Generally, when we talk about someone financial personality, we're not making any value judgments. Whether you're a saver or a spender is part of your personality. Being a saver or a spender isn't good or bad on its own, but either personality can cause problems if it's not managed properly.
Specifically, I’m a saver. My parents taught me to be a thrifty person ever since I was child. Also, my parents taught me to start on managing my personal finances in order to be a financially independent later. In my elementary and secondary age, I saved my money while my friends spent a lot of their money on things they wanted. Then, I saved a lot of money when I got a part-time job during high school days. Having a lot of money saved on my bank account doesn’t make me go such a wasteful rather it keeps me being a saver. Likewise, having a lot of cash doesn’t make me spend it on things I wanted rather it keeps me saving even more. There's something to be said for living the good life and spending money can be a lot of fun. But while splurging may feel good in the short term, it can lead to serious financial problems if you don't have a handle on your expenditures. The only problem is, too much of the good life now is likely to mean less of the good life later.
So, if you're really excited about a goal, it's a lot easier to save for it. Whether you want to retire early, hope to become a homeowner, or desperately want to travel and see the world beyond, look for the goals that are most inspiring to you. Then, figure out how much you'd need to accomplish them and come up with a savings plan that enables you to achieve your dream. Instead of focusing on the deprivation in the here and now, think about how your efforts will pay off big time later.
2087
titsay
prguitarman
turnnoffyourmind
