It is no secret that a lot of the time people think that their car will be a wreck in the event of an accident or near-accident. However, most of the time this is not the case. For example, I had a friend ask me how I would have known if she was in a head-on collision, and I said “Because I would have seen you.” I would have been able to see her and tell you because I would have been the one driving the car.
Well, if that’s true, doesn’t that mean that when someone is in a car accident, it’s because they weren’t paying attention? Apparently not. A study of car crashes in the UK found that drivers were four times more likely to be killed in an accident if they were not paying attention. I think that’s really important. If you can take care of yourself and not be thinking about anything else, you will be far less likely to be involved in an accident.
One area of our lives where we have to pay attention is our personal finances. Paying attention to what you spend money on is the first step toward keeping a tight budget. There’s always going to be some way that you can overspend. If you can’t tell yourself that you need a certain material item or need to buy something because you want to save money, you’ll end up spending more than you intended to.
If you don’t have enough money, then any savings you make will soon be lost. We’ve all been in a situation where we can’t pay our bills on time in order to save enough money to pay next month’s bill, but there is no way we can pay for everything we need to buy. The only way to avoid this is to plan for emergencies.
One thing you need to know before you start this is that there is no place for a good plan. If you have many problems, then get to them. If you don’t, then start having a plan. Weve all been in a situation where we cant pay our bills on time in order to save enough money to pay next months bill. If you dont have enough money and you dont plan for this, then youll end up spending more than you intended to.
I understand that youre not a fan of the idea of a simple cashflow as a solution to the “pay for everything” dilemma, but you might not like it when it sounds like money is going through your pockets. You can pay for everything you need to buy in a day, but then you’ll have no way of making money.
That’s a good point! I believe there are two ways to look at this. The first way is to try to pay for everything you need to buy in a day, then try to save enough to pay next month’s bill. This is a very good strategy if you don’t have a lot of money, but you might find that you end up spending more than you intended to.
The other way to look at it is to think of the money you are spending as an investment, the money you are saving as a loan, and the money you are spending as a profit. The money you are saving is a “loan” that you can use to pay for your bills, and the money you are spending is a return on your investment.
And it’s not always clear what the investment is or what the return on the investment is. But for the most part, money is a loan. You invest it, you get the return. So if you save money and use it to pay your bills, what you are doing is investing in yourself as a person. And the money you are investing is also a loan. It is an investment in the future that will pay back the loan.
lcdfull form is exactly the same idea as a mortgage, but the difference here is that you are paying for the future that you are investing in. The money you are saving is part of your investment in the future, but it is also a loan to yourself. There is no guarantee that the loan you are investing in will pay back, but this loan is a long term loan.