How to invest yourself
How to invest yourself
I started my career as a professional photographer in 2011 and I love the job because it is easy and fun. If you take an interest in photography then it can be a pretty good field you can choose from. When we are going through tough times, when we work hard to earn money, or when our life has no direction then it can cause anxiety. At this moment I am facing financial difficulty and now I am looking for ways of making money and not staying at home when I need a break from the stress of my job and financial difficulties. Because my brother bought a house recently, and his plan is that he will live there from now. So here I am again planning to move to that house but this time. But first I want to buy one and when my brother has paid $1000 for that house then we are sure he will use it. That house needs only 2,000 dollars but it needs to be rented out for 6 months from now and it will cost us another 1,500 dollars. Then it will cost another 3,000 dollars to rent the house for 4 months from now which means that it will be 4 times more expensive. This way we have to save every penny and at the end of the process, we will get nothing. We don't know how much we are saving but one of my friends said to me the more you save, the more you earn. And this is what he mentioned and that made me think about it. If I have to save more money for two different houses, it will happen that one of them will be more than you are earning. You have to analyze if the first house you have to pay for is worth it and how much it actually is. On the other hand, if the second house you have to pay for then you will earn less than you are paying before. Yes, this is not about you getting to a better place but it is all about saving. Just like my friend and I, you need to think about if you are spending too much time, and also why you are willing to spend money on something that won’t benefit you and the results will come out soon. There are many people who save up their entire income in order to start investing and these are some methods that can make even a little bit of difference. By the same token, the following steps will help you take up a step toward your goal:
Step 1: Take control of your finances
The main thing on your side is to become more self-sufficient. The most important thing is to create a budget for everyday expenses. I like using Excel to do this because I can see what I spend each month (or week, in any case). So the very first thing on your side you need to do is to write down everything that happens in your daily life, every action, each meeting, each conversation, etc... and make notes of everything. Look at everything that you cannot avoid and you get to understand what it needs for the next few weeks. It is really helpful if you have some free time between tasks like reading books or watching YouTube videos, because once it goes outside then all your distractions can go away. But with Excel, it's easier for everybody to see where they spent the first and how expensive it is, so let's do that for a week. Use this report to find yourself, the places where you got angry or disappointed. Also, do this for your future planning, every year it helps to figure out where you want to be in terms of finance.
Step 2: Track everything you can
Once you are tracking every single detail, do it for one month. Every time you track the things you got angry over, for example, you should track the amount of money that you spent at the supermarket. What foods did you eat? Do you have any debts? Did you forget the milk and bread for tomorrow? You probably don’t want to waste your money but you have to remember all these. All the actions you do daily do affect everything it will affect in its own way and to get your money back you need to remember everything. Let's write down every kind of mistake you did, every place you didn't notice, or at least take notes about. Then let's write down how it affected you and the money you spent. For instance, if you buy chocolate milk and your boss won't let you walk right near him and you got fined. Then you don't go to his office because your boss told you so and you had to wait for 5 minutes. Maybe you bought a car with the money you got and when you went to another store, you found it, everything went well but all you saw was bad news. Write down everything and you are sure about it. Don't waste your time worrying about it anymore.
Step 3: Budgeting with software
In most cases, Excel or Google Sheets has great features for this. You can easily check if you are doing well enough and calculate what you spent and what you have, if you have been careless, the balance is the amount of money that you have spent. Use software for these functions when you need to, just download one or choose an online library with lots of useful functions and then start. Once done, click 'Save' and after saving your money, you will see it in your dashboard, and then, copy the whole sheet so you can give it back to someone who is responsible for it or ask yourself what you did and what did you want to buy. Step 4: Start working now! Before you start writing, start working at home. Work until you're exhausted. Make sure that you have a stable job. This is something that everybody wants but it's very difficult to achieve unless you have a family and a steady income. When you see the money you have, don't throw it away. Put it into savings, start new projects, or anything else that you have in your mind. Remember that this money is a part of you, so you should use it to improve yourself, not to impress others. Spend on education. In addition, it is possible that you already have knowledge in your head, in technology, or whatever. I like to read some fiction because it doesn't matter I just want to learn something that interests me. However much money you have, the feeling you had when you were starting, and the feeling that you are alone as you want to become a successful person, are priceless. Conclusion It is necessary to plan ahead and save as much as possible in advance. After a while, everything will be fine but in the beginning, it seems so big. Keep all the money saved. This is called "leaving the nest", but you must start small. And the result is a lot smaller than you expected.
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