Financial stress is not bad as many people think, in fact if you take it with positivity, it's a type of stress that can be helpful in various ways. It should be an alarm to help you control your spending. The lessons you learn from it can help you ease financial strangles in the longrun.
Why call financial stress a rewarding alarm?
Simple! it helps you understand that something is wrong somewhere in your spending. Nobody is really caple enough to keep you up-to-date concerning poor spending, in fact even a bank can't do it for you. The only thing capable of helping you balance how you spend, is "financial stress" and this is why you should embrace it.
Good lessons from financial stress and how one can benefit.
#.Living beyond means
Ensure that you only spend within your brackets of income. Yes, there are lots of popping wants all around which demand to be satisfied, right? Okay, but always remember financial stress awaits you the moment you agree to these demands.
It is like a tickling time bomb you cannot escape. Anything spend beyond what you earn leads to financial stress and that's a fact. Always weight the consequences before spending any extra dime.
##.Un-fulfilled needs.
Once you are in a constraint it simply means that you'll be unable to quench even the most basic needs. Wich will lead to a life of offsetting debts which you incurred while trying to meet the unavoidable spending.
Overspending simply means sacrificing your daily basic needs in exchange for temporary satisfaction, a thing that should not happen. It's vital to remember this every time you think of throwing and extra coin to a secondary want.
Labels: Personal Development