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How to Break the Habit of Spending Money



If you want to make the habit of saving money, you need to break the habit of spending money because it is big barrier. Every money, when you see the earning, your mind is addicted to spend it fastly instead saving for getting future emergency or future opportunity. It is just like, you want to ban your polyethylene container habit. You buy the cotton bag but you do not use it because you do not take it when you go to market for buying your vegetables or fruits.

So, it is necessary to follow following positive action, if you want to break the habit of spending money.

1. Stop Entertainment expenses

Your mind wants to get pleasure through entertainment by watching youtube video, watching tv, tv serial, watching news and reading newspaper. All will empty your pocket. Stop to see any type of entertainment. It is the wastage of money. Sell your TV in dust. Stop to buy newspaper. Stop to go to theater for watching new movie. Stop to travel useless for entertainment without any biggest goal of your life.

2. Make the Strict Budget of Your All Expenses

When you will receive any income, you need to control it through budget, otherwise, it will die soon in useless expenses. To make budget is very easy. It is good habit. Under this, we estimate our all next month important expenses for operating our business and home. Rest money, we need to save for future benefits.

3. Visualize all Future Opportunities 

You should have future investment goal. This goal is visualize about how to catch your future business opportunity by investing your money.

4. Stop the Use of Petrol Useless

If you are wonder on bike or car useless. Stop it, it will increase your bill.

5. Stop Electricity Useless

If you are using electricity without any use, stop it, it will increase your electricity bill.

6. Stop Internet Useless

Stop your Internet if you use it for pleasure of your mind instead achieving your biggest goal. Pleasure of mind will bring biggest expenses because you will be giving the space to advertising in your mind. This consumption will increase your expenses.

7. Stop Use of Mobile Useless

This is great invention but you should not use it without aim. Keep your mobile always on silent. It will help you to focus you on your goal.

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Accounting Education: How to Break the Habit of Spending Money
How to Break the Habit of Spending Money
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Accounting Education
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