"There is freedom to decide what to do with the resource or money that comes from your workday, and even the end that will be given."
There are very few people who do not miss the opportunity to enjoy and enjoy their salary intelligently. Today there is an increase in the opening of micro-financial companies due to the financial need that exists in society, we strive looking for resources to cover our needs in a survival mechanism; it is not the best alternative solution, In a consumerist society that day by day tries to create new needs in an environment that leads us incessantly to desire the possession and enjoyment of a thousand and one items is nothing more than marketing, Even if you are a prisoner From your debts or from a system that encourages you to take credit or spend more than you have, you must take into account that not all of these impulses can be the best decisions.
Although there are many ways and ways to properly manage money, I have chosen 7 rules that are important and fundamental to have a healthy financial well-being, which are mentioned below:
1.- Learn to Live with what you have, not spending more than you earn
This rule is important and very easy to handle, if you learn to set aside a percentage of your salary, you will save a certain amount that will allow you not only to achieve the financial goal, but also to get out of economic problems, what percentage?, the ideal would be 10%, but if due to lack of discipline it is difficult, let's start with a lower percentage than this and so on we could increase it until we achieve savings discipline.
The attitude that we assume will guarantee the success of savings.
2.- A correct planning
When people talk about planning, apparently people say that they do plan, but the problem is not only planning what we will spend on, but rather the commitment we make to carry it out. From the beginning, he commented that marketing increasingly works more in In the minds of consumers, there are thousands of articles that are made for the acquisition of people. However, we confuse a need with a desire, that is, according to some book authors, they define the following:
A need is a feeling of lack coupled with the desire to satisfy it. For example, thirst, hunger and cold are sensations that indicate the need for water, food and heat, respectively. Thus it is also defined that «Needs are the expression of what a living being requires indispensable for its conservation and development.
In psychology the need is the feeling linked to the experience of a lack, which is associated with the effort oriented to suppress this lack, to satisfy the tendency, to correct the situation of lack.
And a wish is a need that takes the form of a product, brand or company. For example, if you are thirsty and feel the need to hydrate, a glass of water is desired to satisfy that need.
Needs are not created, they exist. What is created or fostered is desire.
With this then it is important that when planning is carried out we consider what our needs and desires are when selecting the priorities that will be considered at the time of budgeting.
Example of a budget.
Learn how to plan your personal finances
3.-Avoid borrowed money
Every day the promotions and offers to obtain a credit are temptations to which every person is induced, it seems that they are attempts that can offer us happiness, but it is not the same to enjoy a good car derived from the economic efforts we make for the discipline of saving, to a car financed that in the long run will bring us problems of economic scarcity.
the important thing is to know how to save it to enjoy it, if it does not cause tension and anguish in our family economy, every loan or credit is linked to interest, so it is vital to make good planning of our expenses.
4.- Open a savings account
It is essential to have a savings account, keep the money under the mattress or wallet, believing that we can have self-control not to spend it, It is not a good strategy to encourage savings.
In order to learn how to save money, it is essential to consider opening an account to avoid spending it, and stick to the planned budget. That is to say, this implies that before you leave, you check your bag and propose to use responsibly and correctly the resource you have left from your planning for your expenses.
5.- Use credit cards wisely
When we efficiently manage our money, it is not necessary to fall into the use of credit cards, people who get into debt with credit cards are precisely due to the lack of planning, It is not that this option is considered bad, I think it is not a good option when there is a commitment and responsibility on the part of the person who is using it, if even after planning my budget and savings, I consider that I have liquidity to pay credit cards, there would be no problem, only that today the People turn to it for lack of cash and there is no self-control in its management, and we get involved in such a way that we get into debt and then find no way out of our economic situation.
6.- Create a reserve for emergencies
It is important that within the planning a reserve is created for emergencies, we do not have the culture of anticipating unforeseen events, for example, car accident, illness, lack of employment, etc., for these circumstances we must consider an emergency section, it should not be part of the savings mentioned in rule number 1, if not a separate percentage.
If you are the head of your home, you must anticipate this situation, if you do not want to resort to a loan with high percentages of interest, be prepared to create this emergency fund within your planning.
7.- Educate yourself in your Finances
Educating ourselves in finances must be a goal and objective of every person, education must be at a young age, however, not all of us learn to manage ourselves, for this reason it is important that as parents or future parents we teach our children to educate them. in money management, today it is necessary to have a different financial culture, the family economy is becoming more difficult. Teach your children about money management, start encouraging them to save, you don't need so much technicality but the basics of an administration.
Robert T. Kiyosaki in his book "Rich father, poor father" says that money without financial intelligence is money that disappears soon. Therefore discipline is a basic principle of financial education.
Learn to educate yourself and so you will also learn to make correct financial decisions.
