My spending habits

In today’s inflationary world nothing is more important than Knowing how to

wisely spend the meager income that we get. Financial problems usually arise

due to lack of proper budgeting skill in failure to spend money according to the

budget plan.

My salary as a teacher is very low, but I Plan each month my expenses through

a budged because so I have a vision of my important necessities. I don’t have

credit cards because I think that them create a false sense of wealth. I save a

little money for emergencies because when there are a difficulty its very

important to have money. For that I spend according as I can. I living within my

means. Other situation is that I buy all personal things in December for all year

and rarely I go to the mall. I try to use my money carefully and wisely, in other

word thrifty.

In conclusion a good way to reduce debts is to develop discipline in spending

habits. Discipline begins with a plan that the person should follow step by step.

The first month will be difficult; but few to few will be easier.