English
မြန်မာ
A guide to spending money
1) Don't spend more than you earn. Spending more than your monthly income will result in a deficit....
1) Don't spend more than you earn.
Spending more than your monthly income will result in a deficit. When you need money, if you borrow from the easy one, you will end up in debt. When you're stuck in a cycle of debt, you never know if you'll ever get out. That's why you should know not to spend more than your personal income.
2) Don't pay too much for things that tend to depreciate.
In fact, people who are prosperous and successful are known for their skills. They're just trying to cheer people up. Impressing people by showing superficial things is only thought of by liars and weak people. (They tend to dress normally just to look good.) Making an impression on external things and material things can sink you into more debt. In addition to that, you should not buy things that are more than your income and will depreciate in value just to impress people.
3) Try to reinvest the money.
Another thing is to spend all the money you get. Use whatever money you get. I can't get rid of this life because the cycle is going on when I earn money again. You should consider saving and reinvesting whatever money you get. That will increase income.
4) Don't use easy loans.
When you have money, you use it easily. Borrowing easily when you run out of money is a bad habit that is making your life miserable. If you save the money you have and use it wisely, you will not have to borrow money and will be debt free in your life.
5) Don't waste money trying to impress people.
Another thing, as I said above, buying things that are much more than your income just to impress people is also a bad habit. Dressing and preparing clothes that are comfortable with your own income will make your life easier. Being popular doesn't matter. A really talented person doesn't need to pretend to impress people. Only your actions define who you are. That's why we need to be correct and honest.
6) Buy only when you really need it.
It is also important to understand the difference between use and waste. When you buy something you don't really need, it's like a useless surplus for yourself. The money is spent for free. When you want to buy something you really need, you often run out of money. That's why when you think about buying anything, you should carefully consider it before buying it. Buying because you really need it is useful, and buying without need is wasteful. If you understand that, you will learn to spend money wisely.
Spending more than your monthly income will result in a deficit. When you need money, if you borrow from the easy one, you will end up in debt. When you're stuck in a cycle of debt, you never know if you'll ever get out. That's why you should know not to spend more than your personal income.
2) Don't pay too much for things that tend to depreciate.
In fact, people who are prosperous and successful are known for their skills. They're just trying to cheer people up. Impressing people by showing superficial things is only thought of by liars and weak people. (They tend to dress normally just to look good.) Making an impression on external things and material things can sink you into more debt. In addition to that, you should not buy things that are more than your income and will depreciate in value just to impress people.
3) Try to reinvest the money.
Another thing is to spend all the money you get. Use whatever money you get. I can't get rid of this life because the cycle is going on when I earn money again. You should consider saving and reinvesting whatever money you get. That will increase income.
4) Don't use easy loans.
When you have money, you use it easily. Borrowing easily when you run out of money is a bad habit that is making your life miserable. If you save the money you have and use it wisely, you will not have to borrow money and will be debt free in your life.
5) Don't waste money trying to impress people.
Another thing, as I said above, buying things that are much more than your income just to impress people is also a bad habit. Dressing and preparing clothes that are comfortable with your own income will make your life easier. Being popular doesn't matter. A really talented person doesn't need to pretend to impress people. Only your actions define who you are. That's why we need to be correct and honest.
6) Buy only when you really need it.
It is also important to understand the difference between use and waste. When you buy something you don't really need, it's like a useless surplus for yourself. The money is spent for free. When you want to buy something you really need, you often run out of money. That's why when you think about buying anything, you should carefully consider it before buying it. Buying because you really need it is useful, and buying without need is wasteful. If you understand that, you will learn to spend money wisely.
