Thrifty is the most effective strategy to make you rich

in LeoFinance3 years ago (edited)
Authored by @afridany

Hello friends, how are you today? Have a nice day.

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This morning is a new Monday, the day I start work happily. Yesterday I visited a beach and spent a little time there.

Friends today I will share again with an interesting post. In addition to contributing to our community (Leo Finance), I am also here to fill the space of readers, so that we are always smart and clever in dealing with life.

As we know, people who always read will always get good opportunities and opportunities in their lives.

Alright, I'll start with a little story. In the last two days, actually I faced a dilemma, that my in-laws were hospitalized. I have to deal with family conditions and have to maintain the economic situation of the household so that it continues to run according to needs.

In an emergency, I always think normally, and put forward a strategy so I don't fall into a difficult situation. The first is about economics in my daily life. If we are not sensitive in managing, difficult conditions can make our situation worse. Where the economic situation will always be controlled wisely by the world financial system. In my country there are OJK, BI, and BANK systems.

The strategy I use is always out of the system Save. Thrifty is a tactic that I use to keep myself safe in the economy. We need to be together thrifty is the base of wealth. In financial matters is one of the most powerful ways to become rich. On the other hand, wasteful is the root of poverty. Even extravagance can lead to falling into poverty. So save while we have money.

Why should we be frugal? People who want to be happy and have dreams of the future, frugality must be applied in everyday life, because the economy will not always be stable. Countries, Governments, and all companies save budget, and the most important detail is energy saving.

When do we save money? Frugal to do when we have a lot of money to save, but save money first, then spend. Saving before shopping is one way to get rich. And the rest of the storage is spent. While the storage of the remaining shopping is wrong. So, who is really saving before shopping.

If saving after shopping, will make the amount of money or wages eroded, the minimum remaining numbers will make savings savings decrease. While storage before shopping will make more expenses. The market will always offer and give something cheap. Thus, if our finances will be debited a lot in the contest. Meanwhile, shopping from the remaining savings will make you spend more when shopping. This is where frugality lies.

The fatal result of not being frugal, there will be a budget deficit. Or there will be debt. If there is debt, then the amount of the budget will swell. Please note that as a result of not being frugal and debt will occur, everything that is possible will make the financial system. Instability of the budget and forests will result in an inappropriate planning for the financial system.

So what's the solution? If we are part of the daily and monthly economic income. So, we must be good at economic management. Like managing time and energy. So far, the economic growth of various countries in the world has resulted in a decline in productivity figures. One way to develop our economy is to build all sectors to boost growth. That's all I can say today, I wish you all success.

**SAVE CRYPTO. **In the cryptocurrency system, even though it is decentralized, it also requires saving power when shopping. So that your assets will always increase not even decrease. You need to look at some of the more expensive sales markets. Thus, we have survived using this frugal strategy. Greetings, and thank you.

Posted Using LeoFinance Beta

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