Expenditure per income: the key to success

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To survive on earth we must eat. Apart from eating we have several other activities that need to be done and if we don't do them we cannot live in society. We need a lot of money to meet our basic needs. And if you want to provide that money then you must earn money. Because without earning money you will never be able to fulfill your material needs and you will never be able to guide yourself in the right direction.

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The second thing to notice after money income is expenditure. As we are spending money on one side, we have to spend that money on the other side. It is very important to spend money on various household chores or to fulfill basic needs in our daily life. However, if the cost of money is more than our income then what will happen there?

Of course we need to reduce our expenses or increase our income rather than income. If we earn 100 dollars and our expenses are 105 dollars then what should be the state of that family?

It is really sad that the expenses of a family are more than the earning. Yet we must be especially careful about this. Because if household expenses are more than our income then it is bad luck for us. If you earn $100 a month and spend $105, you have a $60 annual deficit. So if you see a deficit of 60 dollars every year then it is never possible to bring success in your family. So what to do here now?

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Where there is a problem there must be a solution. So I can give you a good advice here and that is to spend according to income

We must understand the income and spend the money. If we earn $100 a month then we should spend a maximum of $90 there. It is important to save the remaining 10 dollars for our future plans. Because thinking about the future is a very big thing for us.. So we always have to think about the future.

If we earn $100, we spend $90 and save the remaining $10. If necessary, we may have to increase our income slightly. But one thing must be kept in mind, our expenses should be less than our earnings. But I think we can achieve our desired success.

Best regards
@steem-for-future

^{your steemit friend}