From Broke to Poor: How to Take the First Step in Your Financial Journey

From Broke to Poor: How to Take the First Step in Your Financial Journey
  • Opening Intro -

    Anyone can be a source of motivation.

    Anyone can turn their financial lives around.

    In this article you can get the know how to be the next big thing...

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No matter where you are in your financial journey or what you do to make ends meet, anyone can be the next Jack Ma or Bill Gates, or even that big name in your village that everyone wants to be.

Anyone can be a source of motivation. Anyone can turn their financial lives around. In this article you can get the know how to be the next big thing.

It is obvious no one can improve their financial lives without money by just sitting on the couch, got nothing to do, nothing out there that is streaming in some money and expect to be the next big thing. One has to wake up and do something and earn the extra coins no matter how little it is. In order to transform the few coins we earn to a fortune something’s got to change

1. Cut off the amount of television you watch.

I know many are taken back by this. But look at it this way: the less the television is watched the less the spending of money spent on spending inducing ads and the electricity bill is also cut down. Through this the money that would have been used on settling the electricity bills could be used to start some grocery shop business or some kind of a boutique.

2. Stick to the list.

I am not talk about just any list but the shopping list. I know sometimes we decide to go shopping and we end up realizing we spent much more than expected due to impulse buying.

3. Quit using credit cards.

At one time or the other we have fallen into trouble with the credit card company. If its for emergency purposes that is exempted, but using it everywhere in the petrol station, supermarkets… come on. If you have this habit keep it away from you; not in the purse or wallet, but out of sight completely. With this tip money is saved.

4. Avoid stress spending.

At the end of that long stressful week you just go grab that expensive drink or buying unnecessary impromptu things, one thing is for sure: all these won’t reduce the stress in the long run, but might even leave you more broke – hence more stress. Instead of all this, find other ways to reduce stress like: hitting the gym, a warm bath, going on a leave; this way you will save a lot of money.

5. Find some cheaper place to live.

For starters you don’t have to chock your pockets in order to live in that expensive apartment. My mother taught me to learn to live by my pockets if you find that the rent is suffocating your pockets take an initiative and move to a cheaper house. This way you will be able to save the extra coins and do something that will multiply them.

These are just but some ways to transform the few coins we earn into fortunes. All it takes is to decide and take the first step, which is at times the hardest.

If you have that one friend whose finances are suffering, share with them some of the ideas listed above in order to help them save, and one can also follow some of the steps above to save your coins.

Consumer Tips reference:

aid checklist for students

 
Bestseller No. 3
52 Ways to Save Money!: Save Over $25,000 by Reducing Everyday Expenses
  • Ken Russell
  • Independently published
  • Paperback: 89 pages

Last update on 2017-10-20 / Affiliate links / Images from Amazon Product Advertising API

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