Type people that unable to save money properly
How to manage money wisely? Everyone certainly has a way and tips on how he is able to manage and save his money properly. However, not all people can do it, either because of habits, lifestyle, character, and so on. Are you among those who easily save money or vice versa?
The more you save money, the more your life will feel happy, because the main and important asset is how people can save and manage money wisely. But what if we don’t have money management skills?
Here are some examples of how people are called unable to save money properly and correctly.
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An example of one attitude that often makes people reluctant to save is delaying. Maybe some people think to delay saving money in the form of savings or investment, they think later and later save it. There is still tomorrow to save, this habit is detrimental to his future.
He did not realize that time passed quickly, he did not think about how he would finance the lives of his children in the future, tax fees, household expenses, and old age that would greet everyone. So if you can save now why should you wait tomorrow or later? Determine the amount or set aside money from shopping or other additions to save little by little. This is for your personal money management.
The denial type is almost the same as the delay type, even worse. They continue to deny that their finances are fine, even though the amount of debt piles up and is almost bankrupt. For the denial type, it is rather difficult to be given input so that they want to learn to save, in their minds they think there is still tomorrow or there will be a miracle that comes.
So that their financial problems can be resolved later. They don’t know that miracles never come by themselves if they don’t save. How they will be happy and how they can afford to pay debts and so on. The denial type will deter and think twice to be able to save if his life turns into a disaster, such as being laid off, being sick, or going bankrupt.
Suction Type (Land Leech)
This type one is indeed very cunning and has the nature of pursuing profit alone. This type does not think about how people around him feel aggrieved by his actions.
The sucker looks for targets that his money can use to borrow or use, after which he forgets to return the loan to the borrower feeling tired and giving up.
People with this character should be shunned, and never give space to try to undermine your finances, you might fall into poverty and go bankrupt because of the amount of debt that is not paid.
One example of a person who has a hard time saving is the type of person who likes to show off. Whatever it is, what he exhibits is usually related to lifestyle, branded and expensive goods, and the habit of the spree.
This type does look rather tacky or excessive, while they have a lot of money in their minds how “I can show off, fancy and expensive new items”.
However, most types of showers do not realize that what they receive is more than the purchase of the goods they have. So he forgets himself and usually justifies various ways to meet his needs.
He could have wasted salary money, spent credit card funds, or owed everywhere for his show-off lifestyle. It is impossible for a person with a show type to save money even if there is a small amount unless he experiences poverty or goes bankrupt.
Reliable Helper Type
Having friends and relatives of this type is very profitable and beneficial, this type is very kind and generous. He will give whatever he has to help other people who are in trouble, especially financial funds.
If this person is not immediately aware of what he is doing, of course, he will experience a bankruptcy and fall into poverty.
Indeed helping someone is a good deed, but it must be seen, checked, and adjusted to your abilities and level of trust in people. Not all people who provide assistance either loans or loyalty are rewarded with kindness too. It is precisely what happens that is exploited or manipulated for certain purposes.
Not everyone in the world has abundant luck, even many people blame themselves for the defeat they have. People with this type have very little enthusiasm and motivation, he thinks he does not have a good chance in any case. For example, in a job opportunity, he is not sure that winning can be promoted, rising salary, and so on.
So that the spirit to try to get up and be better he throws away. The thing to do if you have an attitude like this is to look at every pleasure you have is a gift.
Think positively about the steps and events faced, don’t give up on the situation, because opportunities don’t come twice. So stay optimistic and believe you have the abilities that other people have.
Type Lack of information
This type is often referred to as information failure, lack of association, or lazy to learn. He considered himself to have more knowledge of anything. But, in reality, they didn’t know at all. They do not know how to invest in a good way. Arrange finances properly so that fraud, embezzlement, and even theft of money often occur.
Without realizing it, the carelessness that he did could result in permanent bankruptcy. To help these types of things, they really need a struggle, because it is not easy to convey input to people who have a saccharine attitude. With enthusiasm and the right reasons, these types of people are gradually able to accept and realize things that they have not been able to do.
Type of treasure hoarder
One of the types of people who find it difficult to have a fixed deposit is the type of hoarder. Especially objects or goods, he has a lot of money that is only used to buy goods and favorite objects that are only used once in a while or stored in a warehouse for a long time.
Each object certainly has a shrinkage period, if it is resold, the price will fall. People like this find it difficult to see the opportunity to invest their funds for business or other benefits.
He only thinks my money is still large and cannot be managed in any form except goods or objects. At least he has funds, but the funds do not develop which at times can be consumed by his life needs.
So for this type of thing, it needs a subtle approach so that the wrong attitude can be changed to be better and wiser.
Money management tips Finances for Young Families
I will give you money management tips for managing finance for the family.
Managing finance is very much important, although currently maybe not yet get married. But if we having good information and useful tip to manage family`s finance will help much later if already get marriage.
Getting married and having a family are stages of life that do provide extraordinary experiences.Not only happiness because you can live life with your beloved partner, but there are also many valuable experiences about life.
So that young families no longer have difficulty maintaining their finances, here are some tips that can be applied so that young couples are able to achieve the desired financial goals. Look carefully at the following money management tips below:
Start by Preparing Emergency Funds
Having a prosperous family with stable financial conditions is indeed the dream of every person, including young couples. Therefore for young couples preparing emergency funds from the outset, it is a highly recommended step.
In another case when you have children, young couples who do not have children are more likely to have more funds to save in an emergency fund. Especially if both of them work, of course, it will be easier to prepare.
In essence, this fund will become backup funds, when occurred the unexpected problem. Because the young family will vulnerable to facing a financial problem, because their lifestyles may not familiar with the household of life that requires responsibility
In this way also, the financial situation can be safer and at least free of worry about financial problems that may still be in the stage of adjustment.
Create a Financial Plan carefully
Someone who has a plan in his life means having a purpose, and this goal which will encourage someone to be able to do something including financial matters. So also with young couples who start thinking about their financial plans for the future
This financial plan is more about long-term goals, which means managing your finances from an early age so you can enjoy them in old age. For example, by investing, there are many types of investments that can be an option by buying a house or land, can also open a savings bonds
Whatever is planned originally done seriously, must have results. And if you are still unsure advice from the closest people who are more mature about financial matters, for reference, for example, the parent or financial consultant
Don’t Let Any Debt Not Get Over
When you start planning financial matters, keep in mind there are still debts or loans that have not been resolved or not. For example, maybe funds for college first, or maybe even the cost of a marriage that has not been fully completed.
Of course, paying off a loan is far more important before starting to save a portion of the income earned.
By freeing yourself from debt from the start, this will give you the opportunity to live quietly away from the shadows of unsettling debt. That way, more finance can be arranged as desired.
Take advantage of the Retirement Plan
It may sound too early, but there’s no wrong in thinking about old age. If you have a permanent job like a bonafide company employee or become a civil servant, you don’t have to bother thinking about old age.
But for young couples who work as entrepreneurs or worker who does not have a guarantee of the old age, you can make your own retirement savings plan.
By thinking of old age from the beginning, at least the future is more organized. So that in old age you don’t have to work hard just to make a living.
Think of Education Savings for Children
Even though currently they don’t have children, thinking about their education is also quite important. Why is that? Because the earlier a young couple thinks about the education of their children, the higher the dream can be realized.
The cost of education is not cheap, it can make someone unable to continue their education to a higher level. At least when education savings have been planned from the start, in the future they desire to go to school will not be burdened with economic problems.
Think Insurance Issues
The issue of life insurance is usually far from the thinking of young families and some may even consider it not too important. Although there is an assumption that insurance is only suitable for people who are old, this actually needs to be straightened out.
Insurance is not only suitable for the elderly, because real insurance is a protection for all ages. By having insurance, someone not only protects himself but also his family especially if he has a loan in a bank with a long loan term.
The protection offered by insurance is not only one type of protection but more complex for various needs. For example to protect live and asset that owned like as homes and other properties from something that undesirable
Managing money should be done carefully. How to manage money wisely?
In the holy book of the Qur’an mentioned in surat al Isro verse 27 that in fact these spenders are brothers of Satan, and Satan is very disbelieving to his Lord.
And in verse 29 of the letter Al Isro mentions that, and do not make your hand-bound to your neck and do not stretch it out too, therefore you will be reprehensible and regretful.
It means is that managing our money should not be too wasteful, nor can it be too stingy, so spending money is only limited to needs and saving if there is leftover money that can be saved.
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