Salaries that often run out in the middle of the month are often experienced by all employees. Especially if you are a new employee who has not been able to manage monthly finances well. As a result the salary will run out in the middle of the month, although you get a higher salary compared to your life needs in a month. Of course, many factors make your salary demolished prematurely .
If you often experience it, it’s a sign that there should be better financial planning and leave a bad habit to spend money early in the month. Here are a variety of bad habits that become the reason your salary runs out in the middle of the month:
Spending is not important too much
The need for life is necessary to be fulfilled, but there must be a priority scale of the important and less important. There is a need for primary, secondary and tertiary. All that must be a reference to meet the needs so as not to burden your finances.
If you run out of money in the middle of the month, it could be an unimportant early month expenditure continues to increase and not controlled. Suppose the needs of walking, hanging out, buying prestigious goods and others that will make your monthly finances dry. Although your salary increases, but make sure you can keep your appetite for shopping and using money for less important things.
Less concerned with the future
Although many think about the future by saving or keeping spending, others are too indifferent or less concerned about the future. You may be one of them. Planning the future is so important that you do not regret in the future.
From now on, fix your mindset and think a thousand times to manage your finances so as not to adversely affect your future. Prepare to save and invest in minimal risk.
Not Doing financial records
Financial logging is exhausting, but it is very important as your consideration for spending and income. Bad habits that you do not record the financial at the beginning or end of the month can impact the end of money in the middle of the month.
Try to start keeping track of how much expense and income you earn and make it smarter in managing money. You do not have to make a complicated and exhausting balance sheet, simply record the income you earn and the big expenses that must be done every month.
Managing finances sometimes takes patience and controls lust and logical thinking. Try to do long term calculations and short term so that you can set aside money properly without having to leave the social life that also requires no small funds. This careful calculation will make you happier in living your life and the tranquility of your soul and mind.