person has a salary of 100,000 rubles per month, but spends much more, is constantly in debt, and someone spends half of their salary and saves the other half, thereby creating capital for a cash cushion, as well as for investment.
It's all quite simple, and it works this way with any salary, even if it's only 20,000 rubles a month. When a person starts saving wisely, and not spending money on everything, he will have a good amount that he can use for various needs, for example, to make a good repair in the apartment.
Another thing is that you need to save wisely, normally, and not limit yourself in everything, even in the most necessary things. For example, you need to buy a monthly travel pass when it's winter outside, so as not to freeze and not get sick, and in the summer you can walk.
You can’t save money on medicine, clothes, shoes when you need to buy them urgently, and so on.
Saving is not stinginess or miserliness, when a person does not give a penny to himself, does not allow himself any pleasures and surpluses, because this can upset and fall into depression. To save normally, you need to contact specialists, have the basics of financial literacy, know where to invest money.
No matter how much money a person has, if he spends it left and right, he will never have a feeling of wealth.
Instead, a person will constantly feel a lack of money, need, take out loans, be in debt up to his neck.
Even wealthy people make a shopping plan, know how to save, and distribute money wisely, not haphazardly. This allows them to manage their finances wisely and not go to extremes.
A person's wealth is not in spending a lot, showing everyone that you can afford something, but in being able to spend wisely, competently, without exceeding the limit and without making your life look like a nightmare, when one debt is replaced by another.
In other words, you need to be able to live within your means, and not exceed the limit, as if it were your last time in this world. And what do you like more - spending or saving?
Earlier I talked about how to learn to save money.
