It’s always fun to talk about how we manage our finances, or how we are spending money, or how we are saving, but it can be harder discussing how we spend money. I’ve been told that it’s best to talk about “how we spend money” instead. What I mean by this is that we should talk about how we spend money in the context of our own personal financial goals. For example, how we spend money for ourselves.
Sure, we should talk about how we spend money, but it would be better to talk about how we are spending money. This doesn’t mean talking about how we are spending money is some sort of bad thing, but rather that it is something that needs to be discussed at least in the context of our own personal financial goals and goals for others.
The financial goals for every one of us are different, but there are some universal goals that we all have that we should all set aside. For example, we should always set aside money for our mortgage, bills, food, and the like. We should also set aside money for a rainy day fund, but that is a different topic.
That said, the concept of setting aside money for your own financial goals is actually a good idea. It’s because money is something that we control. If money were something that didn’t exist, then we would never need to set aside money, and we would never have to worry about it. You could set aside money every day and that would be fine, but money is something that can only be controlled by us. This is called the “money-control principle.
The money-control principle is pretty self-explanatory. In this case, it means we should make our money a priority. We should set aside money for our own financial goals. No matter how little money we have, if we put it aside, our money will be there. So, if it doesn’t matter if we don’t have enough money to afford a new refrigerator, we could set aside 10 dollars every day and that would still be 10 dollars.
This seems to be a common problem for many entrepreneurs. We are constantly worrying about our financial situation. Whether it is retirement or college loans or a big vacation, we think “oh I need to get more money,” or “I’ll need a new car,” or “I’m going to get a new apartment,” or “I have a lot of money coming in, and I need to get more.
This is because we think of money as the most important thing in our life, and in reality, it is not. Money has a way of being used for other things than your immediate needs. It is not like you can just take money from your checking account and put it in your savings account. There is a long list of other things in life that come from your money that we can and will use it for.
The best example of this is the ability of our first paycheck to be spent on things other than your immediate needs. Most of us can’t even begin to imagine what it would be like to buy a huge house with a large lot, a new car, a nice house, and a new car. The other big expense is rent, and it is the same amount that comes from a check. A check is not a loan, and it should not be treated as such.
We don’t need to talk about rent. We can talk about how our money can be used for things that we want. But when we get paid to spend our money on things we don’t want, we’re basically paying for something we don’t need.
As a result of this constant spending on rent, our bank balance has grown to such an extent that a check to us is not a check at all. We can spend our money however we want to spend it, but there is a limit to what we can spend it on. If you want to buy a new house, we want to buy a house that is in a location that is safe and accessible. We want to live near a park or the beach, or a church and school.