Avoid money with this habit at the beginning of the year!

Hello friends ! How are you? We feel we are not ready to leave 2021 and enter 2022 with renewed vigor. As we enter the new year, Friend Attitude is determined to set new goals and strive to improve for the better.

However, the 2022 resolution should also make improving your financial situation a priority, in addition to improving yourself. If last year you always felt short of money, in 2022 you should start planning and managing your money to change this bad habit. So, here are some tips for changing bad habits.

1.             rules for dealing with money Managing money doesn't have to be difficult. Congratulations, my friend is always disciplined about it. If you decide to save money, make sure you can stick with the decision, not a week or a time. In addition to managing your money, it is important to manage your savings and investments to prepare for future financial needs.

2.             Accounting for expenses If you want to manage your income well, start by tracking your expenses regularly. You can start tracking general expenses on a daily, weekly and monthly basis. Once you've recorded your expenses, group them into mandatory, non-mandatory and additional expenses to perform a quick analysis of your expenses. Ensure that non-mandatory or complementary expenditures are actually a larger proportion than mandatory requirements.

3.             Set up an alternative account A separate savings account can help you save money and manage your money better. This will certainly have a positive impact on your finances. As soon as you receive your monthly salary, deposit your salary into a designated alternative savings account.

4.             Avoid Lifestyle Competition Lifestyle is one of the things that greatly affects your financial situation. Implementing a consumptive lifestyle to keep up with lifestyle competition can certainly have an impact on your financial situation because your expenses become more wasteful. So you can adjust your lifestyle by keeping things simple, healthy and plentiful. And quit the fame and luxury.

5.             Avoid debt One of the habits we must adopt to stay in good financial position is to avoid consumer debt. There are many different ways to get into debt today, but these conveniences can lead to an increasingly uncontrollable debt addiction. So, to build healthy finances, avoid debt that is consumptive in nature but is intended to borrow something productive, such as business funds.

6.                      Fight wasteful habits One of the bad habits in finance is excessive spending. If you don't want to experience financial difficulties in the future, you need to learn to prioritize so that your money spending pattern prioritizes meeting needs rather than wants. Allocate at least 20% to start saving or investing. Because it helps you achieve your future financial goals. These are habits you can apply to achieve a better financial settlement in 2022. Of course, changing old bad habits takes a lot of determination and determination.