I used to think that the accumulation of wealth depended on unremitting struggle and hard work, rather than a frugal attitude towards life.
However, as income growth flattened, I came to realize that frugality was actually an alternative form of income generation.
What makes me even happier is that frugality is not an unattainable ascetic life, but a wisdom hidden in the daily life.
1. Buy only what is necessary.
Looking back, I was a captive of mindless consumption. Whenever I see something new or strange that someone else has, even if I don't have much in my heart, I will buy it with the flow.
*of** makes me want to stop, often for a moment of pleasure and buy a bunch of items that have no practical use.
To make matters worse, in order to meet the expectations of others and maintain a so-called social face, I often buy blindly without regard to my own real needs.
This blind consumption habit not only put me under heavy economic pressure, but also left me in an endless material quagmire.
However, now I have learned to think carefully before consuming.
Every time I make a purchase, I ask myself three questions:
Does this item really fit my needs?
Are there more economical and practical alternatives?
If I don't need it anymore in the future, can I easily dispose of it?
Only when the answer to all three questions is yes will I not hesitate to buy it.
This concept of consumption has allowed me to gradually get rid of the shackles of material things and begin to truly enjoy a simple and high-quality life.
2. Start a side hustle.
Always leave yourself a way back. When there is no hope of a promotion or salary increase or unemployment comes, at least there is a side hustle to do, and the income will not be cut off all of a sudden**.
In the side hustle, I am also groping, and the simple and brainless without any risk is the gold coins that are still in the internship period in the side hustle.
At present, I have personally tested *** Little Red Book, short**.
At present, the best thing to do is *** writing income, which has been a monthly income of 5 figures for 10 months, and a monthly income of more than 10,000 yuan in December 23.
If you want to add the salary of the class, in fact, I almost earn more than 10,000 yuan a month. If you want to make money, you can try it first!
3. Set a mandatory monthly savings goal.
At the beginning of each month, set yourself a mandatory savings amount and make sure you deposit it on time.
This amount can be adjusted according to your actual situation, and even for students, depositing 100 yuan per month is a good start.
For office workers, it is advisable to put 20% of your monthly income (in case of non-payment of mortgage) into a savings account.
For example, if your salary is 5,000 yuan, then if you deposit 1,000 yuan a month, you can save 12,000 yuan in a year.
At the end of the year, you can convert this money into a fixed deposit and enjoy a higher interest income.
4. Every little money should be cherished.
Some people may feel that saving a little money won't make much of a difference in their lives, but in reality, these small amounts of money can often turn into a considerable amount of wealth over time.
It's easy to ignore small expenses and think they're insignificant, but if we spend them regularly, they add up and take up a sizable percentage of our income.
It's like a drop of water wearing a stone, although each drop of water is small, but the water droplets are able to penetrate the hard stone for a long time.
Therefore, we should develop the habit of cherishing every little penny. Whether you're shopping or dining, you should be mindful of how much you spend and minimize unnecessary expenses.
In this way, we will be able to take better control of our finances and accumulate wealth.
Remember, small money is money, and when you add up, it will eventually become an important part of our wealth.
5. Stick to reading.
Research shows that 80% of the wealthy have a habit of reading on a daily basis, and you might argue that many successful entrepreneurs in China do not have a higher education, but those who do stand at the top always seek further self-improvement after achieving a certain level of achievement.
Therefore, if we aspire to become wealthy, we must incorporate daily reading into our daily lives and make it an indispensable habit.
On the way back and forth between work and home, you can choose to listen to audio books, and I recommend celebrity biographies, personal development and inspirational books because the purpose of reading is to help us grow and help us get out of trouble and achieve our own prosperity.
Of course, other types of books are equally worth reading, because reading is a gradual accumulation process, and over time, you will find that continuous reading makes a subtle change in your temperament.
After all, no matter in the past or now, the principle of survival of the fittest has never changed, and if we don't read and make progress, we will be eliminated by the times.
Charlie Munger once said, "All the smart people I have met are all love of reading." ”
6. Teach yourself how to cook and stay away from takeout.
Since I started my journey, I have gradually discovered that the cost of a takeaway meal is enough for me to bring back a variety of fresh ingredients from the wet market.
What's more, these home-cooked meals are far healthier than takeaways.
I used to be a big fan of takeaways, but the diarrhea experience in those days made me start to reflect on the safety of takeaway food.
Since then, I have tried to order takeout as much as possible, and now, taking the opportunity of **, I have completely quit takeout and feel that my life is much easier.
I'm a person who gets tangled up, and every time I order takeout, I have to hesitate about which store to choose, which is a waste of time and makes me eat a lot of extra calories.
But now, I don't bother with these trifles anymore. Without the takeaway, I am even more determined.
Although takeout is convenient and quick, it is not a necessity of life. I can choose healthier and more affordable ways to meet my dietary needs.
I believe that as long as I persevere, I will be able to have a slimmer and healthier body.
In the new year, let's work together to cultivate these seemingly insignificant little habits that will subtly lead us to a more affluent future.
Remember, saving money is not the end goal, it's a bridge to a better quality of life.
May you not forget to savor every moment of life while being careful in your budget, so that every penny can be spent on the blade and lay a solid foundation for a better future.
Looking forward to 2024, may we all go further and further on the road of smart financial management.