I have seen so many people being disturbed by the one, management of the personal finances. So according to you what has been your key successful strategy for achieving that?
How do you succeed in the management personal finances?
- Thread starter Stardom22
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I think management of personal finance involves a mix of planning, self-discipline and regular evaluation. You need to create a realistic budget, set a financial goal to save and invest, regularly assess your financial situation.
I try to increase my income then lower my expenses. This is one principle that have been working for me
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The success of personal finance management does not lie in the ability to master financial literature or budgeting skills, but the success of personal finance lies in compliance, discipline in the plan that has been made by yourself.
eLdavis
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When it comes to managing your personal finances, it all boils down to self discipline. Once you can have this, it would go a long way.
Sometimes, you need to make sacrifices to be able to manage your personal finances efficiently and not get broke.
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I believe I have improved over the years. However, I cannot say that I am successful yet. My discipline has helped me manage my personal finances, and I no longer spend on unnecessary things.
The best answer for that is planning proper planing helps and although it doesn't work every time but it helps alot
