At the end of each month, there's a cry of being broke, always living paycheck to paycheck with a sense of panic. Unconsciously, one becomes a "moonlight clan"... Is this also a portrayal of you?

Today, prices are continuously rising, but salaries remain stagnant. The phenomenon of low pay causes office workers to complain and tighten their belts. Among the biggest sources of stress in real life are too much work and personal financial issues, with "too low salary" being the most significant. Low pay and the inability to save money are interlinked, causing many office workers to exhaust their efforts. Even if they try desperately to save, their savings can still shrink at any time.

In today's challenging economic climate, where making money is not easy and saving is even more difficult, as a novice in financial management, grasping the three key words "save," "deposit," and "allocate" can take the first big step in personal finance, allowing for a more planned life!

Save: Master the principle of "eating well before shopping" to avoid excessive consumption.

According to a study in the United States, when the body feels hungry, the brain automatically sends signals to "search" and "demand" food, which may lead to unconsciously consuming more food.

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Applying this theory to other products, it is not difficult to deduce that when the demand increases, it is easy to purchase too many unnecessary goods, leading to "excessive consumption."

To avoid spending too much unnecessary money, "shop after eating well" can effectively save unnecessary expenses. In other words, do not wait until there is a shortage of everything at home, to the point where you can't even cook, before going shopping. This can lead to a one-time purchase of too many goods, and due to the large quantity, many items that are not actually necessary will be bought, increasing consumption unconsciously.

When everyone is "buying, buying, buying," they think "I've already bought a lot, it doesn't matter if I buy a little more" or "I've bought so much, it's rare to come here, it's okay to buy a bit more." In addition to the necessary consumption for enjoying discounts during the annual "Singles' Day," there is also a mindset of "once a year, don't miss it," leading to the purchase of many unnecessary items.

Rational consumption, buying according to needs, and avoiding some unnecessary expenses can effectively save some expenses and alleviate the "moonlight" syndrome.

Deposit: Use the "ladder deposit method" to force savings and accumulate small amounts into more.

(The translation is cut off as the original text was also incomplete.)It must be hard to imagine that Jim Rogers, the "financial crocodile" and founder of the Quantum Fund, would wear clothes with holes in them, right? "Young people love to spend money but hate to save, which is an incorrect habit. Young people must save money and as much as possible..." In his view, young people should "save money"!

Jim Rogers is not ashamed of the holes in his clothes; instead, he openly states that his material desires are very low: "I rarely buy clothes, maybe once every 4 or 5 years, and apart from clothes, I also rarely buy other things." This globally renowned investment master with a very full wallet leads by example in reducing personal consumption desires. His daughter has been practicing saving money since she was 5 years old, "My daughter now has 5 piggy banks, and the current American youth really love to spend money..."

Jim Rogers reiterated that no matter how much you earn, you should be able to save money disciplinedly every month, and at the same time, accelerate the accumulation of your first pot of gold through financial management, so as to have the opportunity to make money with money and accumulate wealth more quickly. As for where the first pot of gold comes from? Of course, it's from saving money! "The vast majority of American young people like to consume and shop, which is definitely a wrong habit. From my experience, to be wealthy, you must save money. This is the golden rule of becoming rich."

As a financial novice, saving money regularly is a convenient way to quickly accumulate initial capital. Over time, this initial capital will become a solid foundation for future financial management!

Accompanying: Use the "Envelope Budgeting Method" for designated funds to prevent overdrafts.

Have you ever felt that the money in your wallet or bank card is "whoosh" used up in an instant? In fact, this is due to a lack of awareness. You might as well make good use of the "Envelope Budgeting Method," which categorizes your monthly salary income into different envelopes according to different consumption needs.

The so-called "Envelope Budgeting Method" is to set aside the amount you plan to save in advance from your monthly salary income, which is "save first, then spend." After that, put the remaining money into several envelopes, divided into "first half of the month food expenses," "second half of the month food expenses," "tuition," "transportation expenses," "insurance fees," "utilities bills," "mortgage," and "other (entertainment)," etc.

Each envelope is not independent but can support each other. For example, if the money in the "food expenses" envelope is running out, you can timely "transfer" some money from the "entertainment expenses" envelope to use; then, the entertainment expenses for that month should be reduced.

However, it is particularly important to note that this financial method emphasizes the concept of budget balance. Never put "extra" money into any envelope, and do not increase budgets under various pretexts or arbitrarily transfer funds, otherwise, you will lose the original meaning of planning.

Under the influence of various reasons, the economic pressure on the working class has increased sharply. However, the more the economy is not booming, the more difficult it is to get a raise, the more you need to know how to turn defense into offense and manage your finances efficiently. Say goodbye to the past life of blindly saving money and blindly following others' buying and selling, and accumulate your first pot of gold in life as soon as possible.Starting from "saving" and "allocating," do not underestimate these small financial management methods. It is important to understand that any issue involving money is a significant issue. Proper financial management can make life more promising.

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