Managing the finances becomes the answer. From total income, you need to divide it into a number of things, from priority to setting aside to save or invest.
- Prioritize spending
Suppose you have mortgage or vehicle repayments, this should be a top priority. Set aside money early to pay the installment.
- Get used to record income and expenses
Like after doing online shopping, immediately record the money spent. It's troublesome at the beginning, but believe me this way is quite effective to put the brakes on excessive spending.
- Do not often use credit card
Because, you will not feel when shopping with a credit card. And you have to pay in the next month. So just use a credit card when there is a promo.
- Outsmart Lifestyle
You need to find a hangout or shopping center for which there is a promo. This is to save more expenses that support the lifestyle.
- Discipline of saving
Get used to 30-50 percent of salary to save or invest.