Hey, I need money… Please help me. I don’t have money in my bank account.
Then, you have to learn about protection reserves. If you get money from your income then, immediatelytransfer certain amount of money in to protection reserve bank account. If you earn $100 then, you must transfer 10% of income to your protective reserves account. Also, Now a day’s everyone has Smartphone. If you want to manage your income then, install moneymanagement application and follow that app instructions. Smart people always start planning for retirement as soon as. Because, you can make more money at thistime when you are young.
So, plan for retirement and how much money you need. If you earn commission or bonus then, you must need to reserve 50% of your commission. Also, set specific financial goals for your household & begin with short goals and then,expand to long term goals. If you seriously struggling with money problems then, try to change your habits, avoid unwantedthings and work more as you can. You can identify your habits by recording all income and expenses. Also, use internet banking as possible. Because, sometime bill payment reminder messages orcalls trigger you to save money for upcoming bill payments.
At last, monitoring your investments and long term goals can helps you to manage your money. If you follow these all guidence then, you can save some amount of money from your daily routine life.